Has your debt increased lately? Are you burnt out from trying other financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In most cases, the most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. A lot of 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 finally take a few things off of your plate.
However, for certain people, these claims are just too good to be true.
You might be looking for anything that can aid you in settling your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning 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. After, you will want to read the rest of our article for a more comprehensive review.
About the Company How Do I Get Innocent Spouse Relief On A Nj Tax Return?
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. They also provide other services that can assist you in becoming financially stable.
The process begins by requesting a free savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. By using this estimate of savings you’ll be able to be able to learn more about the alternatives to debt-free.
The savings estimate, as 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 advisor and a support team to assist you with credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt is the one to answer all of your creditors’ calls. They will be the ones who negotiate the terms of your repayment in accordance with the state of your financial situation. Depending on which works best to you, this could either be a lump sum settlement or the option of a payment plan.
Moreover, they will be working with the lenders to help you get better rates when you transfer money into your savings account. This, in turn, will process to pay off the creditors. The plans they offer can help you pay off the debt in two years.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is log in to CuraDebts the client portal so that you can monitor your performance.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with your 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 loans. You can also approach them to settle any outstanding balance of business debt and collections or repossessions.
They can even help negotiate on tax owed and IRS debt. However, you will not receive assistance with the majority claims, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the amount you have. Additionally, you can ask questions during their free meeting with their debt counselor.
The best part about their program is that you’ll only pay the fees once your debt is settled. All you need to sign up to some of their programs and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial records They will also gather all the documents you’ll require for tax returns.
By using this program, you will be able to solve various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges either. They use only flat-fee pricing, which depends on the amount you’ll need to settle.
They offer different options when it comes to paying off taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to offer all kinds of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if your credit or loan is tied to an item that is physical.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without any issues. Additionally, this service is available to all 50 states if you owe money in arrears to IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt will also help you resolve your medical debt. In some cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students in negotiating any loans they have to pay.
Payday loans and personal loans also qualify 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 an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards and private-label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they don’t have high-cost fees as well. On average, you’ll be required to pay up to 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. However, this also varies 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.
But this claim will also differ based on your situation. Some customers have even talked about saving 50% to up to 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Additionally they only charge an amount of 20%, while the majority of companies charge 25%.
If you’re finished in the process of debt resolution, you could join their credit repair program.
It’s an excellent way to restore the credit rating without going back into debt. The program is however designed in a different way for each individual according to your personal 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 look into any creditor violations with the assistance of their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with the credit card you use. So if you’re trying to improve your rating on your credit, this could delay you from getting rid of your credit card debt.
CureDebt does not have a mobile app available. Although they have a website for clients, it looks aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. Moreover their 20% service fee is lower than many firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app that could make it easier for you to track your performance.
However, they have a good support team, and you can reach them, not only via emails but also via phone or making an e-ticket. How Do I Get Innocent Spouse Relief On A Nj Tax Return?
If the credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they offer are available in your area.
FAQ How Do I Get Innocent Spouse Relief On A Nj Tax Return?
What is the time frame to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll taxes and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to reduce your debt over time.