Have your debts been increasing lately? Are you burnt out from trying various financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they can help you or put you into more debt.
According to their customers, they can help you control the majority of your debt so that you can take couple of things off your plate.
But for some people the claims seem too good to be true.
If you’re looking for anything that can aid you in settling your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before beginning the review, you can watch this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, 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 our article for a more comprehensive review.
About the Company Md Unemployment Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become 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.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. But they offer other services that can assist you in becoming financially stable.
The process starts by requesting a no-cost online savings estimate. The service is completely confidential and they will not conduct a credit inquiry. With this estimate of savings, you will be able to learn more about the alternatives towards debt-free.
Savings estimates, as mentioned earlier, provides you with the opportunity to consider your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to enroll. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement program, CuraDebt is the agency to take care of all your creditor’s calls. They’ll also be the ones that will negotiate the terms of your repayment in accordance with the state of your financial situation. Depending on which works best to you, this can either be a lump sum settlement or a payment plan.
Moreover, they will be working with creditors so that you can enjoy better rates when you make deposits to your savings account. This in turn, will process to pay the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf to settle all kinds of debt. They can help with medical bills, personal loans, credit cards and lines of credit. You can also approach them to pay off any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you will not receive support for most cases, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you own. You can also have questions answered during a free meeting with their debt advisor.
The greatest benefit of their program is that you’ll only have to pay for the charges after your debt has been settled. All you have to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents They will also gather all the paperwork you’ll need to file tax returns.
By using this program, you’ll be able to deal with the various types of tax problems such as wage garnishments and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only use flat-fee pricing, which depends on the amount you’ll must settle.
There are a variety of options in settling the 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 help you with?
While debt settlement is their specialty, they don’t offer all kinds of debt 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 you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without any issues. Additionally, this service is offered to all 50 states in the event that you have a debt in arrears to IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students in negotiating any loans they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
Also, they don’t have high-cost charges 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 business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. This varies depending on the amount that you are able to save each month.
They also claim that you can save as much as 30% by incorporating their charges into your calculation.
However, the claim may differ based on your specific situation. Some customers even claimed to save between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Furthermore they charge only a 20% fee while most companies charge you 25%.
Then, if you’re done by the program for debt relief you can join their credit restoration program.
It’s an excellent method to improve your credit without having to go in debt again. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also investigate any creditor violations using their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using . So if you’re trying to increase your standing on credit scores, you might cause you to delay finishing your credit card debt.
CureDebt does not offer a mobile application. While they have a client website, it looks old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more for these types of services. Additionally the 20% service charge is lower than many firms that charge the 25% cost. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app, which would make it easier to track your performance. Md Unemployment Tax Relief
But, they do have a good support team that you can contact them, not only via emails but also via phone or submitting an electronic ticket. Md Unemployment Tax Relief
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Md Unemployment Tax Relief
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll taxes and wage garnishments.
What should I do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.