Are you experiencing debt that has increased lately? Are you tired of trying other financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they can assist you or put you into more debt.
According to their clients, they can help you manage 80% of your debt so that you can take couple of w
orries off your plate.
For some they believe these claims are too good to be true.
You might be looking for anything that can help you resolve your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before you begin the review, 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 review. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Ny Relief Tax
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is 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 one of CuraDebt’s best known feature. However, they also offer other services that will help you be more financially stable.
First of all, it begins by requesting a free online savings estimate. The service is completely confidential, and they won’t be conducting a credit screening. With this estimate of savings, you will discover more about options to be debt-free.
The savings estimate, as we’ve mentioned before, gives you an insight into your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration if you decide to join. Some financial advisors can help you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the agency to handle all of your creditor’s calls. They will also be the ones that determine the terms of your repayment in accordance with the state of your finances. Based on what works most effectively your situation, the payment could be either a lump sum settlement or an installment plan.
Moreover, they will be working with creditors so that you can have better rates as you transfer money into your savings account. This in turn, will be processed to pay creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll allow you access to your account information 24 hours a day. All you have to do is log in to CuraDebts Client Portal so that you can monitor your development.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for all kinds of debt. These include personal loans, medical bills credit cards, and also lines of credit. They can also be approached to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get assistance for 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 assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. Additionally, you can ask questions during their free consult with their debt counselor.
The greatest benefit of their plan is that you’ll only have to pay for the charges after your debt has been settled. All you need to sign up for any of the plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documentation They will also gather all the paperwork you’ll need to file tax returns.
With this program, you’ll be able to deal with the various types of tax problems like garnishments on wages, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges either. They only use flat-fee pricing, which depends on the amount that you’ll have to pay.
There are a variety of options for settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t cater to all types in debt resolution. CuraDebt only focuses on unsecured debt. They can’t help you if your loan or debt is linked to an actual item.
However, if you have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without difficulty. Moreover, this type of service is offered to all 50 states if you owe money in arrears to IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students with negotiating any student loans that they are owed.
Personal and payday loans also qualify 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 another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you settle each of your outstanding debts.
They also don’t charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt that you settled through them.
In general, this type of industry charges between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debt from two to four years. However, this also varies depending on the amount that you can save up per month.
Also, they claim that you can save as much as 30% if you include their charges into your calculation.
But this claim will also differ based on your specific situation. Some customers even claimed to save between 50% and 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. In addition, they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you may enroll in their credit restoration program.
It’s an excellent option to rebuild your credit without having to go into debt again. However, the program lasts different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any violations of creditor with the help of their own experts.
The drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using your credit card. If you’re trying to improve your standing on credit scores, you could set you back while you’re working on your obligations.
CureDebt doesn’t even offer a mobile application. While they do have a client website, it looks outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not credited 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 for these types of services. Moreover the 20% service cost is lower than many businesses that charge an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress, their website is not user-friendly. CuraDebt isn’t even an app yet, which will make it easier to look at your performance.
They do have a great support team, and you can reach them not just via email but also via phone or making an e-ticket. Ny Relief Tax
If 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 Ny Relief Tax
What is the time frame to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt has a tax relief program that can help you with problems such as late payroll taxes and garnishments of 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.