Have your debts increased lately? Are you burnt out from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In most cases, the best option is to speak with professionals that can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they are able to help or help you get into more debt.
According to their clients they can help you control 80percent of your debt , so you can take couple of w
orries off your plate.
However, for certain 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. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at the way CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, go to this video if you prefer to watch 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 our article for a more comprehensive review of CuraDebt.
About the Company Hurricane Relief Donation Tax
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through 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 CuraDebt’s most popular feature. But they offer other services that can help you be more financially stable.
It all begins with requesting a free online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. With this savings estimate you’ll learn more about your alternatives to be debt-free.
Savings estimates, which was mentioned earlier, provides you with an idea of your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with the process of credit arbitration should you choose to join. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program, CuraDebt is the one to answer all of your creditor’s calls. They’ll be the ones who will determine conditions of the settlement depending on the condition of your finances. Based on what works most effectively your situation, the payment could be a lump-sum settlement or a payment plan.
Furthermore they will also work with creditors so that you can enjoy better rates when you make deposits to your savings account, which in turn, will process to pay off the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal to monitor your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with your debt. They can negotiate settlements on behalf of you for the majority of types of debt. They can help with personal loans, medical bills, credit cards and line of credit. They are also able to settle any outstanding balance of business debt, collections, or repossessions.
They can even help negotiate on tax owed as well as IRS debt. But, you won’t receive assistance with the majority of your lawsuits, government loans as well as collateral and utility bills. Also, they don’t cover the majority of 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 will also help you identify debtors who are in violation to ensure that you receive cash settlements, should it be possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you settle debt with less than the amount you have. You can also ask questions during their free meeting with their debt advisor.
The most appealing aspect of their plan is that you will only have to pay for the charges when your debt is paid off. All you have to do is sign up with one of their plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you should be able to resolve different types of taxes like garnishments on wages 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 charges also. They only offer flat-fee prices that is based on the amount you’ll have to pay.
There are a variety of options when it comes to 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 types of debt can they assist you with?
While debt settlement is their specialty but they aren’t able to offer all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They can’t help you if your credit or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off taxes that are due without any problems. Furthermore, this service is offered to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling the medical bills. In some instances you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students negotiate the student loans they owe.
Payday loans and personal loans are also eligible for the debt settlement program. You may also be eligible if you have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your outstanding debts.
They also don’t charge high fees as well. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percent.
Moreover, clients can expect to settle their debts within 2 to 4 years. However, this also varies according to the amount you are able to save each month.
Also, they claim you can save up to 30% when you factor in their charges into your calculation.
But this claim will also vary, depending on your specific situation. Some clients even mentioned saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Additionally they only charge a 20% fee while many companies charge 25 percent.
Next, if you’re done with the debt settlement program, you can also sign up for their credit restoration program.
It’s an excellent option to rebuild your credit score without going into debt again. The program is however designed different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any violations by creditors using their own experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using your credit card. So if you’re trying to increase your credit score, it could set you back while you’re getting rid of your credit card debt.
CureDebt also doesn’t have a mobile app available. Although they have a client website, it looks aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more on these kinds of services. Moreover their 20% service cost is cheaper than most firms 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.
While they’ll provide you with an account so that you can track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app, which could make it easier for you to look at your progression.
They do have a good support team and can be reached them, not only via emails but also via phone or making an electronic ticket. Hurricane Relief Donation Tax
If the problem of debt is an problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the programs they offer are available in your state.
FAQ Hurricane Relief Donation Tax
How long does it take to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt has a tax relief program to assist you with issues such as delinquent payroll tax issues and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down your debt over time.