Has your debt been increasing lately? Are you exhausted from trying various financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can assist you or put you into more debt.
According to their customers, they can help you manage the majority of your debt , so you can take few things off of your plate.
However, for certain people, these claims are just too good to be true.
You might be looking for something that will aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be recommended 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, we’ll also look into its benefits and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way 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’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company How Does The Disaster Tax Relief Benefit Low Income Tax Refunds
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been a participant in 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, certain states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most popular feature. However, they also offer other services that can assist you in becoming financially stable.
It all begins with requesting a free savings estimate online. The service is completely confidential and won’t conduct a credit inquiry. By using this estimate of savings you’ll discover more about alternatives to debt-free.
This estimate of savings, as mentioned before, gives you an insight into 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 in navigating credit arbitration if you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program, CuraDebt will be the agency to answer all of your creditor’s calls. They’ll be the ones who determine conditions of the payment based on the status of your financial situation. Based on what works best for you, it could either be a lump sum settlement or an installment plan.
Moreover they will be working with creditors so that you can have better rates as you transfer money into your savings account, which is then processed to pay back the creditors. Their programs can assist you to settle the debt within two years.
After you’ve registered with them, they will give you access to your account information 24 hours a day. All you have to do is login to CuraDebts Client Portal to track your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans credit cards and lines of credit. They are also able to pay off any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating for back taxes and IRS debt. But, you won’t receive support for most cases, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as those of the 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, should it be possible. Certain violations may result in having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the amount you have. You can also inquire about your debt during their no-cost meeting with their debt advisor.
The greatest benefit of their program is that you’ll only pay the fees once your debt is settled. All you need to sign up to one of their plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation They will also gather all the documents you’ll require for tax returns.
By using this program, you should be able to resolve various tax issues such as wage garnishments and tax penalties, personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you’ll need to settle.
They have different solutions when it comes to settling taxes. Here are six 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?
While debt settlement is their forte however, they do not offer all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if your debt or loan is tied to a physical item.
If, however, you are in the following types 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. Furthermore, this service is offered across all 50 states, if you have a debt to the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also assist in settling any medical-related debt. In certain cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students with negotiating any student loans that they owe.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will help you pay it off.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you have paid off all 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.
In the average, this kind of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
They also claim you can save up to 30% if you include their charges into your calculation.
But this claim will also vary, depending on the situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. In addition, they only charge an amount of 20%, while the majority of companies charge 25%.
If you’re finished with the debt settlement program, you could join their credit repair program.
It’s a fantastic way to restore your credit score without having to go into debt again. However, the program lasts in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any creditor violations using their in-house experts.
The drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using . So if you’re trying to build a better standing on credit scores, you may cause you to delay finishing your credit card debt.
CureDebt also doesn’t have a mobile app. While they have a website that clients can access however, it appears aged and simple. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on those types of services. In addition the 20% service fee is less expensive than the majority of businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once 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 does not have an app, which could make it easier for you to monitor your performance.
But, they do have a great support team and can be reached them, not only via emails but also via phone or submitting an e-ticket. How Does The Disaster Tax Relief Benefit Low Income Tax Refunds
If the problem of debt is an problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they provide are in your state.
FAQ How Does The Disaster Tax Relief Benefit Low Income Tax Refunds
How long does it take to complete the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt has a tax relief program that can help you with problems such as delinquent payroll tax issues and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower the amount of debt you have over time.