Have your debts been increasing lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they can assist you or put you in more debt.
According to their clients they can help you control the majority of your debt , so you are able to take couple of w
orries off your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, watch this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company How To Know If Your Getting A Tax Relief Check
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide other services that will aid you in becoming more financially stable.
First of all, it begins with requesting a free online savings estimate. It is a completely private service and they will not be conducting a credit screening. By using this estimate of savings, you will be able to learn more about the options to be debt-free.
This estimate of savings, which was mentioned before, gives you an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the company to handle all of your creditors’ calls. They’ll also be the ones who will determine what you will pay for your settlement in accordance with the state of your financial situation. Based on what works most effectively to you, this can be either a lump sum settlement or the option of a payment plan.
Furthermore, they will work with lenders to help you enjoy better rates when you transfer money into your savings account. This is then processed to pay creditors. The plans they offer can help you settle the debt within the period of 48 months.
After you’ve registered with them, they will allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts’ client portal to monitor your progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on your behalf for all kinds of debt. This includes personal loans, medical bills credit cards, and lines of credit. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you will not receive assistance with the majority claims, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will 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 to ensure that you receive cash settlements, if they are possible. Some violations can also cause your debt to be also dismissed.
CuraDebt lets you repay debt for less than the amount you have. You can also inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their plan is that you only be charged once your debt is settled. All you need to do is sign up with some of their programs, and you’ll have the ability to settle each of 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 documents you’ll require to file tax returns.
Through this program, you should be able to deal with various tax issues like wage garnishments, tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll need to settle.
They offer different options for settling taxes. 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 are they able to help with?
Although debt settlement is their specialty but they aren’t able to offer all kinds in debt resolution. CuraDebt concentrates on loans that are not secured. They can’t assist you if your loan or debt is linked to an actual item.
If, however, you are in one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle taxes that are due without any issues. Furthermore, this service is offered to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also assist in settling the medical bills. In certain cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students negotiate any student loans that they have to pay.
Payday loans and personal loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
Whether you have debt with 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’s pricing is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
They also don’t charge high charges either. On average, you’ll have to pay between 20 and 20% of the debt you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to settle their debt from two to four years. But, it also differs in relation to the amount you save per month.
Additionally, they claim you can save up to 30% by incorporating their charges into your calculation.
However, this statement will depend on your specific situation. Some customers have even talked about saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition, they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you can enroll in their credit repair program.
It’s a great way to restore the credit rating without having to go back into debt. However, the program lasts different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any creditor violations with the assistance of their own experts.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with your credit card. If you’re trying to build a better credit score, it may cause you to delay getting rid of your credit card debt.
CureDebt also doesn’t have a mobile app. While they do have a client website, it looks outdated and basic. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on those types of services. Additionally their 20% service fee is less expensive than the majority of firms 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 so that you can track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app, which will make it easier to look at your progression.
They do have a good support team and can be reached them not just via email but also by phone or sending an e-ticket. How To Know If Your Getting A Tax Relief Check
If debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they provide are in your state.
FAQ How To Know If Your Getting A Tax Relief Check
How long will it take to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt has a tax relief program that will aid you in dealing with problems such as delinquent payroll taxes and garnishments on wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down your debt over time.