Have your debts increased lately? Are you burnt out from trying various financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can assist you or help you get into more debt.
According to their clients they can help you manage 80% of your debt , so you are able to take couple of w
orries off your shoulders.
But for some people the claims seem too good to be true.
If you’re looking for anything that can assist you in paying off your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, go to this video in case you would 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 the article for a more comprehensive review of CuraDebt.
About the Company Prince William County Elderly And Disabled Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a participant in 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 CuraDebt do?
Helping you settle your debt is the most well-known feature. They also provide other services that can aid you in becoming more financially secure.
It all begins by requesting a free savings estimate online. This service is very confidential, and they won’t conduct a credit inquiry. By using this estimate of savings, you will learn more about your other options in your journey to debt-free.
Savings estimates, as mentioned earlier, provides you with an idea of your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with credit arbitration if you decide to join. Financial advisors may be able to assist you with your debt-free journey.
Following your debt settlement plan, CuraDebt can be the company to handle all of the calls from your creditors. They’ll also be the ones who will determine the terms of your repayment depending on the condition of your financial situation. Depending on which works most effectively to you, this could be a lump-sum settlement or the option of a payment plan.
Additionally they will be working with creditors to ensure that you have better rates as you deposit money to your savings account, which in turn, will be processed to pay back creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts the client portal to track your performance.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf for most types of debt. This includes medical bills, personal loans credit cards, as well as loans. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They can even help negotiate with back taxes and IRS debt. However, you will not receive support for most cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if they are possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the amount you own. They also allow you to inquire about your debt during their no-cost consultation with their debt advisor.
The best part about the program is that you’ll only pay the fees after your debt has been settled. All you have to do is sign up with one of their plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial records and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
By using this program, you’ll be able to deal with the various types of tax problems such as wage garnishments and tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices and is dependent on the amount you’ll must settle.
They offer different options when it comes to settling 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 types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty however, they do not provide all kinds in debt resolution. CuraDebt only focuses on unsecured debt. They can’t help you if the credit or loan is tied to an item that is physical.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without difficulty. Additionally, this service is accessible to all 50 states in the event that you owe money towards the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling the medical bills. In certain cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students in negotiating the student loans they have to pay.
Personal and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your debts.
They also do not charge high costs either. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15% and 25%.
In addition, customers can expect to settle their debt from 2 to 4 years. However, this also varies according to the amount you save per month.
Also, they claim you can save up to 30% when you factor in their charges into your calculation.
However, the claim may vary, depending on your specific situation. Some customers even claimed to save between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. In addition, they only charge an amount of 20%, while many companies charge 25 percent.
If you’re finished in the process of debt resolution you may join their credit repair program.
It’s an excellent way to restore your credit without going into debt again. However, the program lasts differently for each person, depending on your situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the assistance of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using your credit card. So if you’re trying to increase your rating on your credit, this could set you back while you’re working on your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a website that clients can access however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more for these types of services. In addition, their 20% service fee is less expensive than the majority of companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is paid off.
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 does not have an app that could make it easier for you to monitor your performance.
However, they have a good support team and can be reached them not only through emails but also via phone or making an e-ticket. Prince William County Elderly And Disabled Tax Relief
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 provide are in your area.
FAQ Prince William County Elderly And Disabled Tax Relief
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt offers a program for tax relief to assist you with issues such as late payroll tax and garnishments of wages.
What should I do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down the amount of debt you have over time.