Have your debts been increasing lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they are able to help or put you in more debt.
According to their clients they can help you manage the majority of your debt , so you can finally take a couple of things off your shoulders.
However, for certain people they believe these claims are too good to be true.
If you’re looking for any solution that could aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, you can go to this video for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you will want to read the rest of the article for a more comprehensive review.
About the Company School Tax Relief Program Ny
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. They also provide other services that can assist you in becoming financially stable.
It all starts by requesting a no-cost online savings estimate. It is a completely private service and won’t be doing a credit check. With this estimate of savings, you will learn more about your other options in your journey to be debt-free.
Savings estimates, as we’ve mentioned previously, offers you an insight into your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with credit arbitration if you decide to sign up. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program, CuraDebt will be the company to take care of all the calls from your creditors. They will also be the ones who negotiate what you will pay for your repayment depending on the condition of your financial situation. Depending on which works most effectively your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Moreover they will be working with the creditors so that you can enjoy better rates when you make deposits to your savings account. This in turn, will process to pay off creditors. The plans they offer can help you settle the debt within two years.
Once you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is sign in to CuraDebts the client portal to track your performance.
Before you can avail of 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
- Verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with personal loans, medical bills, credit cards and also line of credit. They can also be approached to pay off any remaining balance on business debt, collections, or repossessions.
They can even help negotiate on tax owed as well as IRS debt. But, you won’t receive support for most of your lawsuits, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will 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 to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you settle debt with less than the sum you have. They also allow you to ask questions during their free consult with their debt advisor.
The most appealing aspect of their program is that you only pay the fees once your debt is settled. All you need to sign up to some of their programs, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to deal with various tax issues like wage garnishments and tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices that is based on the amount that you’ll need to settle.
They offer different options when it comes to settling the 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 are they able to help with?
While debt settlement is their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They aren’t able to assist you if your debt or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they’ll 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 in the event that you have a debt towards the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling your medical debt. In certain cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students with negotiating the student loans they have to pay.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail if you have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards, CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your outstanding debts.
They also don’t charge high costs either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. This varies according to the amount you are able to save each month.
They also claim that you can save as much as 30% by incorporating their costs into your calculations.
However, the claim may depend on your specific situation. Some customers even claimed to save 50% to 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can offer you let’s explore the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Additionally, they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you could join their credit restoration program.
It’s a great option to rebuild your credit score without having to go in debt again. The program is however designed differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations by creditors with the assistance of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with the credit card you use. If you’re trying to improve your rating on your credit, this may set you back while you’re finishing your credit card debt.
CureDebt also doesn’t have a mobile app available. While they do have a website for clients but it’s old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more for these types of services. Moreover, their 20% service charge is lower than many businesses that charge the 25% cost. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt does not have an app that could make it easier for you to track your progress.
They do have a competent support staff, and you can reach them, not only via emails but also by phone or sending an electronic ticket. School Tax Relief Program Ny
If debt is a big problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the programs they offer are available in your state.
FAQ School Tax Relief Program Ny
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt has a tax relief program that can help you with problems such as delinquent payroll tax and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.