Have your debts been increasing lately? Are you burnt out from trying various financial tips and advice 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 professionals that can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can help you or help you get into more debt.
According to their clients they can help you manage 80% of your debt so that you are able to take couple of w
orries off your mind.
However, for certain people the claims seem too good to be true.
If you’re looking for any solution that could 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 how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before beginning the review, you can watch this video instead for a more relaxing way 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 review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Healthcare Worker Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. They also provide other services that will aid you in becoming more financially secure.
The process starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to discover more about other options in your journey towards debt-free.
Savings estimates, as mentioned earlier, provides you with an idea of your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt is the agency to take care of all your creditor’s calls. They will be the ones who will negotiate the terms of your payment depending on the condition of your finances. In determining which option is the most effectively for you, it can be a lump-sum settlement or an installment plan.
Furthermore, they will be working with lenders to help you get better rates when you make deposits to your savings account, which in turn, will be processed to pay creditors. Their programs can assist you to get rid of debt in just two years.
After 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 sign in to CuraDebts the client portal so that you can monitor your development.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle all kinds of debt. These include medical bills, personal loans, credit cards as well as lines of credit. They are also able to help settle any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive support for most cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as that of 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. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. You can also inquire about your debt during their no-cost meeting with their debt counselor.
The most appealing aspect of their plan is that you’ll only pay the fees when your debt is paid off. All you have to sign up to some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to solve the various types of tax problems like garnishments on wages and tax penalties, personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing that is based on the amount you have to pay.
There are a variety of options for settling 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 kinds of debts are they able to help with?
While debt settlement is their forte, they don’t offer all kinds of settlement. CuraDebt is only focused on unsecured debt. They can’t help you if the loan or debt is linked to an item that is physical.
If you do have the following types of debt, they will arrange settlements for you.
With CuraDebt, you should be able to settle your past-due tax debts without any issues. Furthermore, this service is available to all 50 states in the event that you have a debt to the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some instances you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students with negotiating any loans they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Additionally, they don’t charge high costs either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
On average, this type of industry can charge anywhere from 15% to 25%.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. This varies in relation to the amount you save per month.
They also claim that you could save up to 30% if you include their charges into your calculation.
But this claim will also depend on the situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. Additionally they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done in the process of debt resolution, you may enroll in their credit restoration program.
It’s a great option to rebuild your credit score without having to go back into debt. However, the program lasts different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any violations of creditor with the help of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to stop paying with . If you’re trying to build a better standing on credit scores, you might delay you from working on your credit card debt.
CureDebt does not have a mobile app. While they do have a website that clients can access however, it appears old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the 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 on these kinds of services. Moreover the 20% service charge is cheaper than most firms that charge the 25% cost. There is no upfront payment and you’ll 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 however, their website isn’t easy to navigate. CuraDebt isn’t even an app that could make it easier for you to monitor your progression.
They do have a good support team that you can contact them, not only via emails but also via phone or submitting an e-ticket. Healthcare Worker Tax Relief
If your debt is a big problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the programs they offer are available in your state.
FAQ Healthcare Worker Tax Relief
How long does it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt provides tax relief programs that can assist you with issues like delinquent tax and garnishments of wages.
What should I do once I’m in the program?
You’ll be required to communicate with the team and pay the required payments to reduce the amount of debt you have over time.