Are you experiencing debt that has been piling up lately? Are you exhausted from trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is one of the most asked companies. Many people are asking if they can assist you or help you get into more debt.
According to their customers, they can assist you in managing 80percent of your debt so that you are able to take couple of w
orries off your plate.
For some the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of how CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion we’ll look at its advantages and drawbacks.
Before you begin the review, watch this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Governor Otters 2021 Unemployment Insurance Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most well-known feature. They also provide other services that will help you be more financially stable.
The process begins with requesting a free savings estimate on the internet. This service is very confidential and they will not be doing a credit check. With this estimate of savings, you will learn more about your alternatives to be debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an idea of your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the company to handle all of your creditors’ calls. They’ll be the ones who determine the terms of your settlement depending on the condition of your finances. Based on what works best to you, this can be a lump-sum settlement or a payment plan.
Furthermore they will also be working with creditors so that you can have better rates as you make deposits to your savings account. This in turn, will be processed to pay off the creditors. Their programs can assist you to pay off the debt in 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you need to do is sign in to CuraDebts Client Portal to monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for most types of debt. They can help with personal loans, medical bills, credit cards and also loans. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. But, you won’t receive support for most claims, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations in order to get cash settlements, if they are possible. Certain violations could result in having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. Additionally, you can inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their plan is that you will only pay the fees after your debt has been settled. All you have to sign up to one of their plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
Through this program, you will be able to deal with various tax issues such as wage garnishments, tax penalties, personal and corporate taxes and back taxes, 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’ll need to settle.
They have different solutions in the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their forte, they don’t provide all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t assist you if your credit or loan is tied to an item that is physical.
However, if you have the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any problems. Additionally, this service is accessible to all 50 states if you owe money towards the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve the medical bills. 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 the federal government’s student loan. Still, they can help private students negotiate the student loans they are owed.
Payday loans and personal loans also qualify as debt-settling programs. You can also avail of the program if you also have other unsecured 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 or traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you settle each of your outstanding debts.
They also do not charge high fees as well. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled through them.
On average, this type of industry charges between 15% and 25%.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. But, it also differs in relation to the amount you can save up per month.
Also, they claim that you could save as much as 30% when you factor in their charges into your calculation.
However, this statement will differ based on your situation. Some customers have even talked about saving 50% to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they only charge an amount of 20%, while most companies charge you 25%.
Then, if you’re done by the program for debt relief, you could enroll in their credit repair program.
It’s a fantastic method to improve your credit without going back into debt. The program is however designed differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also investigate any creditor violations with the help of their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using . Therefore, if you’re trying build a better standing on credit scores, you might cause you to delay working on your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a website for clients, it looks outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more for these types of services. Moreover, their 20% service cost is lower than many firms that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay when your debt is finally settled.
Although they’ll give you an account to see your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app that would make it easier to track your performance.
But, they do have a competent support staff that you can contact them not only through emails but also via phone or sending an electronic ticket. Governor Otters 2021 Unemployment Insurance Tax Relief
If debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services they provide are in your state.
FAQ Governor Otters 2021 Unemployment Insurance Tax Relief
How long does it take to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt has a tax relief program to aid you in dealing with problems such as delinquent payroll tax and garnishments of wages.
What do I need to 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.