Have your debts been increasing lately? Are you tired of trying other financial advice and tips but you’re still struggling with unsolved problems?
Perhaps 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 help to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their clients, they can help you manage 80percent of your debts so that you can take couple of things off your mind.
For some the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, you can check out this video instead if you prefer for it to be watched.
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 overview. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Pennsylvania Board Of Appeals Income Tax Penalty Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. They also provide additional services to help you be more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. The service is completely confidential, and they won’t be conducting a credit screening. By using this estimate of savings, you will be able to learn more about the alternatives towards debt-free.
Savings estimates, as mentioned previously, offers you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt is the agency to answer all of the calls from your creditors. They’ll also be the ones that negotiate the terms of your settlement based on the status of your finances. Depending on which works best your situation, the payment can be either a lump sum settlement or a payment plan.
Moreover they will also be working with the creditors so that you can enjoy better rates when you deposit money to your savings account. This, is then processed to pay back creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they will give you access to your information 24/7. All you have to do is log in to CuraDebts the client portal to monitor your progress.
Before you are able to avail their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. They can help with personal loans, medical bills, credit cards and line of credit. You can also approach them to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get assistance for the majority claims, government loans, collateral, and utility bills. They also don’t cover most 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 can also assist you in identifying creditor violations to ensure that you receive cash settlements, if possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. You can also ask questions during their free consultation with their debt advisor.
The best part about their plan is that you will only pay the fees 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 will also handle your tax debt. After they have gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you should be able to deal with different types of taxes like wage garnishments as well as tax penalties for personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing that is based on the amount you’ll must settle.
They offer different options when it comes to paying off your tax debt. 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 assist you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to offer all kinds of settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if the credit or loan is tied to an item that is physical.
If you do have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any problems. Additionally, this service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students with negotiating any student loans that they owe.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their service. They do not charge an upfront cost. You’ll only pay once you settle each of your debts.
Also, they don’t have high-cost charges either. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
On average, this type of business can cost anywhere between 15% and 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. This varies in relation to the amount you can save up per month.
Also, they claim that you could save up to 30% if you include their charges into your calculation.
However, this statement will differ based on your situation. Some clients even mentioned saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done with the debt settlement program, you could join their credit repair program.
It’s a fantastic way to restore the credit rating without going in debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any violations by creditors with the assistance of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with your credit card. If you’re trying to increase your credit score, it might cause you to delay getting rid of your obligations.
CureDebt doesn’t even offer a mobile application. Although they have a website that clients can access but it’s outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on these kinds of services. Moreover their 20% service fee is lower than many firms that charge the 25% cost. There is no upfront payment, 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 but their website isn’t simple to navigate. CuraDebt isn’t even an app, which could make it easier for you to look at your performance.
However, they have a competent support staff that you can contact them not only through emails but by phone or by sending an electronic ticket. Pennsylvania Board Of Appeals Income Tax Penalty Relief
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they provide are in your area.
FAQ Pennsylvania Board Of Appeals Income Tax Penalty Relief
How long does it take to complete 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 assist in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that will assist you with issues such as delinquent payroll taxes and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to lower the amount of debt you have over time.