Are you experiencing debt that has been increasing lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, your best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their customers, they can assist you in managing 80percent of your debt so that you are able to take few things off of your mind.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before starting the review, you can watch this video instead if you prefer for it to be watched.
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 overview. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company How To Claim Eis Loss Relief On Tax Return
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. However, they also offer other services that will help you be more financially stable.
The process begins by requesting a free savings estimate on the internet. It is a completely private service, and they won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about your options to debt-free.
This estimate of savings, as mentioned before, gives you the opportunity to consider your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt is the company to handle all of the calls from your creditors. They’ll also be the ones who determine conditions of the payment depending on the condition of your financial situation. In determining which option is the best for you, it could either be a lump sum settlement or an installment plan.
Furthermore they will also be working with creditors to ensure that you have better rates as you make deposits to your savings account, which is then processed to pay the creditors. Their programs can assist you to pay off the debt in 48 months.
After you’ve signed up with them, they will give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills, credit cards and lines of credit. They are also able to pay off any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can 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 they are possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can ask questions during their free consultation with their debt counselor.
The best part about the program is that you only have to pay for the charges when your debt is paid off. All you have to sign up to some of their programs, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial records They will also gather all the necessary paperwork for tax returns.
Through this program, you will be able to resolve the various types of tax problems like garnishments on wages, tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you must settle.
They offer different options for paying off your tax debt. 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 are they able to help with?
Although debt settlement is their specialization however, they do not cater to all types of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if the debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able to settle taxes that are due without any issues. Furthermore, this service is accessible to all 50 states if you have a debt towards the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also help resolve the medical bills. In some instances, you may even pay them less than the amount you are owed.
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 are owed.
Personal and payday loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
They also don’t charge high costs either. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In the average, this kind of industry can charge anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debt from two to four years. This varies according to the amount you are able to save each month.
They also claim that you can save as much as 30% by incorporating their costs into your calculations.
However, the claim may vary, depending on your situation. Some customers have even talked about saving 50 to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Furthermore, they only charge 20% of the cost, whereas many companies charge 25 percent.
Next, if you’re done in the process of debt resolution you may also sign up for their credit restoration program.
It’s a great way to restore your credit without going in debt again. However, the program runs differently for each person according to your personal situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also look into any violations of creditor with the assistance of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with the credit card you use. If you’re trying to improve your standing on credit scores, you could cause you to delay finishing your credit card debt.
CureDebt also doesn’t have a mobile app available. While they have a website for clients however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more on these kinds of services. Additionally the 20% service fee is cheaper than most businesses that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay when your debt is finally settled.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which would make it easier to look at your progress.
But, they do have a competent support staff that you can contact them not only through emails but also by phone or submitting an e-ticket. How To Claim Eis Loss Relief On Tax Return
If debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs they provide are in your state.
FAQ How To Claim Eis Loss Relief On Tax Return
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 the stipulated settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt provides tax relief programs to aid you in dealing with problems like delinquent tax and garnishments of wages.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down the amount of debt you have over time.