Have your debts been increasing lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, your best option is to speak with experts who can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they can help you or help you get into more debt.
According to their clients they can help you manage the majority of your debts so that you can take couple of w
orries off your plate.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, check out this video instead in case you would prefer watching 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 review. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Govenors Sue Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is 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.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. However, they also offer other services that will assist you in becoming financially secure.
It all begins with requesting a free savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. With this estimate of savings you’ll be able to be able to learn more about the options to debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with credit arbitration in the event that you decide to sign up. Some financial advisors can help you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt is the agency to answer all of your creditor’s calls. They will also be the ones who negotiate the terms of your payment in accordance with the state of your financial situation. Depending on which works best for you, it can either be a lump sum settlement or the option of a payment plan.
Additionally they will be working with the creditors so that you can have better rates as you make deposits to your savings account, which in turn, will be processed to pay off creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts the client portal to monitor your performance.
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CuraDebt’s Requirements
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can help you.
Debt Relief
Like their name implies, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for all kinds of debt. These include personal loans, medical bills credit cards and also line of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive assistance with the majority cases, government loans or collateral, as well as utility bills. The same goes for 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 so that you can have cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you have. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The most appealing aspect of their program is that you only pay the fees once your debt is settled. All you need to do is sign up with one of their plans and you’ll be able 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 documentation They will also gather all the necessary paperwork for tax returns.
With this program, you will be able to deal with the various types of tax problems such as garnishments on wages and tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices that is based on the amount that you’ll must settle.
They have different solutions when it comes to the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
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What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte however, they do not provide all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to assist you if your credit or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
Tax Debt
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without difficulty. Additionally, this service is offered to all 50 states if you owe money to the IRS. There are federal tax experts that can help you resolve these types of issues.
Medical Debt
CuraDebt will also help you resolve any medical-related debt. In some cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students with negotiating any student loans that they have to pay.
Personal Loan
Personal loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is the way the company has priced its services. They do not charge an upfront cost. The only time you pay is when you have paid off all of your debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20 percent of the debt that you settled through them.
In the average, this kind of business can cost anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. However, this also varies according to the amount you are able to save each month.
Additionally, they claim you can save up to 30% when you factor in their costs into your calculations.
But this claim will also differ based on your specific situation. Some clients even mentioned saving 50% to 80%.
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Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. In addition they charge only an amount of 20%, while many companies charge 25%.
Then, if you’re done with the debt settlement program you could also sign up for their credit repair program.
It’s a great way to restore your credit without going in debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t increase over time. They’ll also look into any violations by creditors with the assistance of their own experts.
The drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. Therefore, if you’re trying increase your credit score, it might cause you to delay getting rid of your obligations.
CureDebt does not have a mobile app available. While they do have a website for clients, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on those types of services. Additionally their 20% service cost is lower than many companies that offer a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
While they’ll provide you with an account so that you can track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app that will make it easier to look at your progression.
They do have a competent support staff, and you can reach them not only through emails but by phone or by submitting an electronic ticket. Govenors Sue Tax Relief
If problem of debt is an problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the programs that they provide are offered in your area.
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FAQ Govenors Sue Tax Relief
What is the time frame to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax issues and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to pay down the amount of debt you have over time.