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 you’ve been through every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their customers, they can assist you in managing 80percent of your debt , so you can 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 aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at how CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, you can check out this video instead for a more relaxing way for it to be watched.
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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Hurricane Maria Presidentially Declared Disaster Eligible For This Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. But they offer other services that can help you be more financially stable.
The process begins by requesting a free savings estimate online. It is a completely private service and they will not be doing a credit check. With this savings estimate, you will learn more about your alternatives to debt-free.
The savings estimate, as we’ve mentioned previously, offers you the opportunity to consider your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to join. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt is the agency to answer all of the calls from your creditors. They will also be the ones that negotiate what you will pay for your repayment in accordance with the state of your financial situation. Depending on which works most effectively to you, this can either be a lump sum settlement or an installment plan.
Additionally, they will be working with the creditors so that you can have better rates as you make deposits to your savings account. This is then processed to pay the creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you need to do is login to CuraDebts’ client portal so that you can monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans, credit cards as well as loans. They can also be approached to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you will not receive support for most of your lawsuits, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can 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 creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations may result in having your debts removed as well.
CuraDebt lets you repay debt for less than the amount you have. They also allow you to have questions answered during a free meeting with their debt advisor.
The greatest benefit of their program is that you only have to pay for the charges 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 settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial records They will also gather all the documents you’ll require to file tax returns.
By using this program, you will be able to resolve various tax issues such as wage garnishments and tax penalties, personal and taxation for business as well as back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They only offer flat-fee prices, which depends on the amount you need to settle.
They offer different options for the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
While debt settlement is their forte however, they do not cater to all types in debt resolution. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if the debt or loan is tied to a physical item.
If you do have one of 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 problems. Furthermore, this service is offered to all 50 states in the event that you owe money towards the IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students negotiate any loans they have to pay.
Personal and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible 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 as well as traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they don’t have high-cost 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 industry charges between 15% and 25 percentage.
Moreover, clients can expect to settle their debts within two to four years. But, it also differs depending on the amount that you can save up per month.
Additionally, they claim that you can save up to 30% when you factor in their fees in your equation.
However, the claim may vary, depending on your situation. Some customers have even talked about saving 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. In addition they charge only a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you may also sign up for their credit repair program.
It’s a fantastic option to rebuild the credit rating without going into debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the help of their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. So if you’re trying to increase your credit score, it could cause you to delay finishing your debt.
CureDebt also doesn’t offer a mobile application. While they have a website that clients can access however, it appears outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not credited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more for these types of services. Moreover, their 20% service cost is lower than many firms that charge an additional 25% charge. There are no upfront payments, 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, their website is not user-friendly. CuraDebt also doesn’t have an app yet, which would make it easier to look at your progression.
They do have a great support team and can be reached them not only through emails but also by phone or sending an e-ticket. Hurricane Maria Presidentially Declared Disaster Eligible For This Tax Relief
If the debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Hurricane Maria Presidentially Declared Disaster Eligible For This Tax Relief
How long will it take to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt offers a program for tax relief to help you with problems such as delinquent payroll tax issues and garnishments of wages.
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 make the necessary payments to lower the amount of debt you have over time.