Has your debt increased lately? Are you tired of trying different financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they are able to help or put you in more debt.
According to their clients, they can assist you in managing 80percent of your debt , so you are able to take few things off of your shoulders.
But for some people they believe these claims are too good to be true.
If you’re looking for something that will aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before beginning the review, go to this video for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Gc Tax Helps Get Fema Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. But they offer other services that will help you be more financially secure.
First of all, it begins by requesting a free savings estimate online. This service is very confidential, and they won’t conduct a credit inquiry. With this savings estimate, you will learn more about your other options in your journey towards debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program, CuraDebt will be the company to answer all of your creditor’s calls. They’ll also be the ones who determine the terms of your payment in accordance with the state of your finances. In determining which option is the most effectively your situation, the payment can either be a lump sum settlement or an installment plan.
Additionally they will be working with the creditors so that you can get better rates when you make deposits to your savings account, which in turn, will be processed to pay off creditors. Their plans can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal so that you can monitor your development.
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CuraDebt’s Requirements
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can help you.
Debt Relief
As their name suggests, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards, and also lines of credit. They are also able to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating with back taxes and IRS debt. But, you won’t receive support for most cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors in order to get cash settlements, should it be possible. Certain violations may cause your debt to be also dismissed.
CuraDebt can also help you repay debt for less than the amount you have. Additionally, you can have questions answered during a free meeting with their debt counsellor.
The most appealing aspect of the program is that you only pay the fees once your debt is settled. All you need to sign up to any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you should be able to deal with different types of taxes such as wage garnishments as well as tax penalties for personal and business taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing and is dependent on the amount you’ll must settle.
They have different solutions when it comes to paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to provide all kinds of settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to assist you if your debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
Tax Debt
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any problems. Additionally, this service is available to all 50 states if you owe money towards the IRS. There are federal tax experts who can assist you in resolving the issues.
Medical Debt
CuraDebt will also help you resolve any medical-related debt. In some instances you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students in negotiating any loans they owe.
Personal Loan
Personal loans and payday loans also qualify for the debt settlement program. You can also avail if you have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you settle each of your outstanding debts.
Additionally, they don’t charge high fees as well. On average, you’ll have to pay up to 20% of the debt you settled with them.
In the average, this kind of industry can charge anywhere between 15 and 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. But, it also differs in relation to the amount you save per month.
Also, they claim you can save up to 30% if you include their costs into your calculations.
But this claim will also differ based on your specific situation. Some customers have even talked about saving between 50% and 80%.
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Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25%.
Then, if you’re done with the debt settlement program, you can join their credit repair program.
It’s a fantastic way to restore the credit rating without going in debt again. The program is however designed different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations of creditor with the help of their experts in-house.
Some disadvantages to using CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with your credit card. So if you’re trying to improve your credit score, it may delay you from working on your credit card debt.
CureDebt also doesn’t offer a mobile application. Although they have a client website but it’s old and mundane. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on those types of services. In addition the 20% service charge is lower than many businesses that charge an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app that will make it easier to track your performance.
But, they do have a good support team that you can contact them not only through emails but also by phone or submitting an e-ticket. Gc Tax Helps Get Fema Relief
If credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs that they provide are offered in your area.
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FAQ Gc Tax Helps Get Fema Relief
What is the time frame to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt provides tax relief programs that will assist you with issues like delinquent tax issues and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to lower the amount of debt you have over time.