Has your debt been increasing lately? Are you exhausted from trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they are able to help or put you in more debt.
According to their clients, they can assist you in managing 80% of your debt so that you can take couple of w
orries off your shoulders.
For some the claims seem too good to be true.
You might be looking for anything that can aid you in settling your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion we’ll look at its advantages and drawbacks.
Before beginning the review, watch this video instead in case you would 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Nys Tax Relief Program
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. They also provide other services that can help you be more financially stable.
First of all, it begins by requesting a free online savings estimate. It is a completely private service and they will not conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your alternatives to be debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt is the one to handle all of your creditor’s calls. They’ll also be the ones who will negotiate conditions of the payment based on the status of your financial situation. Based on what works most effectively for you, it could be either a lump sum settlement or an installment plan.
Moreover, they will work with lenders to help you enjoy better rates when you deposit money to your savings account. This, in turn, will be processed to pay back the creditors. The plans they offer can help you pay off the debt in two years.
Once you’ve signed up with them, they will allow you access to your data 24/7. All you need to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf for all kinds of debt. This includes personal loans, medical bills credit cards as well as loans. They can also be approached to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you won’t get assistance with the majority cases, loans from the government or collateral, as well as utility bills. They also don’t cover most 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 the violations of creditors in order to get cash settlements, should it be possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the sum you have. Additionally, you can ask questions during their free meeting with their debt counsellor.
The greatest benefit of their plan is that you will only have to pay for the charges when your debt is paid off. All you have to sign up for one of their plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documents They will also gather all the documents you’ll require to file tax returns.
With this program, you’ll be able to resolve the various types of tax problems such as wage garnishments, tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll have to pay.
They offer different options when it comes to paying off taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to provide all kinds of debt settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to assist you if your loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without difficulty. Moreover, this type of service is available to all 50 states in the event that you have a debt to the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students negotiate the student loans they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure 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 as well as traditional credit cards as well as private label credit card CuraDebt can 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 an upfront fee. Only pay when you’ve paid each of your debts.
Also, they don’t charge high charges either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled through them.
On average, this type of industry charges between 15% and 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
Also, they claim you can save as much as 30% if you include their costs into your calculations.
However, the claim may depend on your situation. Some customers even claimed to save between 50% and 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. Additionally they charge only an amount of 20%, while many companies charge 25%.
Then, if you’re done in the process of debt resolution you could also sign up for their credit repair program.
It’s an excellent method to improve your credit score without going in debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t increase over time. They’ll also be looking into any violations of creditor with the assistance of their in-house experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using the credit card you use. Therefore, if you’re trying improve your rating on your credit, this might set you back while you’re getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app. Although they have a website that clients can access however, it appears aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with 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 firms that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay the fee when the debt is 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 would make it easier to track your performance.
However, they have a good support team that you can contact them not just via email but also via phone or submitting an e-ticket. Nys Tax Relief Program
If your problem of debt is an issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Nys Tax Relief Program
How long will it take to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt has a tax relief program that will assist you with issues such as delinquent payroll taxes and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.