Have your debts been piling up lately? Are you tired of trying different financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In most cases, the best option is to speak with professionals that can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether 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 you can take couple of w
orries off your mind.
For some the claims seem too good to be true.
If you’re looking for anything that can aid you in settling your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll take a deeper look at the way CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, watch this video instead in case you would prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Republicans Tax Relief Plan
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer additional services to aid you in becoming more financially stable.
It all begins by requesting a free online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll learn more about your other options in your journey to be debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help you with credit arbitration if you decide to enroll. Some financial advisors can help you with your debt-free journey.
After your debt settlement program, CuraDebt is the agency to handle all of your creditor’s calls. They will be the ones who determine what you will pay for your repayment based on the status of your financial situation. Based on what works most effectively your situation, the payment could be either a lump sum settlement or a payment plan.
Moreover, they will be working with the creditors to ensure that you get better rates when you deposit money to your savings account. This, in turn, will be processed to pay back creditors. Their programs can assist you to settle the debt within two years.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is log in to CuraDebts Client Portal to monitor your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills, credit cards as well as line of credit. They are also able to pay off any remaining amount on business debts and collections or repossessions.
They can even help negotiate on tax owed as well as IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, if they are possible. Certain violations could lead to having your debts also dismissed.
CuraDebt lets you settle debt with less than the amount you own. You can also inquire about your debt during their no-cost meeting with their debt counsellor.
The greatest benefit of their plan is that you only be charged once your debt is settled. All you need to do is sign up with some of their programs and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documentation, they will also collect all the necessary paperwork for tax returns.
With this program, you should be able to resolve different types of taxes such as wage garnishments as well as tax penalties for personal and business taxes as well as back taxes as well as 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 need to settle.
They offer different options in 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 kind of debt can they assist you with?
While debt settlement is their specialty however, they do not offer all kinds of settlement. CuraDebt only focuses on loans that are not secured. They aren’t able to assist you if your credit or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle tax debts that were due to be paid without any problems. Additionally, this service is available to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt will also help you resolve your medical debt. In some instances, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students negotiate the student loans they have to pay.
Payday loans and personal 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 have obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
On average, this type of industry charges between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within two to four years. However, this also varies according to the amount you save per month.
Additionally, they claim you can save as much as 30% if you include their charges into your calculation.
However, this statement will vary, depending on the situation. Some customers even claimed to save 50% to 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s look into the advantages from using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas many companies charge 25%.
Then, if you’re done by the program for debt relief, you could join their credit repair program.
It’s a great option to rebuild your credit without having to go into debt again. However, the program runs in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations of creditor with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using the credit card you use. Therefore, if you’re trying increase your standing on credit scores, you may delay you from getting rid of your obligations.
CureDebt also doesn’t have a mobile app. While they do have a client website but it’s aged and simple. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not credited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on those types of services. Additionally, their 20% service cost is lower than many companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app yet, which will make it easier to look at your performance.
They do have a competent support staff and can be reached them not only through emails but also by phone or sending an e-ticket. Republicans Tax Relief Plan
If the credit card is a major problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they offer are available in your area.
FAQ Republicans Tax Relief Plan
How long will it take to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that can assist you with issues such as late payroll tax issues and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down your debt over time.