Have your debts been piling up lately? Are you tired of trying other financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best way is to approach experts who can assist you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they can assist you or help you get into more debt.
According to their customers, they can assist you in managing the majority of your debt so that you can take couple of w
orries off your mind.
But for some people, these claims are just too good to be true.
If you’re looking for anything that can aid you in settling your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, you can watch this video instead for a more relaxing way 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 overview. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Hurricane Victims Disaster Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. But they offer additional services to help you be more financially stable.
The process starts by requesting a no-cost savings estimate online. It is a completely private service and they will not conduct a credit inquiry. By using this estimate of savings, you will learn more about your alternatives towards debt-free.
Savings estimates, as mentioned earlier, provides you with an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor 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, CuraDebt will be the company to answer all of your creditor’s calls. They will be the ones who negotiate the terms of your payment in accordance with the state of your finances. Depending on which works best to you, this can be either a lump sum settlement or the option of a payment plan.
Additionally they will also be working with creditors so that you can have better rates as you transfer money into your savings account. This in turn, will process to pay off the creditors. Their programs can assist you to settle the debt within the period of 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is login to CuraDebts’ client portal to track your performance.
Before you can avail of their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Have a verifiable 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 most types of debt. This includes personal loans, medical bills credit cards and also lines of credit. You can also approach them to pay off any remaining amount on business debts and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, should it be possible. Certain violations may lead to having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt advisor.
The best part about their program is that you only be charged when your debt is paid off. All you have to sign up to any of the plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documents and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you will be able to solve various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees either. They only use flat-fee pricing that is based on the amount that you’ll need to settle.
They offer different options for settling your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt are they able to help with?
While debt settlement is their specialty however, they do not offer all kinds of debt settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if your loan or debt is linked to an item that is physical.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without any issues. Furthermore, this service is accessible to all 50 states if you owe money in arrears to IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt will also help you resolve the medical bills. In some instances you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students negotiate any loans they are owed.
Personal and payday loans also qualify as debt-settling programs. You can also avail if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards, CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your debts.
Additionally, they don’t charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt that you settled through them.
On average, this type of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to pay off their debts in two to four years. However, this also varies depending on the amount that you save per month.
Additionally, they claim you can save up to 30% when you factor in their fees in your equation.
However, the claim may vary, depending on your specific situation. Some customers even claimed to save 50 to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. In addition they only charge 20% of the cost, whereas most companies charge you 25 percent.
Then, if you’re done in the process of debt resolution you may enroll in their credit restoration program.
It’s an excellent method to improve the credit rating without having to go back into debt. However, the program runs different for every person according to your personal situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any violations of creditor using their own experts.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with . If you’re trying to build a better rating on your credit, this may delay you from working on your credit card debt.
CureDebt does not offer a mobile application. Although they have a website that clients can access but it’s outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on these kinds of services. Additionally the 20% service cost is less expensive than the majority of companies that offer an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay when your debt is finally settled.
While they’ll provide you with an account to see your progress however, their website isn’t easy to navigate. CuraDebt does not have an app, which will make it easier to track your progression.
But, they do have a good support team, and you can reach them not just via email but by phone or by sending an e-ticket. Hurricane Victims Disaster Tax Relief
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Hurricane Victims Disaster Tax Relief
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems such as late payroll tax and wage garnishments.
What do I need to do after joining 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.