Are you experiencing debt that has been increasing lately? Are you exhausted from trying various financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their clients, they can help you control 80percent of your debts so that you are able to take few things off of your mind.
For some the claims seem too good to be true.
You might be looking 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 can help you solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before beginning the review, go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Hurricane Maria Volunteer Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. But they offer other services that will aid you in becoming more financially secure.
It all begins by requesting a free savings estimate on the internet. This service is very confidential and won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about your other options in your journey towards debt-free.
The savings estimate, which was mentioned earlier, provides you with an idea of your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration in the event that you decide to join. Some financial advisors can help you on your path to debt-free living.
After your debt settlement program, CuraDebt will be the agency to take care of all your creditor’s calls. They’ll be the ones who will determine what you will pay for your payment in accordance with the state of your finances. Based on what works best your situation, the payment could either be a lump sum settlement or a payment plan.
Additionally, they will work with lenders to help you enjoy better rates when you transfer money into your savings account, which in turn, will process to pay the creditors. Their programs can assist you to pay off the debt in 48 months.
Once you’ve signed up with them, they will give you access to your data 24/7. All you need to do is login to CuraDebts Client Portal to track your development.
Before you can benefit from the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards as well as line of credit. They are also able to pay off any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive assistance with the majority claims, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors so that you can have cash settlements, if possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to ask questions during their free consultation with their debt counselor.
The greatest benefit of the program is that you will only be charged once your debt is settled. All you have to sign up for some of their programs and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you should be able to solve different types of taxes such as wage garnishments as well as tax penalties for personal and corporate taxes and back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only use flat-fee pricing that is based on the amount you’ll must settle.
There are a variety of options when it comes to the settlement of taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although debt settlement is their specialty however, they do not offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your loan or debt is linked to an item that is physical.
If, however, you are in one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any issues. Moreover, this type of service is accessible to all 50 states in the event that you have a debt to the IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also help resolve your medical debt. In some instances, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students in negotiating any student loans that they owe.
Personal loans and payday 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 have obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, 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 don’t charge an upfront fee. Only pay when you’ve paid each of your outstanding debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll be required to pay up to 20 percent of the debt that you settled through them.
In general, this type of industry charges between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. But, it also differs according to the amount you can save up per month.
Additionally, they claim that you could save as much as 30% when you factor in their charges into your calculation.
However, the claim may vary, depending on your specific situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Additionally, they only charge an amount of 20%, while many companies charge 25 percent.
Then, if you’re done by the program for debt relief, you may also sign up for their credit repair program.
It’s a fantastic method to improve your credit score without going into debt again. The program is however designed differently for each person according to your personal situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any creditor violations with the help of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop paying with the credit card you use. Therefore, if you’re trying improve your rating on your credit, this could set you back while you’re getting rid of your obligations.
CureDebt does not have a mobile app available. While they do have a website that clients can access but it’s aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on these kinds of services. In addition their 20% service fee is cheaper than most businesses that charge a 25% fee. There is no upfront payment, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account to see your progress but their website isn’t simple to navigate. CuraDebt does not have an app that will make it easier to look at your performance.
However, they have a good support team that you can contact them not only through emails but also by phone or making an e-ticket. Hurricane Maria Volunteer Tax Relief
If problem of debt is an issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Hurricane Maria Volunteer Tax Relief
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt has a tax relief program that can aid you in dealing with problems such as delinquent payroll taxes and garnishments on wages.
What should I do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to pay down the amount of debt you have over time.