Has your debt increased lately? Are you exhausted from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your best option is to speak with professionals that can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can help you or put you into more debt.
According to their customers, they can help you manage the majority of your debts so that you can finally take a couple of w
orries off your mind.
But for some people, these claims are just too good to be true.
You might be looking for any solution that could assist you in paying off your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper review of the way CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before you begin the review, go to this video 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Hurricane Harvey Tax Relief For Taxpayrs
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. But they offer other services that will help you be more financially stable.
It all begins with requesting a free online savings estimate. The service is completely confidential and they will not be doing a credit check. With this estimate of savings, you will be able to learn more about the other options in your journey to debt-free.
Savings estimates, which was mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration if you decide to enroll. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement plan, CuraDebt is the agency to answer all of your creditors’ calls. They will be the ones who determine what you will pay for your repayment based on the status of your finances. Based on what works best to you, this could either be a lump sum settlement or a payment plan.
Furthermore, they will be working with lenders to help you get better rates when you deposit money to your savings account. This, in turn, will process to pay back the creditors. Their programs can assist you to pay off the debt in the period of 48 months.
Once you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts Client Portal to monitor your development.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for all kinds of debt. They can help with medical bills, personal loans credit cards, and loans. They can also be approached to pay off any remaining balance of business debt and collections or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not receive assistance with the majority cases, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, should it be possible. Some violations can also lead to having your debts removed as well.
CuraDebt lets you repay debt for less than the sum you have. You can also inquire about your debt during their no-cost meeting with their debt advisor.
The best part about their program is that you will only be charged once your debt is settled. All you have to do is sign up with one of their plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents, they will also collect all the documents you’ll require to file tax returns.
With this program, you should be able to deal with different types of taxes such as garnishments on wages, tax penalties, personal and taxation for business, back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing, which depends on the amount you’ll need to settle.
There are a variety of options when it comes to settling your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their forte but they aren’t able to cater to all types in debt resolution. CuraDebt only focuses on unsecured debt. They can’t help you if your credit or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Additionally, this service is accessible to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases, you may even pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate the student loans they are owed.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
What is the 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 settle each of your outstanding debts.
Additionally, they do not charge high costs either. On average, you’ll be required to pay as much as 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere between 15 and 25%.
In addition, customers can expect to pay off their debts in between 2 and 4 years. However, this also varies in relation to the amount you save per month.
Additionally, they claim that you could save up to 30% when you factor in their fees in your equation.
But this claim will also differ based on your 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 offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. Additionally they charge only 20% of the cost, whereas many companies charge 25 percent.
If you’re finished with the debt settlement program you may also sign up for their credit restoration program.
It’s a great option to rebuild the credit rating without having to go into debt again. However, the program lasts differently for each person, depending on your situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the help of their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . So if you’re trying to increase your credit score, it might cause you to delay working on your obligations.
CureDebt also doesn’t offer a mobile application. While they have a website that clients can access, it looks aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. Additionally their 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which will make it easier to look at your performance.
But, they do have a competent support staff, and you can reach them not just via email but also by phone or sending an e-ticket. Hurricane Harvey Tax Relief For Taxpayrs
If problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Hurricane Harvey Tax Relief For Taxpayrs
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt offers a program for tax relief that can assist you with issues such as delinquent payroll tax issues and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and pay the required payments to pay down your debt over time.