Have your debts been increasing lately? Are you burnt out from trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their clients they can help you manage the majority of your debt so that you are able to take couple of things off your plate.
However, for certain people 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 recommended by people. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, go to this video if you prefer to watch it.
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 Heroes Earnings Assistance And Relief Tax Act Section 125
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by 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 CuraDebt’s most popular feature. But they offer additional services to help you be more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. The service is completely confidential, and they won’t be conducting a credit screening. With this savings estimate, you will learn more about your alternatives to be debt-free.
This estimate of savings, as we’ve 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 counselor as well as a support team to help you with credit arbitration if you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement program, CuraDebt can be the company to answer all of the calls from your creditors. They will be the ones who negotiate what you will pay for your repayment based on the status of your finances. Depending on which works best to you, this can be a lump-sum settlement or the option of a payment plan.
Moreover, they will work with lenders to help you enjoy better rates when you deposit money to your savings account. This, in turn, will be processed to pay back the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal so that you can monitor your performance.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills credit cards, and also loans. They can also be approached to help settle any remaining amount on business debts and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive assistance with the majority cases, government loans as well as collateral and utility bills. They also don’t cover most 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 debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you repay debt for less than the amount you own. Additionally, you can inquire about your debt during their no-cost consultation with their debt advisor.
The best part about their program is that you’ll only pay the fees once your debt is settled. All you have to sign up to one of their plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need for tax returns.
By using 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 corporate taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They use only flat-fee pricing, which depends on the amount you’ll have to pay.
They have different solutions when it comes to the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their specialization however, they do not cater to all types in debt resolution. CuraDebt only focuses on loans that are not secured. They won’t be able to assist you if your loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off taxes that are due without difficulty. Furthermore, this service is accessible to all 50 states in the event that you have a debt towards the IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also help resolve the medical bills. In some cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students with negotiating any loans they have to pay.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail the program if you have other unsecure credit lines that you have obtained from an alternative bank or financial institution.
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.
How much will it cost?
The best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they don’t have high-cost charges either. In the average, you’ll need to pay as much as 20 percent of the debt you settled with them.
On average, this type of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from between 2 and 4 years. However, this also varies in relation to the amount you save per month.
They also claim that you could save up to 30% if you include their fees in your equation.
However, this statement will vary, depending on the situation. Some customers even claimed to save between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition they charge only an amount of 20%, while many companies charge 25%.
Next, if you’re done in the process of debt resolution you can also sign up for their credit repair program.
It’s a great method to improve your credit score without going back into debt. The program is however designed differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also be looking into any violations by creditors using their experts in-house.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using your credit card. So if you’re trying to improve your rating on your credit, this may set you back while you’re getting rid of your obligations.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients, it looks old and mundane. It’s not very intuitive, and it can be difficult 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 useful program that lets you settle your debt without spending more for these types of services. Moreover the 20% service charge is less expensive than the majority of firms that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay when your debt is finally settled.
Although they’ll give you an account to see your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app that could make it easier for you to monitor your performance.
But, they do have a competent support staff that you can contact them not just via email but also by phone or submitting an e-ticket. Heroes Earnings Assistance And Relief Tax Act Section 125
If the credit card is a major problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your area.
FAQ Heroes Earnings Assistance And Relief Tax Act Section 125
How long will it take to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt offers a program for tax relief that can help you with problems such as delinquent payroll tax and garnishments of 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 lower your debt over time.