Has your debt been piling up lately? Are you burnt out from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In most cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is one of the most asked companies. 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 80percent of your debt so that you can take couple of things off your shoulders.
However, for certain people they believe these claims are too good to be true.
You might be looking for something that will assist you in paying off your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before starting the review, check out this video instead if you prefer to watch it.
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 will want to read the rest of the article for a more comprehensive review.
About the Company Louisiana Student Loan Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. They also provide additional services to assist you in becoming financially secure.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. With this savings estimate you’ll discover more about options towards debt-free.
Savings estimates, as we’ve 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 in navigating credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt can be the company to take care of all your creditor’s calls. They’ll also be the ones that will determine the terms of your repayment in accordance with the state of your financial situation. Based on what works most effectively to you, this could be a lump-sum settlement or a payment plan.
Moreover they will also work with creditors so that you can get better rates when you make deposits to your savings account. This is then processed to pay the creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they’ll allow you access to your data 24/7. All you have to do is sign in to CuraDebts Client Portal so that you can monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different 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 for all kinds of debt. They can help with personal loans, medical bills, credit cards and also lines of credit. You can also approach them to help settle any remaining amount on business debts and collections or repossessions.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive support for most cases, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can ask questions during their free consultation with their debt counselor.
The best part about the program is that you will only pay the fees once your debt is settled. All you need to sign up for one of their plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documents, they will also collect all the paperwork you’ll need to file tax returns.
By using this program, you’ll be able to deal with various tax issues like wage garnishments as well as tax penalties for personal and business taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing that is based on the amount you have to pay.
There are a variety of 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 kinds of debts can they assist 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 only focuses on debt that is not secured. They aren’t able to help you if the loan or debt is linked to an actual item.
If, however, you are in one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any problems. Furthermore, this service is accessible to all 50 states if you owe money to the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students in negotiating the student loans they have to pay.
Personal and payday loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards CuraDebt will help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. 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 costs either. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry charges from 15% to 25 percent.
Moreover, clients can expect to settle their debts within between 2 and 4 years. However, this also varies in relation to the amount you are able to save each month.
They also claim you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on the situation. Some customers even claimed to save 50 to 80percent.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while the majority of companies charge 25%.
If you’re finished in the process of debt resolution you can also sign up for their credit repair program.
It’s an excellent way to restore your credit score without having to go into debt again. The program is however designed differently for each person, depending on your situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also investigate any violations of creditor using their in-house experts.
The drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with your credit card. If you’re trying to build a better credit score, it may delay you from getting rid of your debt.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients however, it appears old and mundane. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on these kinds of services. Moreover their 20% service cost is lower than many firms that charge a 25% fee. There aren’t any upfront fees, and you will only be required to pay once the debt is paid off.
Although they’ll give you an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app yet, which would make it easier to monitor your performance.
But, they do have a competent support staff that you can contact them, not only via emails but also via phone or submitting an e-ticket. Louisiana Student Loan Tax Relief
If the credit card is a major problem, then we recommend CuraDebt’s service. Make sure you’re qualified and that the services they provide are in your state.
FAQ Louisiana Student Loan Tax Relief
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that will assist you with issues like delinquent tax issues and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to lower your debt over time.