Has your debt been piling up lately? Are you burnt out from trying various financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can help you or put you into more debt.
According to their customers, they can help you manage the majority of your debt , so you are able to take few things off of your mind.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. If that’s the case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can go to this video in case you would 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Med 2 Form Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is the most well-known feature. But they offer other services that can assist you in becoming financially secure.
It all starts by requesting a no-cost savings estimate online. The service is completely confidential and won’t conduct a credit inquiry. With this savings estimate you’ll be able to be able to learn more about the options to debt-free.
The savings estimate, as we’ve mentioned before, gives you an insight into your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with the process of credit arbitration should you choose to sign up. Some financial advisors can help you with your debt-free journey.
After your debt settlement program, CuraDebt is the agency to take care of all the calls from your creditors. They’ll also be the ones that negotiate the terms of your repayment depending on the condition of your financial situation. Depending on which works most effectively to you, this could either be a lump sum settlement or an installment plan.
Moreover they will work with creditors to ensure that you enjoy better rates when you make deposits to your savings account, which in turn, will be processed to pay off the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts Client Portal to monitor your performance.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans credit cards, and loans. They can also be approached to settle any outstanding amount on business debts, collections, or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you won’t get support for most cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation so that you can have cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you settle debt with less than the amount you have. They also allow you to ask questions during their free meeting with their debt counsellor.
The greatest benefit of the program is that you will only be charged after your debt has been settled. All you have to sign up for one of their plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you should be able to deal with the various types of tax problems such as garnishments on wages, tax penalties, personal and corporate taxes as well as 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 need to settle.
There are a variety of options for paying off the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their specialization, they don’t offer all kinds of settlement. CuraDebt concentrates on unsecured debt. 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 types of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle taxes that are due without any issues. Moreover, this type of service is offered across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt can also help resolve your medical debt. In some cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students with negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards 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 do not charge an upfront cost. You’ll only pay once you’ve paid each of your outstanding debts.
Additionally, they don’t charge high fees as well. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of industry charges between 15% and 25 percentage.
Moreover, clients can expect to settle their debt from 2 to 4 years. This varies according to the amount you can save up per month.
Also, they claim that you can save as much as 30% if you include their fees in your equation.
However, this statement will differ based on your situation. Some customers even claimed to save 50 to 80%.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
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 without having to go into debt again. However, the program lasts in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means your debt won’t inflate over time. They’ll also investigate any creditor violations using their own experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with the credit card you use. So if you’re trying to build a better rating on your credit, this could set you back while you’re working on your obligations.
CureDebt doesn’t even offer a mobile application. Although they have a website that clients can access, it looks outdated and basic. It’s not very intuitive, and it 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+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more on those types of services. Additionally the 20% service fee is less expensive than the majority of companies that offer an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app, which would make it easier to track your progress.
They do have a competent support staff, and you can reach them not just via email but also by phone or making an electronic ticket. Med 2 Form Tax Relief
If your debt is a big issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they offer are available in your area.
FAQ Med 2 Form Tax Relief
How long will it take to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt has a tax relief program that will assist you with issues such as late payroll taxes and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce the amount of debt you have over time.