Has your debt been increasing lately? Are you tired of trying other financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, the best option is to speak with experts who can assist to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can assist you or put you into more debt.
According to their customers, they can assist you in managing 80% of your debt so that you can finally take a few things off of your plate.
But for some people, these claims are just too good to be true.
You might be looking for any solution that could aid you in settling your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can help you solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before beginning the review, go to this video for a more relaxing way to watch 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company New Jersey State Tax Relief Federal Tax Changes
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. They also provide other services that will aid you in becoming more financially secure.
The process begins with requesting a free online savings estimate. The service is completely confidential and won’t conduct a credit inquiry. With this estimate of savings, you will be able to learn more about the options to debt-free.
The savings estimate, which was mentioned earlier, provides you with an idea of your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help you with the process of credit arbitration should you choose to sign up. Some financial advisors can help you in your debt-free journey.
Following your debt settlement plan, CuraDebt is the one to answer all of your creditor’s calls. They will also be the ones who will determine conditions of the payment based on the status of your financial situation. Based on what works best your situation, the payment could either be a lump sum settlement or a payment plan.
Furthermore they will be working with lenders to help you get better rates when you make deposits to your savings account. This in turn, will process to pay back the creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they’ll give you access to your information 24/7. All you have to do is sign in to CuraDebts’ client portal to track your development.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills credit cards, and also loans. They are also able to settle any outstanding amount on business debts, collections, or repossessions.
They can even help negotiate on tax owed and IRS debt. However, you won’t get assistance with the majority claims, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation in order to get cash settlements, should it be possible. Some violations can also lead to having your debts removed as well.
CuraDebt lets you settle debt with less than the amount you own. They also allow you to ask questions during their free consult with their debt advisor.
The most appealing aspect of the program is that you only be charged once your debt is settled. All you need to do is sign up with any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial records, they will also collect all the necessary paperwork to file tax returns.
Through this program, you should be able to solve different types of taxes like garnishments on wages, tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges either. They use only flat-fee pricing and is dependent on the amount you’ll have to pay.
They offer different options for the settlement of taxes. Here are six of them:
- 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?
Although debt settlement is their specialty but they aren’t able to cater to all types of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t help 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’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Additionally, this service is offered to 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 any medical-related debt. In certain cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students with negotiating any loans they are owed.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
Also, they do not charge high charges either. In the average, you’ll need to pay up to 20 percent of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25 percentage.
Additionally, customers can anticipate to pay off their debts in two to four years. This varies according to the amount you can save up per month.
They also claim you can save up to 30% by incorporating their charges into your calculation.
But this claim will also differ based on your specific situation. Some customers even claimed to save 50% to up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished in the process of debt resolution, you may join their credit repair program.
It’s a great way to restore your credit score without having to go back into debt. However, the program runs different for every person, depending on your situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations by creditors with the help of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with . Therefore, if you’re trying increase your credit score, it may cause you to delay finishing your credit card debt.
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 particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with an accreditation from the Better Business Bureau although they did receive 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. Moreover, their 20% service fee is lower than many firms that charge a 25% fee. There are no upfront payments, and you will only be required to pay once the debt is settled.
Although they’ll allow you to access an account so that you can track your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app yet, which would make it easier to look at your progress.
However, they have a good support team that you can contact them not just via email but by phone or by submitting an electronic ticket. New Jersey State Tax Relief Federal Tax Changes
If the debt is a big problem, then we recommend CuraDebt’s service. Make sure you’re qualified and that the services they provide are in your state.
FAQ New Jersey State Tax Relief Federal Tax Changes
What is the time frame to complete the course?
The program typically takes between 24 and 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?
Yes, CuraDebt provides tax relief programs to aid you in dealing with problems like delinquent tax and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.