Has your debt been increasing lately? Are you tired of trying other financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can assist you or put you into more debt.
According to their clients, they can assist you in managing the majority of your debts so that you are able to take couple of w
orries off your shoulders.
For some, these claims are just too good to be true.
If you’re looking for something that will help you resolve your debt. In that case, CuraDebt will mostly be suggested by people. We’ll take a deeper review of the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, you can go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Mortgage Forgiveness Tax Relief Act Extended Through 2021
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. However, they also offer additional services to aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost savings estimate online. This service is very confidential and won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your options to be debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an insight into your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration if you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt can be the agency to take care of all the calls from your creditors. They will also be the ones who negotiate the terms of your repayment in accordance with the state of your finances. Depending on which works best to you, this can either be a lump sum settlement or a payment plan.
Additionally they will work with lenders to help you enjoy better rates when you transfer money into your savings account, which in turn, will process to pay creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they will give you access to your information 24/7. All you need to do is sign in to CuraDebts the client portal to track your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans credit cards and also lines of credit. You can also approach them to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating with back taxes and IRS debt. However, you won’t get support for most cases, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations may cause your debt to be removed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also have questions answered during a free consult with their debt counselor.
The best part about their program is that you will only pay the fees when your debt is paid off. All you have to do is sign up with some of their programs and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
Through this program, you will be able to deal with the various types of tax problems such as garnishments on wages and tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount that you’ll must settle.
They offer different options in the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their specialty but they aren’t able to provide all kinds of settlement. CuraDebt only focuses on debt that is not secured. They can’t help you if the loan or debt is linked to an item that is physical.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without any issues. Furthermore, this service is available to all 50 states if you owe money towards the IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some instances you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students with negotiating the student loans they owe.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you settle each of your debts.
Additionally, they don’t have high-cost charges either. In the average, you’ll need to pay up to 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25%.
Moreover, clients can expect to pay off their debts in two to four years. However, this also varies depending on the amount that you can save up per month.
Additionally, they claim that you can save as much as 30% by incorporating their costs into your calculations.
But this claim will also differ based on the situation. Some clients even mentioned saving between 50% and 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits of using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. Furthermore, they only charge a 20% fee while many companies charge 25%.
Next, if you’re done by the program for debt relief, you could also sign up for their credit repair program.
It’s a great method to improve the credit rating without going into debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also be looking into any creditor violations with the assistance of their experts in-house.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using . So if you’re trying to build a better standing on credit scores, you could set you back while you’re getting rid of your obligations.
CureDebt also doesn’t have a mobile app available. While they do have a website that clients can access however, it appears old and mundane. It’s not very intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more for these types of services. Moreover the 20% service cost is less expensive than the majority of businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when the debt is paid off.
Although they’ll give you an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app that would make it easier to look at your performance.
However, they have a great support team that you can contact them, not only via emails but by phone or by sending an electronic ticket. Mortgage Forgiveness Tax Relief Act Extended Through 2021
If your debt is a big issue right now, we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services that they provide are offered in your state.
FAQ Mortgage Forgiveness Tax Relief Act Extended Through 2021
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that will assist you with issues such as late payroll tax issues and garnishments of wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower your debt over time.