Have your debts increased lately? Are you exhausted from trying various financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best way is to approach experts who can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if 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 finally take a couple of w
orries off your mind.
For some the claims seem too good to be true.
You might be looking for something that will help you resolve your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, watch this video instead if you 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 our article for a more comprehensive review.
About the Company Sales Tax Relief Credit
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. They also provide additional services to assist you in becoming financially stable.
It all starts by requesting a no-cost online savings estimate. It is a completely private service and they will not conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about options towards debt-free.
The savings estimate, which was mentioned previously, offers you an insight into your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to join. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement plan, CuraDebt will be the one to handle all of your creditors’ calls. They’ll be the ones who negotiate what you will pay for your repayment in accordance with the state of your finances. Based on what works best for you, it could be either a lump sum settlement or an installment plan.
Furthermore, they will work with creditors so that you can have better rates as you transfer money into your savings account. This is then processed to pay off creditors. Their plans can help you get rid of debt in just two years.
Once 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’ client portal so that you can monitor your progress.
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CuraDebt’s Requirements
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
Debt Relief
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills, credit cards and also loans. They can also be approached to settle any outstanding amount on business debts collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive support for most cases, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, if they are possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the amount you have. Additionally, you can ask questions during their free consult with their debt advisor.
The best part about the program is that you only pay the fees once your debt is settled. All you need to sign up for some of their programs and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents, they will also collect all the documents you’ll require for tax returns.
With this program, you will be able to solve different types of taxes such as garnishments on wages, tax penalties, personal and business taxes and back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices, which depends on the amount that you’ll must settle.
They have different solutions when it comes to the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What kind of debt can they help you with?
Although debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt concentrates on unsecured debt. They can’t assist you if your credit or loan is tied to a physical item.
However, if you have the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt, you should be able to settle taxes that are due without difficulty. Additionally, this service is offered to all 50 states in the event that you have a debt in arrears to IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
Medical Debt
CuraDebt will also help you resolve the medical bills. In certain cases, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students in negotiating any loans they have to pay.
Personal Loan
Payday loans and personal loans are also eligible for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your debts.
Also, they don’t charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of industry charges between 15% and 25 percent.
In addition, customers can expect to settle their debts within between 2 and 4 years. This varies in relation to the amount you are able to save each month.
They also claim that you could save up to 30% by incorporating their charges into your calculation.
But this claim will also differ based on the situation. Some customers even claimed to save 50 to 80%.
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The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25%.
If you’re finished by the program for debt relief, you may join their credit repair program.
It’s a great way to restore your credit score without going back into debt. However, the program lasts different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any creditor violations with the assistance of their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using the credit card you use. So if you’re trying to improve your credit score, it may delay you from finishing your credit card debt.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access however, it appears old and mundane. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more for these types of services. Additionally their 20% service cost is less expensive than the majority of firms that charge a 25% fee. There are no upfront payments, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account to see your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app that would make it easier to track your progression.
They do have a great support team and can be reached them, not only via emails but also by phone or making an electronic ticket. Sales Tax Relief Credit
If your debt is a big issue right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services that they provide are offered in your state.
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FAQ Sales Tax Relief Credit
How long does it take to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt offers a program for tax relief that will help you with problems like delinquent tax issues and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to lower your debt over time.