Has your debt been piling up lately? Are you tired of trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, your most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they can help you or put you into more debt.
According to their clients, they can help you control 80% of your debt , so you can take few things off of your plate.
However, for certain people the claims seem too good to be true.
If you’re looking for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before starting the review, go to this video in case you would prefer for it to be watched.
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 review. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Sales Tax Relief For Flood Victims In Missouri
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active member 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, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will assist you in becoming financially secure.
The process starts by requesting a no-cost savings estimate online. It is a completely private service and they will not conduct a credit inquiry. By using this estimate of savings you’ll learn more about your options to debt-free.
The savings estimate, as mentioned before, gives 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 help you with credit arbitration if you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt is the company to take care of all your creditors’ calls. They’ll also be the ones that determine the terms of your repayment based on the status of your financial situation. In determining which option is the best for you, it can be either a lump sum settlement or a payment plan.
Additionally they will also be working with creditors so that you can get better rates when you transfer money into your savings account. This is then processed to pay creditors. Their plans can help you get rid of debt in just the period of 48 months.
After you’ve registered with them, they’ll give you access to your information 24/7. All you have to do is sign in to CuraDebts’ client portal so that you can monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to be:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal your debt. They are able to negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards, as well as line of credit. They are also able to settle any outstanding amount on business debts and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, should it be possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also inquire about your debt during their no-cost consult with their debt advisor.
The most appealing aspect of their program is that you only have to pay for the charges once your debt is settled. All you have to sign up for some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
Through this program, you’ll be able to solve different types of taxes like wage garnishments as well as tax penalties for personal and taxation for business as well as back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They use only flat-fee pricing, which depends on the amount that you’ll must settle.
They offer different options when it comes to the settlement of 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 help you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They can’t help you if your loan or debt is linked to a physical item.
However, if you have the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off your past-due tax debts without any problems. Additionally, this service is available to all 50 states if you have a debt in arrears to IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt will also help you resolve your medical debt. In some instances, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students in negotiating any student loans that they are owed.
Personal loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from another bank or financial institution.
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’s pricing is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
Also, they don’t charge high fees as well. In the average, you’ll need to pay up to 20 percent of the debt you settled with them.
On average, this type of industry charges between 15 and 25%.
In addition, customers can expect to settle their debts within between 2 and 4 years. But, it also differs according to the amount you are able to save each month.
Also, they claim that you can save as much as 30% if you include their charges into your calculation.
However, the claim may depend on your situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. Furthermore, they only charge a 20% fee while many companies charge 25%.
Next, if you’re done by the program for debt relief, you could also sign up for their credit restoration program.
It’s an excellent way to restore the credit rating without going into debt again. However, the program runs differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors with the help of their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with the credit card you use. If you’re trying to build a better rating on your credit, this could cause you to delay finishing your debt.
CureDebt doesn’t even have a mobile app. While they have a client website however, it appears old and mundane. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on those types of services. In addition their 20% service fee is lower than many companies that offer a 25% fee. There is no upfront payment, and you will only have to pay when the debt is paid off.
Although they’ll give you an account to see your progress but their website isn’t user-friendly. CuraDebt does not have an app that will make it easier to track your progress.
But, they do have a great support team and can be reached them not just via email but by phone or by sending an e-ticket. Sales Tax Relief For Flood Victims In Missouri
If the credit card is a major issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Sales Tax Relief For Flood Victims In Missouri
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt has a tax relief program that will assist you with issues such as late 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 the team and pay the required payments to lower your debt over time.