Has your debt increased lately? Are you tired of trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because tried every thing.
In most cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they are able to help or help you get into more debt.
According to their clients, they can assist you in managing 80percent of your debt , so 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 anything that can help you resolve your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
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’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Income Tax Relief New York City
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is 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, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. But they offer additional services to assist you in becoming financially secure.
First of all, it begins with requesting a free online savings estimate. The service is completely confidential and they will not be doing a credit check. With this savings estimate you’ll learn more about your alternatives towards debt-free.
Savings estimates, which was mentioned earlier, provides you with an insight into your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration if you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following the debt settlement plan, CuraDebt is the company to take care of all your creditor’s calls. They’ll also be the ones that will negotiate conditions of the repayment in accordance with the state of your financial situation. In determining which option is the most effectively to you, this can be a lump-sum settlement or a payment plan.
Furthermore they will work with creditors to ensure that you get better rates when you make deposits to your savings account, which in turn, will be processed to pay back creditors. Their plans can help you pay off the debt in two years.
After you’ve signed up with them, they will give you access to your data 24/7. All you have to do is log in to CuraDebts the client portal to monitor your progress.
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CuraDebt’s Requirements
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 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 aid you.
Debt Relief
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans, credit cards as well as line of credit. You can also approach them to pay off any remaining balance of business debt and collections or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get support for most of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, if possible. Certain violations could result in having your debts dismissed as well.
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 meeting with their debt advisor.
The most appealing aspect of their program is that you only have to pay for the charges after your debt has been settled. All you need to do is sign up with any of the plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
With this program, you should be able to deal with the various types of tax problems like wage garnishments as well as tax penalties for personal and taxation for business, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
There are a variety of options when it comes to the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to provide all kinds of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t assist you if your credit or loan is tied to a physical item.
However, if you have the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt, you should be able to settle taxes that are due without any issues. Furthermore, this service is accessible to all 50 states if you owe money to the IRS. There are federal tax experts who can assist you in resolving these types of issues.
Medical Debt
CuraDebt can also assist in settling any medical-related debt. In some cases, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students negotiate any loans they owe.
Personal Loan
Personal and payday loans also qualify as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as 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. Only pay when you’ve paid each of your debts.
Also, they don’t charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15% and 25 percentage.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies according to the amount you save per month.
Also, they claim you can save up to 30% if you include their fees in your equation.
However, the claim may depend on the situation. Some clients even mentioned saving 50 to up to 80%.
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Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s look into the advantages 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.
Then, if you’re done with the debt settlement program, you can also sign up for their credit restoration program.
It’s a great method to improve your credit without having to go in debt again. However, the program runs in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations by creditors with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with . So if you’re trying to improve your credit score, it may delay you from getting rid of your obligations.
CureDebt does not offer a mobile application. Although they have a website that clients can access, it looks old and mundane. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. Additionally, their 20% service fee is cheaper than most companies that offer an additional 25% charge. There is no upfront payment and you’ll only have to pay the fee when the debt is settled.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt does not have an app, which would make it easier to track your performance.
They do have a great support team, and you can reach them, not only via emails but also by phone or making an electronic ticket. Income Tax Relief New York City
If your debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services they provide are in your state.
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FAQ Income Tax Relief New York City
What is the time frame to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt provides tax relief programs that will help you with problems such as late payroll tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.