Are you experiencing debt that has increased lately? Are you exhausted from trying different financial advice and tips but still have unsolved issues?
Maybe 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 among the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their customers, they can help you manage the majority of your debt so that you can take couple of w
orries off your mind.
However, for certain 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 situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at the way CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can go to this video in case you would prefer to watch it.
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 review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Ny Taxes Family Tax Relief Credit
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that can help you be more financially secure.
The process starts by requesting a no-cost online savings estimate. This service is very confidential and they will not conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about other options in your journey towards debt-free.
Savings estimates, as mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor 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 the debt settlement program is completed, CuraDebt is the company to take care of all the calls from your creditors. They will be the ones who determine conditions of the payment in accordance with the state of your finances. Based on what works best for you, it can be a lump-sum settlement or the option of a payment plan.
Moreover they will be working with the creditors to ensure that you have better rates as you deposit money to your savings account. This, in turn, will be processed to pay back creditors. Their programs can assist you to settle the debt within 48 months.
Once you’ve signed up with them, they’ll provide you with access to your data 24/7. All you need to do is log in to CuraDebts’ client portal to track your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards and also lines of credit. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get assistance with the majority claims, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations so that you can have cash settlements, should it be possible. Some violations can also result in having your debts also dismissed.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to ask questions during their free meeting with their debt counselor.
The most appealing aspect of the program is that you only be charged after your debt has been settled. All you have to sign up to some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
With this program, you’ll be able to solve different types of taxes like wage garnishments as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices that is based on the amount that you’ll must settle.
They have different solutions for paying off your tax debt. 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 can they help you with?
While debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to help you if your debt or loan is tied to an item that is physical.
If you do have the following types of debt, they will negotiate settlements on your behalf.
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 offered across all 50 states, if you have a debt in arrears to IRS. They have 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 them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students with negotiating the student loans they are owed.
Personal and payday loans also qualify 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 have obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you settle each of your debts.
Additionally, they don’t have high-cost charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
In the average, this kind of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debt from two to four years. But, it also differs depending on the amount that you save per month.
Additionally, they claim you can save as much as 30% by incorporating their charges into your calculation.
However, the claim may depend on the situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. In addition they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done by the program for debt relief, you can enroll in their credit repair program.
It’s a fantastic way to restore your credit without having to go back into debt. However, the program lasts different for every person, depending on your situation.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also be looking into any creditor violations using their own experts.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using the credit card you use. If you’re trying to improve your standing on credit scores, you could cause you to delay finishing your debt.
CureDebt does not have a mobile app available. Although they have a website for clients, it looks aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not recognized by the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on these kinds of services. In addition, their 20% service charge is lower than many firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account to see your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which would make it easier to track your progression.
However, they have a good support team and can be reached them not just via email but also by phone or submitting an e-ticket. Ny Taxes Family Tax Relief Credit
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they provide are in your area.
FAQ Ny Taxes Family Tax Relief Credit
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 and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt provides tax relief programs to aid you in dealing with problems like delinquent tax issues and garnishments of wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down the amount of debt you have over time.