Have your debts been increasing lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. A lot of customers have asked if they are able to help or put you into more debt.
According to their clients, they can help you manage 80% of your debt , so you can finally take a couple of w
orries off your mind.
But for some people, these claims are just too good to be true.
You might be looking for something that will assist you in paying off your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it can help you solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
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 go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Income Tax Relief To Political Funding: Key Highlights Of Budget 2021
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer other services that will help you be more financially secure.
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’ll be able to discover more about options towards debt-free.
The savings estimate, as we’ve mentioned previously, offers you an idea of your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with credit arbitration if you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the one to handle all of your creditor’s calls. They’ll also be the ones who will determine conditions of the repayment based on the status 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 so that you can get better rates when you transfer money into your savings account. This, in turn, will process to pay back the creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts the 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. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with personal loans, medical bills credit cards and also line of credit. They are also able to help settle any remaining amount on business debts, collections, or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, loans from the government, collateral, and 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 also help you find creditor violations in order to get cash settlements, if possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt also allows you to repay debt for less than the sum you have. You can also ask questions during their free consult with their debt counsellor.
The greatest benefit of their program is that you’ll only be charged after your debt has been settled. All you have to sign up for some of their programs, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial records, they will also collect all the necessary paperwork for tax returns.
By using this program, you should be able to resolve various tax issues like wage garnishments as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
There are a variety of options for settling the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their specialization, they don’t provide all kinds of 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 actual item.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without any problems. Furthermore, this service is accessible to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve your medical debt. In some cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students with negotiating any loans they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You may also be eligible the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you’ve paid each of your debts.
They also don’t have high-cost fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percentage.
In addition, customers can expect to settle their debt from between 2 and 4 years. This varies according to the amount you save per month.
They also claim that you can save up to 30% if you include their costs into your calculations.
However, the claim may vary, depending on your specific situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas many companies charge 25 percent.
If you’re finished by the program for debt relief, you may also sign up for their credit repair program.
It’s an excellent way to restore your credit without having to go into debt again. However, the program runs different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any creditor violations using their own experts.
The drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with the credit card you use. If you’re trying to increase your credit score, it could delay you from getting rid of your obligations.
CureDebt does not have a mobile app available. While they have a website for clients but it’s old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on those types of services. Moreover their 20% service fee is cheaper than most businesses that charge the 25% cost. There is no upfront payment and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account so that you can track your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app yet, which would make it easier to monitor your performance.
But, they do have a good support team and can be reached them not just via email but also via phone or making an electronic ticket. Income Tax Relief To Political Funding: Key Highlights Of Budget 2021
If problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they provide are in your state.
FAQ Income Tax Relief To Political Funding: Key Highlights Of Budget 2021
How long will it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs that will help you with problems such as late payroll tax issues and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down your debt over time.