Have your debts increased lately? Are you burnt out from trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is among the most asked companies. Many customers have asked if they are able to help or put you into more debt.
According to their customers, they can help you control 80% of your debt so that you can finally take a couple of things off your mind.
However, for certain people, these claims are just too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, go to this video if you prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Home Equity Act For Tax Relief Of 2021
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. They also provide other services that will assist you in becoming financially stable.
First of all, it begins by requesting a free online savings estimate. This service is very confidential and won’t be conducting a credit screening. With this estimate of savings, you will discover more about other options in your journey to debt-free.
This estimate of savings, which was mentioned previously, offers you the opportunity to consider your options regardless of whether or not you’re planning to continue 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 sign up. Some financial advisors can help you in your debt-free journey.
Following your debt settlement plan, CuraDebt will be the agency to handle all of the calls from your creditors. They will also be the ones who determine the terms of your settlement based on the status of your finances. Depending on which works most effectively your situation, the payment could either be a lump sum settlement or an installment plan.
Moreover they will also work with lenders to help you have better rates as you make deposits to your savings account, which in turn, will process to pay the creditors. Their programs can assist you to pay off the debt in 48 months.
Once you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to track your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- Minimum 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 help you.
As their name suggests, CuraDebt can help you deal your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards, and lines of credit. You can also approach them to help settle any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate for back taxes as well as 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 other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, if they are possible. Some violations can also lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the sum you have. You can also ask questions during their free consultation with their debt advisor.
The best part about their plan is that you will only have to pay for the charges when your debt is paid off. All you need to do is sign up with some of their programs, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial documents They will also gather all the paperwork you’ll need to file tax returns.
By using this program, you should be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you have to pay.
They offer different options for settling the 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?
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 won’t be able to help you if your debt or loan is tied to an actual item.
If, however, you are in one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without any issues. Additionally, this service is available to all 50 states if you have a debt towards the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some instances you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students with negotiating any student loans that they are owed.
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The best part about CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
Also, they do not charge high charges either. On average, you’ll be required to pay up to 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere between 15% and 25 percent.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. This varies depending on the amount that you are able to save each month.
Additionally, they claim that you can save up to 30% when you factor in their fees in your equation.
However, this statement will depend on the situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. In addition they only charge a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution you may join their credit restoration program.
It’s a fantastic way to restore your credit score without having to go back into debt. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor using their experts in-house.
Some disadvantages to using CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with your credit card. Therefore, if you’re trying improve your standing on credit scores, you may set you back while you’re finishing your obligations.
CureDebt does not have a mobile app. While they do have a website for clients but it’s aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. Moreover the 20% service cost is lower than many firms that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app, which will make it easier to look at your progress.
They do have a competent support staff and can be reached them not only through emails but by phone or by sending an electronic ticket. Home Equity Act For Tax Relief Of 2021
If your credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your area.
FAQ Home Equity Act For Tax Relief Of 2021
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can help you with problems such as late payroll tax issues and wage garnishments.
What should I do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.