Has your debt increased lately? Are you tired of trying other financial tips and advice but haven’t solved your problems?
Maybe you’re here because been through everything.
In the majority of cases, your best way is to approach experts who can help you settle this issue.
CuraDebt is among the most asked companies. Many people are asking if they are able to help or put you into more debt.
According to their customers, they can help you control 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. In this case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of the way CuraDebt works and what problems it can solve for you.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before starting the review, watch this video instead if you prefer to watch it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Gconnect Income Tax Relief Calculator
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. But they offer other services that will assist you in becoming financially stable.
The process begins by requesting a free savings estimate online. The service is completely confidential, and they won’t be conducting a credit screening. With this estimate of savings, you will be able to learn more about the options towards debt-free.
The savings estimate, as mentioned previously, offers you an insight into your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement plan, CuraDebt is the agency to take care of all the calls from your creditors. They will be the ones who negotiate what you will pay for your settlement depending on the condition of your financial situation. Depending on which works most effectively for you, it could either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with lenders to help you get better rates when you transfer money into your savings account. This in turn, will process to pay creditors. Their plans can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is sign in to CuraDebts’ client portal to track your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards as well as loans. They can also be approached to settle any outstanding balance of business debt, collections, or repossessions.
They can even help negotiate on tax owed and IRS debt. However, you will not receive support for most claims, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also ask questions during their free consult with their debt counselor.
The most appealing aspect of the program is that you will only be charged after your debt has been settled. All you have to sign up to one of their plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you’ll be able to deal with the various types of tax problems such as wage garnishments and tax penalties, personal and taxation for business as well as back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees either. They only offer flat-fee prices that is based on the amount you must settle.
There are a variety of options when it comes to the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist 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 only focuses on loans that are not secured. They can’t help you if your debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Furthermore, this service is offered to all 50 states in the event that you have a debt to the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve the medical bills. In some cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students in negotiating any student loans that they are owed.
Payday loans and personal loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
Also, they don’t have high-cost costs either. On average, you’ll have to pay as much as 20% of the debt you settled through them.
On average, this type of business can cost anywhere between 15% and 25 percentage.
In addition, customers can expect to settle their debt from between 2 and 4 years. This varies depending on the amount that you save per month.
They also claim that you could save as much as 30% by incorporating their fees in your equation.
However, the claim may vary, depending on your situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. In addition they only charge a 20% fee while the majority of companies charge 25%.
Then, if you’re done by the program for debt relief you could also sign up for their credit restoration program.
It’s a great method to improve your credit without going back into debt. However, the program runs in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any creditor violations with the help of their in-house experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with your credit card. Therefore, if you’re trying improve your credit score, it may delay you from working on your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a website for clients but it’s old and mundane. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more for these types of services. In addition, their 20% service charge is lower than many businesses that charge a 25% fee. There aren’t any upfront fees, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app, which would make it easier to monitor your progress. Gconnect Income Tax Relief Calculator
However, they have a good support team, and you can reach them not only through emails but also via phone or submitting an electronic ticket. Gconnect Income Tax Relief Calculator
If debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your area.
FAQ Gconnect Income Tax Relief Calculator
What is the time frame to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can assist you with issues like delinquent taxes and garnishments of wages.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down your debt over time.