Has your debt been increasing lately? Are you tired of trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your best option is to speak with professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their clients, they can assist you in managing the majority of your debt , so you can finally take a couple of worries off your mind.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can go to this video for a more relaxing way watching it.
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. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Iowa Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. But they offer other services that can aid you in becoming more financially secure.
The process begins with requesting a free savings estimate online. The service is completely confidential, and they won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your options to debt-free.
Savings estimates, which was mentioned earlier, provides you with an insight into your options regardless of whether you’re going to keep 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 join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt is the company to take care of all the calls from your creditors. They’ll also be the ones that will determine conditions of the repayment depending on the condition of your finances. Depending on which works best for you, it can be either a lump sum settlement or the option of a payment plan.
Moreover, they will be working with the creditors so that you can get better rates when you make deposits to your savings account, which in turn, will be processed to pay creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve signed up with them, they will give you access to your information 24/7. All you have to do is log in to CuraDebts the client portal to track your progress.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for the majority of types of debt. They can help with personal loans, medical bills, credit cards and lines of credit. You can also approach them to help settle any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive support for most cases, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can help you use 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 debtors who are in violation to ensure that you receive cash settlements, should it be possible. Some violations can also cause your debt to be removed as well.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to inquire about your debt during their no-cost meeting with their debt advisor.
The best part about their plan is that you only pay the fees after your debt has been settled. All you have 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 can also help you with your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to resolve the various types of tax problems such as wage garnishments and tax penalties, personal and taxation for business as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They use only flat-fee pricing that is based on the amount you must settle.
They offer different options for paying off the 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 kinds of debts can they assist you with?
While debt settlement is their specialization, they don’t provide all kinds in debt resolution. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if your loan or debt is linked to a physical item.
However, if you have the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without difficulty. Moreover, this type of service is offered to all 50 states in the event that you have a debt towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some instances you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students in negotiating any loans they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
Whether you have debt with 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’s pricing is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
Additionally, they don’t charge high costs either. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
In the average, this kind of industry charges from 15% to 25 percent.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs according to the amount you are able to save each month.
Also, they claim that you could save up to 30% when you factor in their costs into your calculations.
But this claim will also depend on the situation. Some customers even claimed to save 50 to 80percent.
Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore, they only charge a 20% fee while most companies charge you 25 percent.
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 different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t increase over time. They’ll also be looking into any violations of creditor with the assistance of their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with the credit card you use. So if you’re trying to increase your rating on your credit, this could cause you to delay finishing your credit card debt.
CureDebt does not offer a mobile application. While they do have a website that clients can access however, it appears aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on those types of services. Moreover their 20% service cost is lower than many companies that offer an additional 25% charge. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to look at your performance. Iowa Tax Relief
However, they have a good support team, and you can reach them not just via email but by phone or by making an e-ticket. Iowa Tax Relief
If the problem of debt is an problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the programs that they provide are offered in your state.
FAQ Iowa Tax Relief
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems such as delinquent payroll tax issues and garnishments on 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 pay down the amount of debt you have over time.