Have your debts increased lately? Are you tired of trying other financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they can help you or put you into more debt.
According to their clients they can help you control the majority of your debts so that you can take few things off of your mind.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. If that’s the case, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of the way CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, you can go to this video for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to check out 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.
About the Company In 2021 President George W Bush Signed The Economic Growth And Tax Relief Reconciliation
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active 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 it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. However, they also offer other services that can help you be more financially stable.
The process begins with requesting a free savings estimate on the internet. It is a completely private service and they will not be conducting a credit screening. By using this estimate of savings, you will learn more about your other options in your journey to be debt-free.
Savings estimates, as mentioned previously, offers you an insight into your options regardless of whether or not you’re planning on 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 sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the agency to handle all of the calls from your creditors. They’ll also be the ones who will negotiate conditions of the settlement in accordance with the state of your finances. In determining which option is the best 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 have better rates as you make deposits to your savings account. This, is then processed to pay back creditors. Their programs can assist you to get rid of debt in just 48 months.
After you’ve signed up with them, they will allow you access to your data 24/7. All you have to do is log in to CuraDebts’ client portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on your behalf for all kinds of debt. This includes medical bills, personal loans credit cards and loans. You can also approach them to help settle any remaining balance of business debt collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like that of 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 so that you can have cash settlements, if possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you have. You can also ask questions during their free consultation with their debt counsellor.
The best part about the program is that you’ll only have to pay for the charges after your debt has been settled. All you have to sign up for one of their plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial records They will also gather all the necessary paperwork to file tax returns.
Through this program, you should be able to solve different types of taxes such as wage garnishments, tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices that is based on the amount you’ll must settle.
There are a variety of options for paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their specialization but they aren’t able to offer all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if your loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without any problems. Furthermore, this service is available across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling the medical bills. In some instances you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students in negotiating any loans they are owed.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you settle each of your outstanding debts.
Also, they don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere from 15% to 25 percent.
Moreover, clients can expect to pay off their debts in 2 to 4 years. However, this also varies according to the amount you can save up per month.
Additionally, they claim you can save as much as 30% when you factor in their fees in your equation.
However, this statement will vary, depending on the situation. Some customers have even talked about saving between 50% and 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done with the debt settlement program, you can also sign up for their credit restoration program.
It’s a great option to rebuild your credit without going in debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any creditor violations using their in-house experts.
The drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with the credit card you use. Therefore, if you’re trying improve your standing on credit scores, you might delay you from getting rid of your debt.
CureDebt doesn’t even offer a mobile application. While they do have a client website however, it appears outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. In addition the 20% service cost is less expensive than the majority of firms that charge an additional 25% charge. There is no upfront payment 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 simple to navigate. CuraDebt does not have an app yet, which could make it easier for you to monitor your progress.
But, they do have a great support team, and you can reach them not only through emails but by phone or by making an electronic ticket. In 2021 President George W Bush Signed The Economic Growth And Tax Relief Reconciliation
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they provide are in your state.
FAQ In 2021 President George W Bush Signed The Economic Growth And Tax Relief Reconciliation
How long does it take to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt has a tax relief program to aid you in dealing with problems like delinquent taxes and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.