Have your debts been increasing lately? Are you tired of trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of 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 80% of your debt so that you are able to take couple of w
orries off your plate.
However, for certain people the claims seem too good to be true.
You might be looking for any solution that could aid you in settling your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before beginning the review, go to this video if you prefer to watch 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 the article for a more comprehensive review.
About the Company Irs Disaster Relief Tax Refunds
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that can aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. This service is very confidential and they will not be doing a credit check. With this estimate of savings, you will discover more about options to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with an insight into your options regardless of whether or not you’re planning on 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 with your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to take care of all your creditor’s calls. They’ll also be the ones that will negotiate what you will pay for your repayment depending on the condition of your financial situation. In determining which option is the most effectively to you, this could be a lump-sum settlement or the option of a payment plan.
Moreover they will work with lenders to help you get better rates when you transfer money into your savings account, which is then processed to pay back the creditors. Their plans can help you get rid of debt in just two years.
Once you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is login to CuraDebts Client Portal to track your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills, credit cards and line of credit. You can also approach them to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive support for most cases, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like that of 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 so that you can have cash settlements, if they are 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 inquire about your debt during their no-cost consultation with their debt advisor.
The best part about their program is that you’ll only pay the fees after your debt has been settled. All you have to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you will be able to solve the various types of tax problems like wage garnishments, tax penalties, personal and taxation for business as well as back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only use flat-fee pricing, which depends on the amount that you’ll need to settle.
There are a variety of options for paying off your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- 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 settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if your debt or loan is tied to an item that is physical.
If you do have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle 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 tax experts from the federal government to assist you with these types of issues.
CuraDebt can also help resolve any medical-related debt. In some instances you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students in negotiating the student loans they are owed.
Personal loans and payday 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 that you have obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
They also don’t charge high costs either. On average, you’ll have to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percent.
In addition, customers can expect to settle their debts within two to four years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% if you include their charges into your calculation.
But this claim will also vary, depending on the situation. Some clients even mentioned saving between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while many companies charge 25%.
Next, if you’re done in the process of debt resolution, you may also sign up for their credit restoration program.
It’s a fantastic option to rebuild your credit score without going in debt again. However, the program lasts in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any creditor violations with the assistance of their own experts.
The drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using your credit card. If you’re trying to improve your rating on your credit, this might cause you to delay finishing your debt.
CureDebt also doesn’t offer a mobile application. Although they have a website that clients can access however, it appears old and mundane. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on these kinds of services. Moreover the 20% service cost is lower than many firms that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app, which could make it easier for you to track your performance.
But, they do have a great support team that you can contact them not only through emails but also by phone or making an electronic ticket. Irs Disaster Relief Tax Refunds
If debt is a big issue right now, 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 Irs Disaster Relief Tax Refunds
How long will it take to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to reduce the amount of debt you have over time.