Have your debts increased lately? Are you exhausted from trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because been through every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is one of the companies that get the most inquiries. Many customers have asked if they can assist you or put you in more debt.
According to their clients, they can assist you in managing 80percent of your debts so that you can take couple of things off your plate.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
Before starting the review, watch this video instead in case you would prefer watching it.
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 will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company List Some Recent Examples Of Targeted Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
While it 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 well-known feature. They also provide other services that will help you be more financially secure.
First of all, it begins by 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’ll be able to discover more about options to debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an insight into your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt will be the one to take care of all the calls from your creditors. They’ll be the ones who will negotiate conditions of the payment depending on the condition of your financial situation. Depending on which works most effectively your situation, the payment could be either a lump sum settlement or a payment plan.
Additionally they will also be working with the creditors so that you can have better rates as you deposit money to your savings account, which in turn, will be processed to pay creditors. Their plans can help you settle the debt within two years.
After 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 sign in to CuraDebts’ client portal to track your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle most types of debt. This includes personal loans, medical bills credit cards, and also line of credit. They can also be approached to help settle any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you will not receive support for most cases, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you have. You can also inquire about your debt during their no-cost consultation with their debt counselor.
The best part about the program is that you will only be charged once your debt is settled. All you have to sign up to any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documents They will also gather all the documents you’ll require for tax returns.
With this program, you’ll be able to resolve various tax issues like wage garnishments and tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount that you’ll have to pay.
There are a variety of options when it comes to settling your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt are they able to help with?
Although debt settlement is their specialization but they aren’t able to offer all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if the credit or loan is tied 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 pay off tax debts that were due to be paid without difficulty. Moreover, this type of service is offered to all 50 states in the event that you have a debt to the IRS. They have federal tax experts to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In some instances you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate any student loans that they owe.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with 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 greatest thing about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
In general, this type of business can cost anywhere from 15% to 25 percent.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. However, this also varies in relation to the amount you save per month.
Also, they claim that you could save up to 30% when you factor in their fees in your equation.
However, the claim may differ based on your specific situation. Some clients even mentioned saving between 50% and up to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. In addition they charge only an amount of 20%, while many companies charge 25%.
Then, if you’re done by the program for debt relief you may enroll in their credit restoration program.
It’s a fantastic method to improve your credit score without having to go into debt again. However, the program runs in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations of creditor with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with your credit card. Therefore, if you’re trying increase your credit score, it could delay you from finishing your credit card debt.
CureDebt doesn’t even have a mobile app. While they do have a client website however, it appears old and mundane. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not credited 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 pay off your debts without spending more on those types of services. Additionally their 20% service fee is less expensive than the majority of businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is settled.
Although they’ll give you an account so that you can track your progress, their website is not easy to navigate. CuraDebt does not have an app that would make it easier to track your performance.
But, they do have a competent support staff and can be reached them, not only via emails but also via phone or making an electronic ticket. List Some Recent Examples Of Targeted Tax Relief
If your credit card is a major problem right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services they offer are available in your state.
FAQ List Some Recent Examples Of Targeted Tax Relief
What is the time frame to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems such as late payroll tax and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower the amount of debt you have over time.