Has your debt been increasing lately? Are you tired of trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is among the most asked companies. Many people are asking if they can help you or put you into more debt.
According to their clients, they can assist you in managing the majority of your debt so that you can finally take a couple of things off your plate.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. If that’s the case, CuraDebt will mostly be suggested by people. We’ll take a deeper study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can go to this video in case you would prefer watching it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Obamacare Tax Relief And Consumer Choice Act And The Protection From Obamacare Monopolies Act
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. They also provide other services that can aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and won’t conduct a credit inquiry. With this savings estimate you’ll be able to discover more about other options in your journey to debt-free.
Savings estimates, as we’ve mentioned previously, offers you an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration if you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt is the one to answer all of your creditor’s calls. They will also be the ones who will negotiate what you will pay for your repayment in accordance with the state of your financial situation. In determining which option is the best to you, this could be a lump-sum settlement or a payment plan.
Additionally they will also work with creditors so that you can have better rates as you make deposits to your savings account. This in turn, will be processed to pay back the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal to monitor your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you?
Here are some of the ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle most types of debt. These include personal loans, medical bills credit cards, and also loans. You can also approach them to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive assistance for the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you settle debt with less than the sum you have. You can also have questions answered during a free meeting with their debt counselor.
The best part about the program is that you’ll only pay the fees after your debt has been settled. All you need to do is sign up with one of their plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
With this program, you’ll be able to resolve the various types of tax problems like garnishments on wages, tax penalties, personal and corporate taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They only use flat-fee pricing, which depends on the amount you must settle.
They offer different options in paying off your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
Although debt settlement is their forte however, they do not cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They won’t be able to help you if your loan or debt is linked to an item that is physical.
If you do have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without any problems. Furthermore, this service is accessible across all 50 states, if you owe money to the IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some instances you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any loans they owe.
Personal loans and payday loans also qualify to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. Only pay when you’ve paid each of your outstanding debts.
Also, they don’t charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of industry can charge anywhere from 15% to 25 percent.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. This varies according to the amount you are able to save each month.
They also claim that you can save up to 30% by incorporating their costs into your calculations.
However, this statement will differ based on your specific situation. Some customers have even talked about saving 50% to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. Additionally they charge only a 20% fee while most companies charge you 25%.
Next, if you’re done with the debt settlement program you could also sign up for their credit repair program.
It’s a fantastic method to improve your credit score without going in debt again. However, the program runs different for every person, depending on your situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also investigate any violations by creditors using their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with your credit card. If you’re trying to improve your rating on your credit, this could set you back while you’re finishing your obligations.
CureDebt also doesn’t offer a mobile application. While they have a website for clients however, it appears aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more for these types of services. In addition, their 20% service cost is less expensive than the majority of companies that offer the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app that will make it easier to look at your performance.
They do have a good support team that you can contact them, not only via emails but also via phone or submitting an e-ticket. Obamacare Tax Relief And Consumer Choice Act And The Protection From Obamacare Monopolies Act
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they provide are in your state.
FAQ Obamacare Tax Relief And Consumer Choice Act And The Protection From Obamacare Monopolies Act
How long does it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems like delinquent taxes and garnishments on wages.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.