Have your debts increased lately? Are you tired of trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they can help you or help you get into more debt.
According to their clients they can help you control the majority of your debt , so you can finally take a couple of things off your mind.
For some they believe these claims are too good to be true.
You might be looking for anything that can assist you in paying off your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before you begin 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 check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Oneonta Tax Relief Info
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide additional services to help you be more financially stable.
First of all, it begins with requesting a free savings estimate on the internet. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings you’ll learn more about your alternatives towards debt-free.
This estimate of savings, which was mentioned previously, offers you an idea of your choices, regardless of whether 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. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt is the agency to answer all of your creditor’s calls. They will also be the ones who will determine what you will pay for your settlement depending on the condition of your finances. Based on what works most effectively for you, it could either be a lump sum settlement or the option of a payment plan.
Additionally they will be working with the creditors to ensure that you have better rates as you make deposits to your savings account. This in turn, will be processed to pay back creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll allow you access to your data 24/7. All you need to do is log in to CuraDebts’ client portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for the majority of 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, collections, or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, if possible. Certain violations could lead to having your debts also dismissed.
CuraDebt can also help you settle debt with less than the sum you have. They also allow you to have questions answered during a free consultation with their debt advisor.
The best part about the program is that you only pay the fees when your debt is paid off. All you need to do is sign up with any of the plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial records, they will also collect all the necessary paperwork to file tax returns.
With this program, you’ll be able to deal with different types of taxes like wage garnishments and tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
They have different solutions in the settlement of taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to provide all kinds of settlement. CuraDebt is only focused on loans that are not secured. They aren’t able to assist you if your debt or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without difficulty. Furthermore, this service is available to all 50 states in the event that you owe money to the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In certain cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students in negotiating any loans they owe.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines you obtained from another bank or financial institution.
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 will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They do not charge an upfront cost. Only pay when you settle each of your outstanding debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay as much as 20 percent of the debt that you settled with them.
On average, this type of industry can charge anywhere between 15% and 25 percent.
Moreover, clients can expect to settle their debts within 2 to 4 years. This varies according to the amount you can save up per month.
Also, they claim that you could save up to 30% by incorporating their costs into your calculations.
However, this statement will vary, depending on the situation. Some customers have even talked about saving 50% to 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, let’s explore the benefits of using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done in the process of debt resolution, you could also sign up for their credit restoration program.
It’s a great option to rebuild your credit without having to go back into debt. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the help of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. Therefore, if you’re trying improve your rating on your credit, this might delay you from getting rid of your debt.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients but it’s outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more for these types of services. Moreover, their 20% service charge is lower than many firms that charge the 25% cost. There is no upfront payment and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to monitor your performance.
But, they do have a great support team that you can contact them not just via email but also by phone or sending an electronic ticket. Oneonta Tax Relief Info
If the debt is a big issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they offer are available in your area.
FAQ Oneonta Tax Relief Info
How long does it take to finish the program?
The average program is between 24 and 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 offers a program for tax relief that can aid you in dealing with problems such as late payroll tax and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in 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.