Are you experiencing debt that has been increasing lately? Are you exhausted from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, your best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can assist you or put you into more debt.
According to their clients they can help you manage 80% of your debt so that you can finally take a couple of things off your plate.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, you can go to this video if you prefer 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 review. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Senior Citizen Tax Relief In Floridia
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide other services that will aid you in becoming more financially secure.
It all begins with requesting a free online savings estimate. This service is very confidential and they will not be doing a credit check. By using this estimate of savings, you will be able to learn more about the alternatives to debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the one to handle all of the calls from your creditors. They will also be the ones that will determine what you will pay for your repayment based on the status of your finances. Depending on which works best for you, it can either be a lump sum settlement or the option of a payment plan.
Furthermore they will also work with lenders to help you get better rates when you transfer money into your savings account, which in turn, will be processed to pay back creditors. The plans they offer can help you pay off the debt in two years.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is login to CuraDebts’ client portal to monitor your progress.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with your debt. They can negotiate settlements on behalf of you for most types of debt. These include medical bills, personal loans, credit cards and also line of credit. They can also be approached to help settle any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating on tax owed and IRS debt. However, you won’t get assistance with the majority cases, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations so that you can have cash settlements, should it be possible. Certain violations may lead to having your debts removed as well.
CuraDebt can also help you settle debt with less than the sum you have. You can also inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of the program is that you’ll only have to pay for the charges once your debt is settled. All you need to sign up to some of their programs and you’ll have the ability to settle each 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 documentation, they will also collect all the paperwork you’ll need for tax returns.
With this program, you will be able to deal with the various types of tax problems like garnishments on wages and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing that is based on the amount that you’ll need to settle.
There are a variety of options when it comes to paying off your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
Although debt settlement is their specialty however, they do not offer all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They aren’t able to help you if the loan or debt is linked to an actual item.
If you do have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay taxes that are due without any issues. Additionally, this service is accessible to all 50 states if you owe money towards the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate the student loans they owe.
Personal loans and payday loans also qualify to be eligible for debt relief programs. 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
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will help you pay it off.
How much will it cost?
The best part about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Additionally, they don’t charge high costs either. On average, you’ll have to pay as much as 20 percent of the debt that you settled with them.
In general, this type of industry charges between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. However, this also varies according to the amount you save per month.
They also claim that you could save as much as 30% when you factor in their charges into your calculation.
However, the claim may depend on your situation. Some customers have even talked about saving between 50% and up to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Additionally they only charge 20% of the cost, whereas many companies charge 25 percent.
Next, if you’re done with the debt settlement program you may also sign up for their credit restoration program.
It’s an excellent method to improve the credit rating without going in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any violations of creditor using their own experts.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with the credit card you use. So if you’re trying to improve your credit score, it might cause you to delay getting rid of your credit card debt.
CureDebt does not offer a mobile application. Although they have a website that clients can access but it’s old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. In addition the 20% service cost is lower than many firms that charge the 25% cost. There are no upfront payments and you’ll only have to pay when your debt is finally settled.
Although they’ll allow you to access an account to see your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app that will make it easier to look at your progression.
However, they have a great support team that you can contact them, not only via emails but also via phone or making an e-ticket. Senior Citizen Tax Relief In Floridia
If problem of debt is an problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your area.
FAQ Senior Citizen Tax Relief In Floridia
How long does it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs to help you with problems like delinquent tax issues and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to lower the amount of debt you have over time.