Have your debts been increasing lately? Are you tired of trying other financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, your best way is to approach experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they are able to help or put you in more debt.
According to their clients, they can assist you in managing 80percent of your debts so that you are able to take couple of things off your plate.
For some 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. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, you can watch this video instead for a more relaxing way to watch 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. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Myrtle Beach, Sc Tax Relief Companies
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. But they offer additional services to aid you in becoming more financially stable.
First of all, it begins by requesting a free online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings, you will discover more about alternatives to debt-free.
Savings estimates, which was mentioned previously, offers you an idea of your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team 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.
Following the debt settlement plan, CuraDebt can be the one to handle all of the calls from your creditors. They will be the ones who negotiate conditions of the payment based on the status of your financial situation. Based on what works most effectively for you, it could either be a lump sum settlement or an installment plan.
Moreover, they will work with lenders to help you have better rates as you transfer money into your savings account. This, in turn, will process to pay back creditors. Their programs can assist you to pay off the debt in 48 months.
After you’ve signed up with them, they will give you access to your information 24/7. All you have to do is log in to CuraDebts’ client portal to track your development.
Before you can avail of the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills, credit cards as well as lines of credit. You can also approach them to help settle any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you will not receive support for most cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with laws like that of 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, if they are possible. Certain violations may lead to having your debts removed as well.
CuraDebt can also help you pay off debts with less than the sum you have. They also allow you to have questions answered during a free meeting with their debt advisor.
The most appealing aspect of their program is that you only pay the fees once your debt is settled. All you need to sign up to any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you should be able to resolve different types of taxes such as wage garnishments, tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges either. They use only flat-fee pricing that is based on the amount that you’ll need to settle.
They offer different options in paying off 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 kind of debt are they able to help with?
Although debt settlement is their forte, they don’t cater to all types of settlement. CuraDebt is only focused on loans that are not secured. They can’t assist you if your loan or debt is linked to an item that is physical.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without difficulty. Moreover, this type of 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 types of issues.
CuraDebt can also assist in settling your medical debt. In some cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students with negotiating the student loans they are owed.
Payday loans and personal loans also qualify for the debt settlement program. 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’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. Only pay when you settle each of your debts.
Additionally, they do not charge high fees as well. In the average, you’ll need to pay up to 20% of the debt you settled with them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to settle their debts within two to four years. However, this also varies according to the amount you are able to save each month.
Also, they claim that you could save up to 30% by incorporating their costs into your calculations.
However, the claim may depend on your specific situation. Some customers even claimed to save 50 to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, 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. Additionally they charge only a 20% fee while many companies charge 25%.
If you’re finished with the debt settlement program you may enroll in their credit repair program.
It’s an excellent way to restore the credit rating without having to go into debt again. However, the program lasts differently for each person according to your personal situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the help of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using . So if you’re trying to increase your rating on your credit, this might delay you from getting rid of your debt.
CureDebt also doesn’t have a mobile app. Although they have a website that clients can access but it’s outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more on those types of services. Moreover the 20% service fee is lower than many businesses that charge an additional 25% charge. 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 user-friendly. CuraDebt isn’t even an app that will make it easier to track your performance.
But, they do have a great support team, and you can reach them, not only via emails but also by phone or making an e-ticket. Myrtle Beach, Sc Tax Relief Companies
If the problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Myrtle Beach, Sc Tax Relief Companies
What is the time frame to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to assist you with issues like delinquent tax and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to lower your debt over time.