Has your debt increased lately? Are you exhausted from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most asked companies. A lot of customers have asked if they can assist you or put you into more debt.
According to their customers, they can assist you in managing 80% of your debt so that you can take few things off of your mind.
But for some people, these claims are just too good to be true.
If you’re looking for any solution that could help you resolve your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of how CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, go to this video in case you would prefer watching 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. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Iras Life Insurance Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. They also provide additional services to assist you in becoming financially stable.
First of all, it begins with requesting a free savings estimate online. The service is completely confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to discover more about options to debt-free.
This estimate of savings, as mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement plan, CuraDebt will be the one to take care of all your creditor’s calls. They’ll be the ones who determine conditions of the repayment in accordance with the state of your finances. In determining which option is the most effectively to you, this can either be a lump sum settlement or a payment plan.
Moreover they will also be working with the creditors to ensure that you get better rates when you deposit money to your savings account, which is then processed to pay back the creditors. Their plans can help you pay off the debt in the period of 48 months.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. 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 satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
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. This includes medical bills, personal loans credit cards, and lines of credit. They can also be approached to help settle any remaining balance of business debt, collections, or repossessions.
They can even help negotiate on tax owed as well as IRS debt. However, you won’t get support for most claims, government loans or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll 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 the violations of creditors to ensure that you receive cash settlements, if possible. Some violations can also result in having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you have. Additionally, you can have questions answered during a free consult with their debt advisor.
The best part about their program is that you only be charged after your debt has been settled. All you need to sign up to one of their plans and you’ll be able to pay off all 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 necessary paperwork to file tax returns.
By using this program, you’ll be able to deal with various tax issues like garnishments on wages, tax penalties, personal and taxation for business as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices and is dependent on the amount you must settle.
There are a variety of options when it comes to settling 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 can they assist you with?
Although they specialize in debt settlement, it is not their specialization, they don’t offer all kinds of settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if your loan or debt is linked to a physical item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay taxes that are due without any problems. Additionally, this service is accessible to all 50 states if you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve your medical debt. In some instances you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however 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 can also avail if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
They also don’t have high-cost charges either. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of industry charges from 15% to 25 percent.
In addition, customers can expect to settle their debts within between 2 and 4 years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you can save as much as 30% when you factor in their charges into your calculation.
However, the claim may differ based on your specific situation. Some customers have even talked about saving 50 to 80%.
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 after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas many companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you can enroll in their credit restoration program.
It’s an excellent method to improve the credit rating without going back into debt. The program is however designed differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t increase as time passes. They’ll also look into any violations of creditor with the assistance of their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with your credit card. So if you’re trying to increase your rating on your credit, this could delay you from working on your credit card debt.
CureDebt doesn’t even have a mobile app. Although they have a website that clients can access however, it appears old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on those types of services. Moreover their 20% service fee is cheaper than most companies that offer a 25% fee. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app, which would make it easier to track your progression.
However, they have a great support team and can be reached them not just via email but also via phone or sending an electronic ticket. Iras Life Insurance Tax Relief
If problem of debt is an problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services that they provide are offered in your area.
FAQ Iras Life Insurance Tax Relief
What is the time frame to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax issues and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down your debt over time.