Are you experiencing debt that has increased lately? Are you tired of trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your best way is to approach experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if 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 finally take a couple of w
orries off your mind.
But for some people the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper review of the way CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before starting the review, you can check out this video instead 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 will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Oklahoma Disaster Relief 2021 Tax
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active member 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 restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. But they offer additional services to aid you in becoming more financially secure.
The process starts by requesting a no-cost online savings estimate. It is a completely private service, and they won’t be doing a credit check. With this savings estimate you’ll be able to be able to learn more about the options to debt-free.
Savings estimates, which was mentioned earlier, provides you with an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help you with the process of credit arbitration should you choose to join. Some financial advisors can help you with your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the one to answer all of your creditors’ calls. They’ll also be the ones who will negotiate conditions of the payment depending on the condition of your financial situation. In determining which option is the best to you, this can be a lump-sum settlement or a payment plan.
Moreover they will also work with creditors to ensure that you enjoy better rates when you deposit money to your savings account. This in turn, will be processed to pay off 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 will provide you with access to your data 24/7. All you have to do is log in to CuraDebts’ client portal so that you can monitor your development.
Before you can avail of their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills credit cards, and lines of credit. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get assistance with the majority claims, loans from the government, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, if they are possible. Some violations can also result in having your debts also dismissed.
CuraDebt can also help you repay debt for less than the amount you have. They also allow you to inquire about your debt during their no-cost meeting with their debt counsellor.
The greatest benefit of their plan is that you only have to pay for the charges when your debt is paid off. All you need to do is sign up with any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial records, they will also collect all the necessary paperwork to file tax returns.
By using this program, you should be able to resolve various tax issues like wage garnishments, tax penalties, personal and corporate taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They only offer flat-fee prices, which depends on the amount you have to pay.
They offer different options in paying off the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their forte however, they do not offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any problems. Furthermore, this service is offered to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In some instances you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate any student loans that they have to pay.
Personal loans and payday loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you have obtained from an alternative 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 can assist you in paying it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their services. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
They also don’t have high-cost charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of industry charges between 15 and 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.
They also claim that you could save as much as 30% if you include their fees in your equation.
However, the claim may differ based on your specific situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, let’s explore the benefits of using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. In addition they only charge a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done with the debt settlement program, you could enroll in their credit repair program.
It’s a fantastic way to restore your credit score without going back into debt. The program is however designed different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to help with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor using their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop paying with your credit card. Therefore, if you’re trying build a better rating on your credit, this may cause you to delay working on your debt.
CureDebt also doesn’t offer a mobile application. Although they have a client website however, it appears aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on those types of services. In addition the 20% service charge is cheaper than most firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app that will make it easier to track your progress.
However, they have a competent support staff that you can contact them not just via email but by phone or by making an electronic ticket. Oklahoma Disaster Relief 2021 Tax
If problem of debt is an problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs that they provide are offered in your area.
FAQ Oklahoma Disaster Relief 2021 Tax
How long does it take to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that can assist you with issues such as delinquent payroll tax and garnishments of wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.