Are you experiencing debt that has been piling up lately? Are you tired of trying various financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their clients they can help you control the majority of your debt , so you can finally take a couple of w
orries off your plate.
For some the claims seem too good to be true.
If you’re looking for anything that can assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, go to this video in case you would prefer to watch it.
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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company How Do You Structure Your Company For Profits And Tax Relief And Benefits
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is the most well-known feature. But they offer other services that can help you be more financially stable.
It all begins with requesting a free savings estimate on the internet. The service is completely confidential, and they won’t conduct a credit inquiry. With this savings estimate you’ll discover more about other options in your journey to be debt-free.
This estimate of savings, as mentioned before, gives you the opportunity to consider 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 assist you with credit arbitration if you decide to join. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the company to handle all of your creditor’s calls. They will also be the ones who determine the terms of your repayment in accordance with the state of your financial situation. Based on what works best your situation, the payment could either be a lump sum settlement or a payment plan.
Furthermore, they will be working with the creditors so that you can have better rates as you make deposits to your savings account. This, in turn, will be processed to pay the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts’ client portal so that you can monitor your development.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills credit cards and also line of credit. They are also able to pay off any remaining amount on business debts, collections, or repossessions.
They can even help negotiate with back taxes and IRS debt. However, you won’t get assistance with the majority of your lawsuits, loans from the government or collateral, as well as utility bills. The same goes for 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 will also help you identify debtors who are in violation in order to get cash settlements, if possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. You can also have questions answered during a free meeting with their debt counsellor.
The most appealing aspect of their program is that you will only be charged once your debt is settled. All you have to sign up to one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
With this program, you’ll be able to resolve various tax issues such as garnishments on wages, tax penalties, 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 only use flat-fee pricing, which depends on the amount you need to settle.
They offer different options in settling the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their forte however, they do not offer all kinds in debt resolution. CuraDebt is only focused on unsecured debt. They aren’t able to help you if the credit or loan is tied to an actual item.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any issues. Additionally, this service is available to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts that can help you resolve these kinds of problems.
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 owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card CuraDebt will help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. Only pay when you settle each of your debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay as much as 20 percent of the debt that you settled with them.
On average, this type of industry charges between 15 and 25 percentage.
In addition, customers can expect to settle their debt from two to four years. However, this also varies in relation to the amount you are able to save each month.
They also claim that you could save as much as 30% by incorporating their charges into your calculation.
But this claim will also depend on the situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. In addition they charge only an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you can also sign up for their credit repair program.
It’s a fantastic method to improve your credit without having to go back into debt. The program is however designed in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations of creditor using their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with your credit card. So if you’re trying to build a better 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. Although they have a client website but it’s aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on these kinds of services. In addition the 20% service charge is cheaper than most companies that offer the 25% cost. There is no upfront payment, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which would make it easier to monitor your performance.
However, they have a great support team and can be reached them, not only via emails but also via phone or making an electronic ticket. How Do You Structure Your Company For Profits And Tax Relief And Benefits
If the debt is a big problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs that they provide are offered in your state.
FAQ How Do You Structure Your Company For Profits And Tax Relief And Benefits
How long will it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt provides tax relief programs that will aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.