Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, the best option is to speak with 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 are able to help or help you get into more debt.
According to their clients, they can help you manage 80% of your debts so that you can finally take a couple of things off your mind.
However, for certain people they believe these claims are too good to be true.
If you’re looking for any solution that could help you resolve your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt operates and what issues it could help solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, you can watch this video instead in case you would 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. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Louisiana August 2021 Flood And New Tax Relief Bill
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. However, they also offer other services that will assist you in becoming financially stable.
It all starts by requesting a no-cost online savings estimate. It is a completely private service and won’t be doing a credit check. With this savings estimate you’ll be able to learn more about the alternatives to debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with credit arbitration in the event that you decide to join. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the one to handle all of your creditor’s calls. They’ll be the ones who determine conditions of the repayment depending on the condition of your financial situation. In determining which option is the most effectively your situation, the payment can be either a lump sum settlement or an installment plan.
Additionally, they will be working with creditors to ensure that you get better rates when you make deposits to your savings account. This, in turn, will be processed to pay creditors. Their programs can assist you to get rid of debt in just 48 months.
After you’ve signed up with them, they will give you access to your information 24/7. All you have to do is login to CuraDebts Client Portal to track your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. They can help with medical bills, personal loans, credit cards and also loans. They are also able to pay off any remaining amount on business debts and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you won’t get support for most cases, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as 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. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you own. You can also inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their program is that you only be charged once your debt is settled. All you have to sign up for some of their programs and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. After they have gathered all your financial documents, they will also collect all the documents you’ll require to file tax returns.
Through this program, you will be able to solve the various types of tax problems such as garnishments on wages and tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you have to pay.
They offer different options for paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
While debt settlement is their specialty however, they do not offer all kinds of settlement. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your credit or loan is tied to an actual item.
However, if you have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without difficulty. Moreover, this type of service is available to all 50 states in the event that you have a debt towards the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students in negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You may also be eligible the program if you have other unsecure 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 can assist you in paying it off.
What is the cost?
The best part about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they do not charge high charges either. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
In general, this type of industry can charge anywhere between 15 and 25 percent.
Moreover, clients can expect to settle their debt from two to four years. This varies depending on the amount that you save per month.
Additionally, they claim that you could save as much as 30% if you include their charges into your calculation.
But this claim will also vary, depending on the situation. Some customers even claimed to save 50% to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s look into the advantages from using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. In addition they only charge an amount of 20%, while many companies charge 25 percent.
If you’re finished in the process of debt resolution, you could join their credit restoration program.
It’s an excellent way to restore the credit rating without going in debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any violations by creditors with the help of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop paying with the credit card you use. If you’re trying to increase your rating on your credit, this might delay you from working on your debt.
CureDebt does not have a mobile app available. While they do have a website for clients but it’s old and mundane. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on those types of services. In addition their 20% service charge is lower than many businesses that charge the 25% cost. There aren’t any upfront fees and you’ll only be required to pay once the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which would make it easier to monitor your performance.
They do have a great support team that you can contact them not only through emails but by phone or by making an e-ticket. Louisiana August 2021 Flood And New Tax Relief Bill
If your debt is a big issue right now, we recommend CuraDebt’s service. Make sure you’re qualified and that the services they provide are in your state.
FAQ Louisiana August 2021 Flood And New Tax Relief Bill
What is the time frame to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that will help you with problems like delinquent taxes and wage garnishments.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down your debt over time.