Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they are able to help or put you into more debt.
According to their clients, they can help you control 80% of your debt so that you are able to take couple of things off your shoulders.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
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 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 Late Election Relief Gift Tax Return 529
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most popular feature. However, they also offer other services that can help you be more financially secure.
First of all, it starts by requesting a no-cost savings estimate online. It is a completely private service, and they won’t be doing a credit check. With this savings estimate you’ll be able to learn more about your other options in your journey towards debt-free.
The savings estimate, as mentioned earlier, provides you with an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt will be the company to handle all of the calls from your creditors. They will be the ones who will negotiate conditions of the settlement based on the status of your financial situation. Based on what works most effectively to you, this can either be a lump sum settlement or a payment plan.
Furthermore they will work with creditors so that you can have better rates as you make deposits to your savings account, which in turn, will process to pay back creditors. Their programs can assist you to settle the debt within 48 months.
Once you’ve signed up with them, they will give you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal so that you can monitor your development.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards as well as lines of credit. They can also be approached to settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive assistance with the majority of your lawsuits, government loans, 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 to ensure that you receive cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt can also help you pay off debts with less than the sum you have. They also allow you to have questions answered during a free consultation with their debt counsellor.
The most appealing aspect of the program is that you’ll only be charged after your debt has been settled. All you need to do is sign up with one of their plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
By using this program, you will be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only use flat-fee pricing and is dependent on the amount you have to pay.
They offer different options in settling the 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 kinds of debts can they help you with?
Although debt settlement is their specialty however, they do not cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They aren’t able to help you if your loan or debt is linked to an actual item.
If you do have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle your past-due tax debts without any problems. Additionally, this service is offered to all 50 states if you owe money towards the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students with negotiating any loans they owe.
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 an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards, CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. Only pay when you settle each of your debts.
Additionally, they 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 the average, this kind of industry charges between 15% and 25%.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. However, this also varies in relation to the amount you are able to save each month.
Also, they claim you can save as much as 30% when you factor in their charges into your calculation.
However, the claim may vary, depending on the situation. Some clients even mentioned saving 50% to up to 80%.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. Additionally, they only charge an amount of 20%, while many companies charge 25%.
If you’re finished with the debt settlement program you could join their credit repair program.
It’s a great option to rebuild your credit score without having to go back into debt. However, the program lasts different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also be looking into any violations of creditor with the assistance of their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with . If you’re trying to increase your rating on your credit, this may cause you to delay finishing your debt.
CureDebt does not offer a mobile application. While they have a website that clients can access but it’s aged and simple. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on these kinds of services. Moreover their 20% service charge is less expensive than the majority of firms that charge an additional 25% charge. There are no upfront payments and you’ll only be required to pay once your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress, their website is not easy to navigate. CuraDebt does not have an app yet, which could make it easier for you to look at your progress.
They do have a good support team, and you can reach them, not only via emails but also via phone or submitting an electronic ticket. Late Election Relief Gift Tax Return 529
If your credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Late Election Relief Gift Tax Return 529
How long will it take to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that will help you with problems such as late payroll taxes and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce your debt over time.