Have your debts been increasing lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is among the most asked companies. Many customers have asked if they can assist you or help you get into more debt.
According to their clients they can assist you in managing 80percent of your debts so that you can take couple of w
orries off your shoulders.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, you can go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Low Income Tax Relief Australia
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active member of 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, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. They also provide additional services to aid you in becoming more financially stable.
First of all, it begins with requesting a free savings estimate on the internet. This service is very confidential and they will not conduct a credit inquiry. By using this estimate of savings, you will discover more about alternatives to be debt-free.
The savings estimate, as we’ve mentioned before, gives you an idea of your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program, CuraDebt will be the company to answer all of the calls from your creditors. They’ll also be the ones that determine conditions of the payment based on the status of your financial situation. In determining which option is the best to you, this can be a lump-sum settlement or an installment plan.
Furthermore they will also work with creditors to ensure that you have better rates as you deposit money to your savings account, which in turn, will be processed to pay the creditors. Their plans can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is sign in to CuraDebts’ client portal to monitor your development.
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with 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 and also lines of credit. They can also be approached to help settle any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. But, you won’t receive assistance with the majority claims, loans from the government, collateral, and utility bills. The same goes for 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 also help you find creditor violations so that you can have cash settlements, should it be possible. Certain violations could cause your debt to be also dismissed.
CuraDebt lets you settle debt with less than the amount you have. Additionally, you can have questions answered during a free consultation with their debt counsellor.
The best part about their program is that you will only be charged after your debt has been settled. All you have to sign up for some of their programs, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial records They will also gather all the documents you’ll require for tax returns.
Through this program, you will be able to resolve the various types of tax problems such as garnishments on wages and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees either. They only use flat-fee pricing, which depends on the amount you have to pay.
They offer different options for settling taxes. 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 can they help you with?
While debt settlement is their specialty but they aren’t able to provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They can’t help you if the credit or loan is tied to a physical item.
If, however, you are in one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able pay off taxes that are due without any issues. Furthermore, this service is available across all 50 states, if you owe money towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In certain cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students with negotiating the student loans they have to pay.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt 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 fees as well. In the average, you’ll need to pay up to 20 percent of the debt that you settled with them.
On average, this type of business can cost anywhere 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 can save up per month.
Also, they claim that you can save up to 30% by incorporating their costs into your calculations.
However, the claim may differ based on your situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. In addition, they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done with the debt settlement program you could also sign up for their credit repair program.
It’s a fantastic way to restore the credit rating without going into debt again. However, the program lasts different for every person, depending on your situation.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also investigate any creditor violations with the assistance of their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. Therefore, if you’re trying increase your credit score, it may delay you from working on your obligations.
CureDebt also doesn’t offer a mobile application. While they do have a client website, it looks outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on these kinds of services. Additionally the 20% service cost is less expensive than the majority of firms that charge a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
While they’ll provide you with an account so that you can track your progress, their website is not simple to navigate. CuraDebt does not have an app that could make it easier for you to track your performance.
They do have a good support team, and you can reach them not just via email but by phone or by submitting an electronic ticket. Low Income Tax Relief Australia
If debt is a big problem right now, we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services they provide are in your state.
FAQ Low Income Tax Relief Australia
What is the time frame to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll taxes and garnishments of wages.
What should I do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce your debt over time.