Has your debt been piling up lately? Are you tired of trying other financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried everything.
In most cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their clients, they can help you manage the majority of your debt so that you are able to take couple of things off your shoulders.
But for some people they believe these claims are too good to be true.
You might be looking for any solution that could help you resolve your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, you can watch this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company New York Hurricane Irma Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. They also provide additional services to assist you in becoming financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. This service is very confidential and won’t be doing a credit check. With this savings estimate, you will learn more about your options to be debt-free.
Savings estimates, as we’ve mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt will be the one to take care of all the calls from your creditors. They’ll also be the ones who will determine what you will pay for your payment in accordance with the state of your financial situation. Depending on which works most effectively your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Moreover, they will work with creditors so that you can have better rates as you deposit money to your savings account. This in turn, will process to pay back creditors. The plans they offer can help you settle the debt within two years.
After you’ve signed up with them, they will allow you access to your information 24/7. All you have to do is log in to CuraDebts the client portal so that you can monitor your development.
Before you can avail of their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with medical bills, personal loans 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 on tax owed as well as IRS debt. However, you will not receive assistance with the majority cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you own. Additionally, you can ask questions during their free consult with their debt counsellor.
The most appealing aspect of their plan is that you’ll only be charged after your debt has been settled. All you need to do is sign up with any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial records They will also gather all the documents you’ll require for tax returns.
With this program, you will be able to deal with different types of taxes such as wage garnishments, tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you need to settle.
There are a variety of options for paying off your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t cater to all types of settlement. CuraDebt concentrates on debt that is not secured. They aren’t able to 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 negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle taxes that are due without difficulty. Moreover, this type of service is offered to all 50 states in the event that you owe money to the IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In certain cases, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate any loans they owe.
Personal and payday loans are also eligible for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you have obtained from an alternative 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.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
They also do not charge high charges either. On average, you’ll have to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry charges from 15% to 25 percent.
Moreover, clients can expect to settle their debt from two to four years. However, this also varies depending on the amount that you save per month.
Additionally, they claim that you could save as much as 30% by incorporating their charges into your calculation.
However, this statement will vary, depending on the situation. Some customers have even talked about saving between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. In addition they charge only an amount of 20%, while many companies charge 25%.
Then, if you’re done by the program for debt relief, you can join their credit restoration program.
It’s a great way to restore your credit without having to go in debt again. However, the program lasts differently for each person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any violations of creditor using their own experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with . If you’re trying to build a better standing on credit scores, you could delay you from getting rid of your debt.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients but it’s outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on those types of services. In addition their 20% service cost is lower than many firms that charge the 25% cost. There are no upfront payments and you’ll only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt does not have an app yet, which could make it easier for you to track your progress.
But, they do have a competent support staff, and you can reach them not just via email but also via phone or sending an electronic ticket. New York Hurricane Irma Tax Relief
If the problem of debt is an problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the services they provide are in your state.
FAQ New York Hurricane Irma Tax Relief
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that can aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What should I do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down your debt over time.