Are you experiencing debt that has increased lately? Are you burnt out from trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve tried every thing.
In most cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. Many customers have asked if they can help you or put you into more debt.
According to their clients, they can assist you in managing the majority of your debt so that you can take couple of things off your plate.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, watch this video instead in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to check out 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 How Do I Fill Out My Tax Relief Statement?
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. They also provide other services that can assist you in becoming financially stable.
First of all, it starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not be doing a credit check. With this estimate of savings you’ll be able to learn more about your options to debt-free.
Savings estimates, which was mentioned previously, offers you an insight into your choices 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 the process of credit arbitration should you choose to sign up. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program, CuraDebt can be the agency to handle all of the calls from your creditors. They’ll be the ones who will determine what you will pay for your repayment in accordance with the state of your finances. Depending on which works best for you, it can be either a lump sum settlement or an installment plan.
Additionally they will also work with creditors so that you can get better rates when you deposit money to your savings account, which in turn, will process to pay back the creditors. The plans they offer can help you pay off the debt in two years.
Once 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 Client Portal to track your development.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with medical bills, personal loans credit cards, and also loans. You can also approach them to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you won’t get support for most cases, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors in order to get cash settlements, if possible. Certain violations may result in having your debts removed as well.
CuraDebt lets you pay off debts with less than the sum you have. You can also have questions answered during a free consult with their debt counsellor.
The most appealing aspect of their program is that you will only pay the fees after your debt has been settled. All you need to sign up for any of the plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial records, they will also collect all the necessary paperwork for tax returns.
Through this program, you will be able to resolve different types of taxes like garnishments on wages and tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only use flat-fee pricing and is dependent on the amount that you’ll need to settle.
They offer different options for paying off 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 kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty, they don’t provide all kinds of settlement. CuraDebt only focuses on loans that are not secured. They aren’t able to help you if the debt or loan is tied to an actual item.
If you do have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay taxes that are due without any problems. Furthermore, this service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any student loans that they owe.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your outstanding debts.
Also, they don’t charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
On average, this type of business can cost anywhere between 15 and 25 percent.
Moreover, clients can expect to settle their debt from two to four years. This varies depending on the amount that you are able to save each month.
Also, they claim that you could save as much as 30% when you factor in their fees in your equation.
But this claim will also vary, depending on the situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s explore the benefits from using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. In addition, they only charge an amount of 20%, while many companies charge 25%.
Then, if you’re done in the process of debt resolution you could also sign up for their credit restoration program.
It’s a fantastic option to rebuild your credit without going into debt again. However, the program runs differently for each person according to your personal situation.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any creditor violations with the help of their experts in-house.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. So if you’re trying to build a better rating on your credit, this might set you back while you’re getting rid of your obligations.
CureDebt also doesn’t offer a mobile application. Although they have a website for clients, it looks old and mundane. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not credited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on these kinds of services. Additionally, their 20% service charge is less expensive than the majority of companies that offer an additional 25% charge. There are no upfront payments, and you will only have to pay the fee when your debt is finally settled.
Although they’ll give you an account to see your progress however, their website isn’t easy to navigate. CuraDebt does not have an app, which would make it easier to track your progress.
However, they have a great support team, and you can reach them not just via email but also by phone or making an e-ticket. How Do I Fill Out My Tax Relief Statement?
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they provide are in your state.
FAQ How Do I Fill Out My Tax Relief Statement?
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 as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt provides tax relief programs that can help you with problems like delinquent tax issues and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to lower your debt over time.