Have your debts increased lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In most cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can assist you or help you get into more debt.
According to their clients, they can assist you in managing 80percent of your debt so that you can take couple of worries off your mind.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can solve for you.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before starting the review, check out this video instead in case you would prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Rebate And Relief In Income Tax
CuraDebt is an organization that deals with debt relief in 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 has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. But they offer other services that will assist you in becoming financially secure.
First of all, it starts by requesting a no-cost savings estimate online. This service is very confidential and won’t conduct a credit inquiry. With this estimate of savings you’ll discover more about alternatives to debt-free.
Savings estimates, as we’ve mentioned previously, offers you an insight into your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the agency to take care of all the calls from your creditors. They will also be the ones that 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 either a lump sum settlement or an installment plan.
Furthermore they will also be working with creditors to ensure that you have better rates as you transfer money into your savings account. This in turn, will process to pay off the creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they will allow you access to your account information 24 hours a day. All you need to do is log in to CuraDebts the client portal to track your progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills credit cards, as well as line of credit. They can also be approached to settle any outstanding amount on business debts and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t receive support for most claims, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with laws like those of 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, should it be possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you settle debt with less than the amount you own. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The greatest benefit of their program is that you will only pay the fees once your debt is settled. All you have to sign up to any of the plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you’ll be able to resolve different types of taxes such as wage garnishments, tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices that is based on the amount you have to pay.
They offer different options for settling your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their forte, they don’t cater to all types in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if the credit or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to settle your past-due tax debts without any problems. Furthermore, this service is offered to all 50 states in the event that you owe money towards the IRS. There are federal tax experts to assist you with the issues.
CuraDebt will also help you resolve your medical debt. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students in negotiating the student loans they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card, CuraDebt will assist you in paying it off.
What is the cost?
The best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
Additionally, they do not charge high charges either. On average, you’ll have to pay between 20 and 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15 and 25 percent.
Moreover, clients can expect to pay off their debts in two to four years. However, this also varies depending on the amount that you are able to save each month.
Additionally, they claim you can save up to 30% when you factor in their costs into your calculations.
However, the claim may vary, depending on your specific situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Additionally they charge only a 20% fee while most companies charge you 25 percent.
Then, if you’re done by the program for debt relief, you can join their credit repair program.
It’s a fantastic option to rebuild your credit without having to go into debt again. However, the program lasts in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your financial obligations 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 of creditor using their own experts.
The drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using your credit card. So if you’re trying to increase your credit score, it might cause you to delay finishing your debt.
CureDebt does not have a mobile app. While they have a website for clients but it’s old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on those types of services. In addition, their 20% service fee is lower than many firms that charge a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt does not have an app that could make it easier for you to look at your progress. Rebate And Relief In Income Tax
But, they do have a great support team that you can contact them not only through emails but also via phone or sending an e-ticket. Rebate And Relief In Income Tax
If your problem of debt is an issue right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your state.
FAQ Rebate And Relief In Income Tax
What is the time frame to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt offers a program for tax relief that will assist you with issues such as late payroll taxes and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower your debt over time.