Have your debts been increasing lately? Are you burnt out from trying other financial tips and advice but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is among the most asked companies. Many customers have asked if they are able to help or put you in more debt.
According to their customers, they can help you control the majority of your debt , so you can take couple of w
orries off your plate.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll take a deeper review of the way CuraDebt operates and what issues 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, you can go to this video in case you would 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 overview. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Heroes Earnings Assistance And Relief Tax
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. They also provide other services that can assist you in becoming financially secure.
It all begins by requesting a free savings estimate online. It is a completely private service, and they won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your other options in your journey to debt-free.
The savings estimate, as mentioned before, gives you an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to sign up. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the agency to take care of all your creditor’s calls. They’ll be the ones who negotiate conditions of the repayment in accordance with the state of your finances. In determining which option is the best for you, it could be a lump-sum settlement or an installment plan.
Moreover, they will work with creditors so that you can enjoy better rates when you transfer money into your savings account. This in turn, will process to pay creditors. The plans they offer can help you pay off the debt in two years.
After you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts Client Portal to monitor your development.
Before you are able to avail their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards and also lines of credit. They are also able to settle any outstanding amount on business debts and collections or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you won’t get assistance with the majority claims, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors so that you can have cash settlements, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt can also help you repay debt for less than the sum you have. You can also ask questions during their free consultation with their debt counselor.
The greatest benefit of their program is that you’ll only have to pay for the charges after your debt has been settled. All you have to sign up for any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation They will also gather all the necessary paperwork for tax returns.
By using this program, you should be able to solve various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount you’ll have to pay.
They have different solutions when it comes to settling 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 kind of debt can they help you with?
Although they specialize in debt settlement, it is not their specialty however, they do not provide all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They can’t assist you if your loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any problems. Additionally, this service is offered across all 50 states, if you have a debt to the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve your medical debt. In some instances you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate any loans they owe.
Personal and payday loans also qualify for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Also, they do not charge high fees as well. On average, you’ll be required to pay as much as 20 percent of the debt you settled through them.
On average, this type of industry charges between 15% and 25%.
Additionally, customers can anticipate to pay off their debts in between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
Additionally, they claim you can save up to 30% by incorporating their costs into your calculations.
However, this statement will depend on your specific situation. Some customers have even talked about saving 50 to 80percent.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. In addition they charge only a 20% fee while many companies charge 25%.
Then, if you’re done in the process of debt resolution you could join their credit repair program.
It’s a great method to improve your credit score without going in debt again. However, the program runs in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t increase over time. They’ll also be looking into any violations by creditors using their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with . If you’re trying to improve your rating on your credit, this may cause you to delay getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app. While they do have a website that clients can access but it’s outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on these kinds of services. In addition the 20% service cost is lower than many firms that charge a 25% fee. There is no upfront payment, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account so that you can track your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that would make it easier to track your performance.
However, they have a competent support staff and can be reached them, not only via emails but by phone or by submitting an electronic ticket. Heroes Earnings Assistance And Relief Tax
If your credit card is a major problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the programs that they provide are offered in your state.
FAQ Heroes Earnings Assistance And Relief Tax
How long will it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt provides tax relief programs that can assist you with issues such as late payroll taxes and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.