Have your debts been increasing lately? Are you burnt out from trying different financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they can help you or put you in more debt.
According to their clients, they can help you manage 80percent of your debt , so you can finally take a couple of things off your plate.
But for some people, these claims are just too good to be true.
If you’re looking for anything that can aid you in settling your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper study of the way CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, watch this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company How Does The Affordable Care Act Provide Tax Relief
CuraDebt is a debt relief company from 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 accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that will help you be more financially secure.
The process starts by requesting a no-cost savings estimate online. The service is completely confidential and won’t be doing a credit check. With this savings estimate you’ll be able to discover more about options to debt-free.
Savings estimates, which was mentioned previously, offers you an idea of your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with credit arbitration in the event that you decide to join. Some financial advisors can help you in your debt-free journey.
After your debt settlement program, CuraDebt can be the agency to answer all of the calls from your creditors. They will also be the ones who will negotiate what you will pay for your payment based on the status of your financial situation. Depending on which works most effectively to you, this could be either a lump sum settlement or an installment plan.
Furthermore they will also work with creditors so that you can have better rates as you make deposits to your savings account, which in turn, will process to pay off creditors. Their plans can help you settle the debt within 48 months.
After you’ve registered with them, they will give you access to your data 24/7. All you need to do is login to CuraDebts the client portal to track your progress.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for the majority of types of debt. They can help with personal loans, medical bills credit cards and also lines of credit. You can also approach them to help settle any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating for back taxes and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can 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 the violations of creditors to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts removed as well.
CuraDebt lets you pay off debts with less than the amount you own. You can also ask questions during their free consultation with their debt advisor.
The greatest benefit of the program is that you only have to pay for the charges after your debt has been settled. All you need to do is sign up with any of the plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
By using this program, you will be able to resolve the various types of tax problems like wage garnishments, tax penalties, personal and taxation for business as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges either. They only use flat-fee pricing that is based on the amount that you’ll have to pay.
There are a variety of options in the settlement of the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
While debt settlement is their specialty however, they do not provide all kinds of settlement. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if the loan or debt is linked to a physical 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 pay off taxes that are due without any problems. Furthermore, this service is offered to all 50 states if you owe money to the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve your medical debt. In some instances you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students in negotiating any student loans that they are owed.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you settle each of your debts.
Also, they do not charge high fees as well. In the average, you’ll need to pay up to 20% of the debt you settled with them.
In general, this type of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. However, this also varies according to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% by incorporating their fees in your equation.
However, the claim may vary, depending on the situation. Some customers have even talked about saving between 50% and 80percent.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. Additionally they only charge a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief, you can also sign up for their credit restoration program.
It’s a great method to improve your credit score without having to go back into debt. The program is however designed different for every person according to your personal situation.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the assistance of their own experts.
The drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using . Therefore, if you’re trying increase your rating on your credit, this could delay you from finishing your obligations.
CureDebt also doesn’t offer a mobile application. Although they have a client website, it looks outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more for these types of services. In addition their 20% service charge is less expensive than the majority of firms that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
Although they’ll give you an account to see your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app, which could make it easier for you to monitor your progress.
They do have a competent support staff that you can contact them not just via email but by phone or by making an electronic ticket. How Does The Affordable Care Act Provide Tax Relief
If your credit card is a major problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs they offer are available in your state.
FAQ How Does The Affordable Care Act Provide Tax Relief
How long will it take to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that can aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.