Have your debts been increasing lately? Are you exhausted from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because already tried everything.
In most cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they can assist you or put you into more debt.
According to their customers, they can help you control the majority of your debt so that you can finally take a couple of things off your mind.
But for some people they believe these claims are too good to be true.
You might be looking for anything that can aid you in settling your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can help you solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before beginning the review, you can watch this video instead for a more relaxing way 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. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Irs Tax Relief Hurricane Florence 2021
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will assist you in becoming financially stable.
The process begins with requesting a free savings estimate online. It is a completely private service and they will not be conducting a credit screening. By using this estimate of savings, you will learn more about your options towards debt-free.
The savings estimate, as we’ve mentioned previously, offers you an insight into your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to join. Some financial advisors can help you in your debt-free journey.
After your debt settlement program is completed, CuraDebt is the one to handle all of your creditor’s calls. They’ll also be the ones who determine conditions of the payment in accordance with the state of your financial situation. Depending on which works most effectively to you, this could 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 enjoy better rates when you deposit money to your savings account, which is then processed to pay off creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll provide you with access to your data 24/7. All you have to do is login to CuraDebts the client portal to track your development.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They can negotiate settlements on behalf of you for most types of debt. This includes medical bills, personal loans credit cards, and also line of credit. You can also approach them to settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. But, you won’t receive support for most of your lawsuits, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will 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 creditor violations in order to get cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt lets you repay debt for less than the sum you have. You can also inquire about your debt during their no-cost meeting with their debt counsellor.
The most appealing aspect of their program is that you’ll only have to pay for the charges when your debt is paid off. All you need to sign up for some of their programs, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial records They will also gather all the paperwork you’ll need to file tax returns.
With this program, you’ll be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges either. They only offer flat-fee prices and is dependent on the amount you have to pay.
They have different solutions in settling taxes. Here are 6 options:
- 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 specialty however, they do not offer all kinds of debt settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to assist you if your loan or debt is linked to an item that is physical.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Moreover, this type of service is available to all 50 states if you owe money to the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students negotiate the student loans they have to pay.
Personal and payday loans also qualify as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you’ve paid 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.
In the average, this kind of industry can charge anywhere between 15 and 25 percent.
Moreover, clients can expect to settle their debts within two to four years. However, this also varies depending on the amount that you save per month.
Additionally, they claim you can save as much as 30% by incorporating their costs into your calculations.
However, this statement will depend on the situation. Some customers have even talked about saving between 50% and 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. In addition they only charge a 20% fee while most companies charge you 25 percent.
Then, if you’re done with the debt settlement program, you could also sign up for their credit restoration program.
It’s a fantastic way to restore your credit without having to go back into debt. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any violations of creditor using their in-house experts.
Drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. If you’re trying to increase your credit score, it might delay you from working on your debt.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients, it looks aged and simple. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. In addition the 20% service fee is less expensive than the majority of businesses that charge an additional 25% charge. 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 but their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which will make it easier to monitor your progress.
But, they do have a good support team and can be reached them not just via email but also via phone or submitting an electronic ticket. Irs Tax Relief Hurricane Florence 2021
If the problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ Irs Tax Relief Hurricane Florence 2021
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt has a tax relief program to assist you with issues like delinquent taxes and garnishments of 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 lower your debt over time.