Has your debt increased lately? Are you burnt out from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because been through everything.
In the majority of cases, the most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you manage 80percent of your debts so that you are able to take couple of worries off your plate.
However, for certain people the claims seem too good to be true.
You might be looking for something that will assist you in paying off your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, check out this video instead 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 review. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Ny State Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a 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 can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. However, they also offer other services that can assist you in becoming financially stable.
It all begins by requesting a free online savings estimate. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings, you will learn more about your options to be debt-free.
Savings estimates, as we’ve mentioned before, gives you an insight into your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt can be the agency to answer all of the calls from your creditors. They’ll be the ones who will determine conditions of the settlement in accordance with the state of your financial situation. Depending on which works most effectively your situation, the payment could be either a lump sum settlement or a payment plan.
Additionally they will be working with creditors to ensure that you get better rates when you deposit money to your savings account. This, is then processed to pay off creditors. Their plans can help you settle the debt within 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to track your development.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards as well as lines of credit. You can also approach them to pay off any remaining amount on business debts and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive assistance for the majority cases, government loans as well as collateral and 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 the violations of creditors so that you can have cash settlements, if they are possible. Certain violations could result in having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you have. You can also ask questions during their free consult with their debt counsellor.
The most appealing aspect of their program is that you’ll only be charged when your debt is paid off. All you have to sign up to some of their programs, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
By using this program, you’ll be able to resolve the various types of tax problems like wage garnishments, tax penalties, personal and taxation for business as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only use flat-fee pricing and is dependent on the amount that you’ll need to settle.
There are a variety of options in the settlement of 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 types of debt are they able to help with?
While debt settlement is their specialty however, they do not provide all kinds of settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to help you if the debt or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able to settle tax debts that were due to be paid without any issues. Moreover, this type of service is offered across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students negotiate any student loans that they owe.
Personal loans and payday loans are also eligible for the debt settlement program. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
On average, this type of industry charges from 15% to 25%.
In addition, customers can expect to settle their debts within 2 to 4 years. But, it also differs depending on the amount that you save per month.
Also, they claim that you could save up to 30% when you factor in their costs into your calculations.
However, the claim may depend on your situation. Some clients even mentioned saving between 50% and up to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. Additionally they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done with the debt settlement program you could join their credit repair program.
It’s an excellent way to restore the credit rating without having to go into debt again. However, the program runs different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also look into any violations of creditor using their own experts.
Drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using the credit card you use. If you’re trying to increase your rating on your credit, this may delay you from finishing your obligations.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access, it looks aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on these kinds of services. Additionally the 20% service cost is less expensive than the majority of companies that offer 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 give you an account to see your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which would make it easier to look at your performance. Ny State Tax Relief
However, they have a competent support staff and can be reached them not just via email but also by phone or making an e-ticket. Ny State Tax Relief
If credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they provide are in your state.
FAQ Ny State Tax Relief
How long does it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt has a tax relief program that will assist you with issues such as late payroll tax and garnishments of wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce the amount of debt you have over time.