Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because been through every thing.
In most cases, the best way is to approach professionals that 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 assist you or put you into more debt.
According to their clients, they can help you control 80percent of your debt so that you are able to take couple of things off your plate.
But for some 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. In that scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper study of how CuraDebt works and what problems it can help you solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, watch this video instead in case you would prefer 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 will want to read the rest of the article for a more comprehensive review.
About the Company Income Tax Relief Ny State
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active 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 imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. However, they also offer additional services to assist you in becoming financially secure.
First of all, it begins by requesting a free savings estimate online. This service is very confidential and won’t be doing a credit check. By using this estimate of savings, you will learn more about your alternatives towards debt-free.
The savings estimate, as we’ve mentioned previously, offers you an insight into your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program, CuraDebt will be the agency to take care of all the calls from your creditors. They will also be the ones that negotiate what you will pay for your payment in accordance with the state of your financial situation. Based on what works most effectively for you, it can be either a lump sum settlement or the option of a payment plan.
Additionally, they will be working with the creditors to ensure that you have better rates as you deposit money to your savings account. This in turn, will process to pay back the creditors. Their programs can assist you to settle the debt within two years.
After you’ve registered with them, they will provide you with access to your information 24/7. All you need to do is sign in to CuraDebts Client Portal to monitor your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills, credit cards as well as line of credit. You can also approach them to settle any outstanding balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating for back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you have. Additionally, you can ask questions during their free consultation with their debt counsellor.
The best part about their program is that you’ll only pay the fees once your debt is settled. All you need to do is sign up with any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial records, they will also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to resolve the various types of tax problems such as garnishments on wages, tax penalties, personal and taxation for business, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs also. They only use flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options for paying off taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to offer all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They aren’t able to assist you if your credit or loan is tied to an item that is physical.
If you do have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay tax debts that were due to be paid without difficulty. Additionally, this service is offered to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts to assist you with the issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students with negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you settle each of your debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled with them.
On average, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to pay off their debts in between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
Also, they claim that you could save as much as 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on your specific situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only 20% of the cost, whereas the majority of companies charge 25%.
If you’re finished by the program for debt relief you could enroll in their credit repair program.
It’s an excellent method to improve the credit rating without going into debt again. However, the program lasts differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also investigate any violations by creditors with the help of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using your credit card. If you’re trying to improve your standing on credit scores, you might delay you from finishing your credit card debt.
CureDebt does not have a mobile app available. Although they have a client website however, it appears outdated and basic. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not accredited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on these kinds of services. Additionally their 20% service fee is lower than many businesses that charge a 25% fee. There are no upfront payments, and you will only be required to pay once the debt is settled.
Although they’ll give you an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app yet, which would make it easier to track your performance.
But, they do have a great support team, and you can reach them, not only via emails but also via phone or making an e-ticket. Income Tax Relief Ny State
If debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they provide are in your state.
FAQ Income Tax Relief Ny State
What is the time frame to finish the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that can aid you in dealing with problems like delinquent taxes and garnishments of wages.
What should I do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down the amount of debt you have over time.