Are you experiencing debt that has been piling up lately? Are you exhausted from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because been through everything.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they are able to help or put you into more debt.
According to their customers, they can help you control 80% of your debt so that you are able to take couple of w
orries off your plate.
However, for certain people, these claims are just too good to be true.
You might be looking for something that will aid you in settling your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at the way CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, you can check out this video instead for a more relaxing way 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 our article for a more comprehensive review.
About the Company Jennifer Jackson Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established 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 the service is accredited, some states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. But they offer other services that will help you be more financially secure.
The process begins by requesting a free savings estimate online. It is a completely private service and they will not be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the alternatives to debt-free.
Savings estimates, which was mentioned earlier, provides you with an insight into your options regardless of whether or not you’re planning to continue 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 join. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program, CuraDebt will be the agency to answer all of the calls from your creditors. They’ll be the ones who will negotiate what you will pay for your repayment depending on the condition of your financial situation. Depending on which works most effectively your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Additionally they will also be working with the lenders to help you get better rates when you deposit money to your savings account. This in turn, will be processed to pay back creditors. Their programs can assist you to pay off the debt in 48 months.
Once you’ve signed up with them, they’ll provide you with access to your data 24/7. All you need to do is log in to CuraDebts’ client portal to track your performance.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the various ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. These include medical bills, personal loans credit cards, as well as line of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government, 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 those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors in order to get cash settlements, if they are possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the sum you have. You can also ask questions during their free consult with their debt counsellor.
The best part about their program is that you’ll only pay the fees when your debt is paid off. All you need to do is sign up with one of their plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial records, they will also collect all the documents you’ll require for tax returns.
With this program, you should be able to deal with the various types of tax problems such as garnishments on wages as well as tax penalties for personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll must settle.
There are a variety of options for the settlement of taxes. Here are 6 of them:
- 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 forte however, they do not provide all kinds of 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 actual item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any problems. Moreover, this type of service is available across all 50 states, if you have a debt in arrears to IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve your medical debt. In some cases, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students negotiate any student loans that they owe.
Personal and payday loans also qualify for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your outstanding debts.
They also don’t charge high costs either. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
In general, this type of industry charges from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in between 2 and 4 years. This varies depending on the amount that you can save up per month.
They also claim that you can save up to 30% if you include their fees in your equation.
However, this statement will depend on the situation. Some customers have even talked about saving 50% to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done with the debt settlement program, you can also sign up for their credit repair program.
It’s a fantastic option to rebuild your credit score without having to go into debt again. However, the program runs differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any creditor violations with the assistance of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using the credit card you use. So if you’re trying to improve your credit score, it might cause you to delay working on your obligations.
CureDebt also doesn’t have a mobile app. While they have a website that clients can access but it’s outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more for these types of services. In addition their 20% service cost is less expensive than the majority of companies that offer the 25% cost. 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 to see your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which will make it easier to track your progress.
However, they have a good support team, and you can reach them not just via email but also via phone or sending an e-ticket. Jennifer Jackson Tax Relief
If problem of debt is an issue right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services that they provide are offered in your state.
FAQ Jennifer Jackson Tax Relief
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt provides tax relief programs to aid you in dealing with problems such as delinquent payroll tax and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.