Are you experiencing debt that has been increasing lately? Are you exhausted from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In most cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can help you or put you into more debt.
According to their clients they can help you control 80% of your debts so that you can finally take a couple of w
orries off your mind.
For some, these claims are just too good to be true.
If you’re looking for something that will help you resolve your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt operates and what issues it could help solve.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before starting the review, you can go to this video in case you would 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 our article for a more comprehensive review.
About the Company How To File Ny Properyy Tax Relief Income
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active 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, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. However, they also offer other services that will assist you in becoming financially stable.
The process begins with requesting a free online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. By using this estimate of savings you’ll discover more about options to debt-free.
The savings estimate, which was mentioned before, gives you an idea of your choices regardless of whether you’re planning to continue 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. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the company to answer all of your creditors’ calls. They will be the ones who will negotiate the terms of your settlement in accordance with the state of your finances. Depending on which works best your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Furthermore, they will be working with lenders to help you enjoy better rates when you deposit money to your savings account. This, is then processed to pay back creditors. Their plans can help you settle the debt within two years.
After you’ve registered with them, they will give you 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. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can 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 and line of credit. They can also be approached to settle any outstanding balance of business debt and collections or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive assistance for 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 that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if 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. Additionally, you can ask questions during their free meeting with their debt advisor.
The best part about the program is that you only have to pay for the charges after your debt has been settled. All you have to sign up to any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require to file tax returns.
Through this program, you should be able to resolve different types of taxes like wage garnishments as well as tax penalties for personal and taxation for business, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing, which depends on the amount you must settle.
There are a variety of options when it comes to paying off the tax debt. Here are 6 options:
- 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?
Although they specialize in debt settlement, it is not their specialization, they don’t cater to all types of settlement. CuraDebt only focuses on loans that are not secured. They aren’t able to help you if the credit or loan is tied to an item that is physical.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without difficulty. Furthermore, this service is accessible to all 50 states in the event that you have a debt to the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students negotiate any loans they have to pay.
Personal and payday loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they don’t charge high charges either. On average, you’ll have to pay up to 20% of the debt you settled with them.
On average, this type of industry charges between 15 and 25 percent.
In addition, customers can expect to settle their debt from between 2 and 4 years. However, this also varies according to the amount you can save up per month.
Additionally, they claim that you could save up to 30% if you include their charges into your calculation.
But this claim will also differ based on your specific situation. Some customers have even talked about saving 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. Additionally they charge only a 20% fee while most companies charge you 25%.
Next, if you’re done with the debt settlement program you could enroll in their credit restoration program.
It’s an excellent option to rebuild the credit rating without having to go back into debt. However, the program lasts different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any creditor violations using their own experts.
Drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using the credit card you use. Therefore, if you’re trying increase your rating on your credit, this may cause you to delay working on your debt.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access, it looks outdated and basic. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more for these types of services. In addition the 20% service cost is less expensive than the majority of firms that charge a 25% fee. There is no upfront payment and you’ll 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 but their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which could make it easier for you to monitor your progression.
They do have a great support team that you can contact them not just via email but by phone or by making an electronic ticket. How To File Ny Properyy Tax Relief Income
If your credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ How To File Ny Properyy Tax Relief Income
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt aid 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 and garnishments on wages.
What should I do after joining the program?
You’ll be required to communicate with the team and make the necessary payments to pay down your debt over time.