Are you experiencing debt that has been increasing lately? Are you burnt out from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they are able to help or put you into more debt.
According to their clients they can assist you in managing 80% of your debts so that you can take couple of things off your shoulders.
For some the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before you begin the review, check out this video instead in case you would prefer to watch it.
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 overview. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company How Do Seniors Apply For Tax Relief From Town Of Reading, Ma
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most well-known feature. They also provide other services that can 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 will not be doing a credit check. With this estimate of savings you’ll be able to discover more about alternatives towards debt-free.
The savings estimate, which was mentioned previously, offers you the opportunity to consider 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 assist you in navigating credit arbitration if you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following the debt settlement plan, CuraDebt is the one to handle all of your creditor’s calls. They’ll be the ones who will negotiate what you will pay for your repayment depending on the condition of your finances. In determining which option is the most effectively to you, this could either be a lump sum settlement or the option of a payment plan.
Additionally they will be working with the creditors so that you can get better rates when you make deposits to your savings account. This in turn, will process to pay off the creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they will provide you with access to your information 24/7. All you have to do is sign in to CuraDebts’ client portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans credit cards as well as lines of credit. They can also be approached to help settle any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you will not receive assistance for 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 help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations could lead to having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you have. You can also ask questions during their free meeting with their debt counselor.
The best part about their program is that you will only be charged when your debt is paid off. All you have to sign up for any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documentation, they will also collect all the necessary paperwork to file tax returns.
With this program, you will be able to deal with different types of taxes like wage garnishments and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges either. They only use flat-fee pricing that is based on the amount you’ll must settle.
There are a variety of options in paying off taxes. 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 can they assist you with?
While debt settlement is their specialization, they don’t cater to all types of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if the loan or debt is linked to an actual item.
If, however, you are in the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any issues. Moreover, this type of service is available to all 50 states in the event that you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students negotiate any student loans that they owe.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards, CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your outstanding debts.
Also, they don’t have high-cost charges either. On average, you’ll be required to pay up to 20% of the debt you settled with them.
On average, this type of industry can charge anywhere between 15% and 25%.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies according to the amount you are able to save each month.
Additionally, they claim that you could save up to 30% by incorporating their fees in your equation.
But this claim will also depend on your situation. Some customers even claimed to save 50% to 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s look into the advantages from using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. In addition, they only charge a 20% fee while most companies charge you 25%.
If you’re finished by the program for debt relief you may join their credit restoration program.
It’s an excellent way to restore the credit rating without having to go into debt again. However, the program runs different for every person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor using their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with your credit card. So if you’re trying to increase your credit score, it might cause you to delay finishing your obligations.
CureDebt also doesn’t have a mobile app. While they do have a website for clients however, it appears outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on those types of services. In addition their 20% service cost is cheaper than most firms that charge an additional 25% charge. There is no upfront payment, and you will only have to pay when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to track your performance.
However, they have a great support team and can be reached them not only through emails but also by phone or submitting an electronic ticket. How Do Seniors Apply For Tax Relief From Town Of Reading, Ma
If the debt is a big problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs they provide are in your state.
FAQ How Do Seniors Apply For Tax Relief From Town Of Reading, Ma
How long does it take to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can assist you with issues such as late payroll tax issues and wage garnishments.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower the amount of debt you have over time.