Have your debts increased lately? Are you burnt out from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they can help you or put you into more debt.
According to their clients, they can help you manage the majority of your debt so that you are able to take few things off of your plate.
However, for certain people, these claims are just too good to be true.
If you’re looking for something that will assist you in paying off your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can watch this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Is Hurricane Disaster Relief Tax Deduction For Only Principal Residence
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. They also provide other services that will assist you in becoming financially stable.
It all begins with requesting a free savings estimate online. The service is completely confidential and they will not be conducting a credit screening. With this estimate of savings you’ll be able to discover more about other options in your journey to debt-free.
The savings estimate, as mentioned earlier, provides you with an insight into your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt is the company to take care of all your creditors’ calls. They’ll also be the ones who will determine the terms of your settlement in accordance with the state of your finances. Depending on which works best your situation, the payment can be either a lump sum settlement or the option of a payment plan.
Moreover they will also be working with creditors to ensure that you have better rates as you deposit money to your savings account. This in turn, will be processed to pay off the creditors. Their programs can assist you to pay off the debt in the period of 48 months.
After you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal to monitor your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills credit cards, and loans. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive support for most cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, should it be possible. Certain violations could cause your debt to be also dismissed.
CuraDebt lets you repay debt for less than the sum you have. You can also ask questions during their free meeting with their debt advisor.
The greatest benefit of their plan is that you only pay the fees after your debt has been settled. All you have to sign up to some of their programs and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documents They will also gather all the paperwork you’ll need for tax returns.
By using this program, you will be able to solve different types of taxes like wage garnishments, tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing and is dependent on the amount that you’ll need to settle.
They offer different options in the settlement of 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 types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to provide all kinds of settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to assist you if your debt or loan is tied to an item that is physical.
If you do 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 settle taxes that are due without any problems. Moreover, this type of service is available to all 50 states if you owe money towards the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate the student loans they are owed.
Personal loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
Additionally, they don’t charge high 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%.
Additionally, customers can anticipate to pay off their debts in between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
They also claim that you can save as much as 30% by incorporating their fees in your equation.
However, this statement will differ based on the situation. Some customers even claimed to save 50% to 80percent.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. In addition they only charge a 20% fee while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution, you could also sign up for their credit repair program.
It’s an excellent way to restore your credit without going back into debt. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also be looking into any violations of creditor with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to stop paying with . So if you’re trying to increase your credit score, it could delay you from working on your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a client website however, it appears old and mundane. It’s not very intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more for these types of services. In addition the 20% service fee is less expensive than the majority of companies that offer an additional 25% charge. There is no upfront payment, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app, which would make it easier to monitor your performance.
They do have a competent support staff and can be reached them not only through emails but by phone or by submitting an e-ticket. Is Hurricane Disaster Relief Tax Deduction For Only Principal Residence
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your state.
FAQ Is Hurricane Disaster Relief Tax Deduction For Only Principal Residence
What is the time frame to finish the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that will assist you with issues such as late payroll tax issues and wage garnishments.
What should I do once I’m in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce the amount of debt you have over time.