Have your debts been increasing lately? Are you exhausted from trying other financial advice and strategies but still have unsolved issues?
Maybe 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 assist you settle this 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 into more debt.
According to their customers, they can assist you in managing 80percent of your debts so that you can finally take a couple of things off your mind.
For some, these claims are just too good to be true.
You might be looking for something that will assist you in paying off your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, you can watch this video instead if you 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 overview. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Self Assessment Charity Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. However, they also offer other services that can help you be more financially secure.
The process begins by requesting a free savings estimate on the internet. This service is very confidential and they will not be conducting a credit screening. By using this estimate of savings, you will discover more about other options in your journey to be debt-free.
This estimate of savings, which was mentioned before, gives you an insight into your choices 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 in the event that you decide to join. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement plan, CuraDebt will be the one to take care of all your creditors’ calls. They will also be the ones that will determine conditions of the settlement in accordance with the state of your financial situation. In determining which option is the best to you, this could be either a lump sum settlement or the option of a payment plan.
Moreover they will work with lenders to help you have better rates as you deposit money to your savings account, which in turn, will process to pay back the creditors. Their programs can assist you to settle the debt within two years.
After you’ve registered with them, they will allow you access to your data 24/7. All you have to do is sign in to CuraDebts Client Portal to track your performance.
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards and also line of credit. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get assistance for the majority cases, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation in order to get cash settlements, should it be possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt lets you pay off debts with less than the amount you own. Additionally, you can inquire about your debt during their no-cost meeting with their debt counselor.
The best part about their plan is that you’ll only pay the fees after your debt has been settled. All you need to do is sign up with one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial records They will also gather all the paperwork you’ll need to file tax returns.
By using this program, you will be able to solve different types of taxes such as wage garnishments and tax penalties, personal and business taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only use flat-fee pricing that is based on the amount you have to pay.
They have different solutions for settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt are they able to help with?
While debt settlement is their forte however, they do not offer all kinds of settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if your credit or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any issues. Additionally, this service is accessible to all 50 states in the event that 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 can also assist in settling the medical bills. In certain cases you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students with negotiating any student loans that they owe.
Personal and payday 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 an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card CuraDebt can help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you have paid off all of your outstanding debts.
Also, they don’t charge high charges either. On average, you’ll have to pay as much as 20% of the debt you settled through them.
In the average, this kind of business can cost anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. However, this also varies according to the amount you save per month.
Also, they claim that 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 80percent.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. In addition they charge only 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished with the debt settlement program, you could enroll in their credit restoration program.
It’s an excellent method to improve the credit rating without having to go into debt again. The program is however designed different for every person, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means your debt won’t increase over time. They’ll also be looking into any violations of creditor with the assistance of their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using your credit card. If you’re trying to improve your standing on credit scores, you may set you back while you’re finishing your debt.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients, it looks aged and simple. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not credited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on those types of services. Moreover the 20% service fee is lower than many companies that offer an additional 25% charge. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app, which would make it easier to track your performance. Self Assessment Charity Tax Relief
They do have a great support team and can be reached them not only through emails but also by phone or sending an e-ticket. Self Assessment Charity Tax Relief
If problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs that they provide are offered in your state.
FAQ Self Assessment Charity Tax Relief
How long will it take to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll tax issues and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.