Are you experiencing debt that has been piling up lately? Are you exhausted from trying different financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they are able to help or help you get into more debt.
According to their customers, they can help you control 80percent of your debt so that you can finally take a couple of things off your shoulders.
But for some people the claims seem too good to be true.
You might be looking for any solution that could aid you in settling your debt. In that case, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, you can watch this video instead if you prefer 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 our article for a more comprehensive review.
About the Company Hurricane Irma Tax Relief Turbotax
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. They also provide other services that will assist you in becoming financially secure.
It all starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings, you will be able to learn more about the options towards debt-free.
This estimate of savings, as mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration if you decide to join. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt can be the company to take care of all the calls from your creditors. They will also be the ones who will negotiate conditions of the repayment depending on the condition of your finances. Depending on which works best to you, this can be a lump-sum settlement or a payment plan.
Furthermore they will work with creditors to ensure that you get better rates when you make deposits to your savings account. This, is then processed to pay back the creditors. Their programs can assist you to get rid of debt in just 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. These include personal loans, medical bills credit cards, and also line of credit. They are also able to settle any outstanding amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. But, you won’t receive support for most of your lawsuits, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors in order to get cash settlements, if possible. Certain violations could cause your debt to be also dismissed.
CuraDebt can also help you repay debt for less than the sum you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of the program is that you will only pay the fees when your debt is paid off. All you need to do is sign up with some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documentation, they will also collect all the documents you’ll require to file tax returns.
Through this program, you will be able to resolve different types of taxes like garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you’ll need to 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 abatements
- Currently non-collectible
What kind of debt can they help you with?
While debt settlement is their forte, they don’t provide all kinds of settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if your credit or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to pay taxes that are due without any problems. Moreover, this type of service is accessible to all 50 states in the event that you owe money towards the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling the medical bills. In some instances, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students with negotiating the student loans they have to pay.
Personal loans and payday loans also qualify for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you got 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.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you’ve paid each of your outstanding debts.
Additionally, they do not charge high charges either. 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 percentage.
Moreover, clients can expect to settle their debt from between 2 and 4 years. However, this also varies depending on the amount that you are able to save each month.
They also claim you can save as much as 30% by incorporating their fees in your equation.
But this claim will also depend on your specific situation. Some customers even claimed to save between 50% and 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25 percent.
Next, if you’re done by the program for debt relief, you may also sign up for their credit repair program.
It’s a fantastic way to restore the credit rating without having to go in debt again. The program is however designed differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also be looking into any violations by creditors using their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to stop paying with the credit card you use. Therefore, if you’re trying increase your credit score, it may delay you from working on your credit card debt.
CureDebt also doesn’t have a mobile app available. While they have a client website however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more for these types of services. Additionally their 20% service cost is cheaper than most businesses that charge a 25% fee. There is no upfront payment, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress, their website is not user-friendly. CuraDebt isn’t even an app that will make it easier to track your progression.
They do have a great support team and can be reached them not just via email but by phone or by sending an electronic ticket. Hurricane Irma Tax Relief Turbotax
If the debt is a big issue right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they offer are available in your state.
FAQ Hurricane Irma Tax Relief Turbotax
How long does it take to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as delinquent payroll tax and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to reduce the amount of debt you have over time.