Are you experiencing debt that has been piling up lately? Are you tired of trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the most frequently contacted 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 control the majority of your debt , so you are able to take couple of w
orries off your mind.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, you can go to this video in case you would prefer to watch 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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Obama Care Tax Relief
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 through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. They also provide other services that can assist you in becoming financially stable.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t be doing a credit check. With this estimate of savings, you will learn more about your other options in your journey towards debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an idea of your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program, CuraDebt can be the company to answer all of the calls from your creditors. They’ll be the ones who will determine conditions of the repayment based on the status of your finances. Depending on which works most effectively to you, this could either be a lump sum settlement or the option of a payment plan.
Additionally they will also work with lenders to help you enjoy better rates when you transfer money into your savings account. This, in turn, will process to pay back creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve registered with them, they will allow you access to your information 24/7. All you need to do is log in to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans credit cards and also line of credit. You can also approach them to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating on tax owed and IRS debt. However, you won’t get assistance with the majority cases, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations may lead to having your debts removed as well.
CuraDebt can also help you settle debt with less than the amount you own. They also allow you to have questions answered during a free consultation with their debt counselor.
The most appealing aspect of their plan is that you only pay the fees when your debt is paid off. All you need to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to resolve different types of taxes like garnishments on wages, tax penalties, personal and corporate taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing and is dependent on the amount you’ll must settle.
They have different solutions in the settlement of the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
Although debt settlement is their forte but they aren’t able to provide all kinds of settlement. CuraDebt only focuses on debt that is not secured. They can’t help you if the loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay tax debts that were due to be paid without difficulty. Furthermore, this service is accessible across all 50 states, if you have a debt to the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve your medical debt. In some cases, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate any student loans that they are owed.
Personal and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you settle each of your outstanding debts.
Additionally, they don’t charge high fees as well. On average, you’ll have to pay as much as 20 percent of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25%.
Moreover, clients can expect to settle their debts within between 2 and 4 years. This varies depending on the amount that you are able to save each month.
Additionally, they claim you can save up to 30% by incorporating their costs into your calculations.
However, this statement will depend on your specific situation. Some clients even mentioned saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Additionally they charge only a 20% fee while most companies charge you 25%.
Then, if you’re done in the process of debt resolution, you could enroll in their credit repair program.
It’s a fantastic method to improve your credit score without having to go in debt again. However, the program lasts differently for each person according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any creditor violations using their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. If you’re trying to build a better rating on your credit, this might delay you from getting rid of your obligations.
CureDebt does not have a mobile app available. While they do have a website that clients can access but it’s aged and simple. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on those types of services. Additionally their 20% service fee is lower than many businesses that charge an additional 25% charge. There are no upfront payments and you’ll only be required to pay once the debt is paid off.
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 yet, which would make it easier to monitor your progress.
But, they do have a good support team and can be reached them not just via email but by phone or by making an e-ticket. Obama Care Tax Relief
If debt is a big issue right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they provide are in your state.
FAQ Obama Care Tax Relief
What is the time frame to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can assist you with issues like delinquent tax issues and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to pay down the amount of debt you have over time.