Has your debt been piling up lately? Are you tired of trying various financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve already tried everything.
In most cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they can help you or put you into more debt.
According to their clients, they can help you manage 80percent of your debts so that you can finally take a couple of things off your shoulders.
For some they believe these claims are too good to be true.
You might be looking for something that will aid you in settling your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, watch this video instead if you prefer watching 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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Hurricane Relief Tax Credit Paychex
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a participant in 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, some states have imposed restrictions on 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 secure.
It all begins by requesting a free savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings, you will discover more about options to be debt-free.
This estimate of savings, as we’ve mentioned before, gives you an insight into your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the agency to handle all of the calls from your creditors. They’ll be the ones who will negotiate conditions of the settlement based on the status of your finances. Based on what works most effectively for you, it could be a lump-sum settlement or an installment plan.
Moreover they will also be working with the creditors to ensure that you enjoy better rates when you make deposits to your savings account. This in turn, will process to pay creditors. Their plans can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is log in 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 requirements:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards as well as lines of credit. You can also approach them to help settle any remaining amount on business debts and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if possible. Some violations can also lead to having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you have. You can also inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their plan is that you will only pay the fees once your debt is settled. All you have to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documentation They will also gather all the documents you’ll require to file tax returns.
With this program, you will be able to solve various tax issues like wage garnishments and tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing that is based on the amount that you’ll need to settle.
They have different solutions in the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their specialization, they don’t offer all kinds of settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if your credit or loan is tied to a physical item.
If you do have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Moreover, this type of service is accessible to all 50 states if you have a debt in arrears to IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve the medical bills. In certain cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students with negotiating the student loans they owe.
Personal and payday loans also qualify to be eligible for debt relief programs. You may also be eligible the program if you have other unsecure credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
They also don’t have high-cost charges either. On average, you’ll be required to pay as much as 20% of the debt you settled with them.
On average, this type of industry charges between 15 and 25 percentage.
Additionally, customers can anticipate to pay off their debts in between 2 and 4 years. However, this also varies according to the amount you are able to save each month.
They also claim that you can save as much as 30% by incorporating their charges into your calculation.
However, the claim may differ based on your specific situation. Some customers have even talked about saving 50% to 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Additionally, they only charge a 20% fee while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program, you may enroll in their credit restoration program.
It’s a fantastic method to improve the credit rating without going into debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any violations of creditor using their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with the credit card you use. So if you’re trying to improve your standing on credit scores, you may set you back while you’re finishing your debt.
CureDebt doesn’t even have a mobile app. Although they have a website that clients can access, it looks aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on those types of services. Additionally the 20% service cost is less expensive than the majority of businesses that charge an additional 25% charge. There is no upfront payment and you’ll only be required to pay once 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 that would make it easier to monitor your progression.
However, they 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 Tax Credit Paychex
If problem of debt is an issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they provide are in your state.
FAQ Hurricane Relief Tax Credit Paychex
How long will it take to finish the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt offers a program for tax relief to help you with problems like delinquent taxes and garnishments on wages.
What should I do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce the amount of debt you have over time.