Has your debt been piling up lately? Are you burnt out from trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In most cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they can help you or put you into more debt.
According to their clients they can assist you in managing 80% of your debts so that you are able to take couple of things off your mind.
For some the claims seem too good to be true.
If you’re looking for something that will aid you in settling your debt. In that case, CuraDebt will mostly be recommended by people. We’ll take a deeper review of the way CuraDebt works and what problems it could help solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, go to this video if you prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Senior Tax Relief Maine
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and 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 popular feature. But they offer other services that can help you be more financially stable.
It all begins by requesting a free savings estimate on the internet. It is a completely private service and they will not be doing a credit check. With this estimate of savings you’ll learn more about your alternatives to be debt-free.
The savings estimate, as we’ve mentioned previously, offers you an idea of your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt is the company to take care of all the calls from your creditors. They will also be the ones who determine the terms of your payment based on the status of your finances. Depending on which works best to you, this can be either a lump sum settlement or the option of a payment plan.
Moreover they will also work with creditors to ensure that you get better rates when you make deposits to your savings account. This, in turn, will be processed to pay back the creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is log in to CuraDebts Client Portal to monitor your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf to settle most types of debt. This includes medical bills, personal loans credit cards and also lines of credit. You can also approach them to settle any outstanding amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance with the majority claims, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, should it be possible. Some violations can also lead to having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you have. They also allow you to inquire about your debt during their no-cost consultation with their debt counsellor.
The most appealing aspect of the program is that you will only be charged once your debt is settled. All you have to do is sign up with any of the plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documents They will also gather all the documents you’ll require for tax returns.
Through this program, you’ll be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs either. They use only flat-fee pricing that is based on the amount you’ll have to pay.
There are a variety of options in the settlement of your 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 types of debt can they assist you with?
While debt settlement is their specialty however, they do not cater to all types of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able pay off taxes that are due without any issues. Additionally, this service is available across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also assist in settling your medical debt. In some cases you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students in negotiating the student loans they owe.
Personal and payday loans are also eligible for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Also, they don’t have high-cost costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry can charge anywhere between 15 and 25 percentage.
Moreover, clients can expect to pay off their debts in 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 as much as 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on your situation. Some customers even claimed to save 50% to 80percent.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge a 20% fee while the majority of companies charge 25 percent.
If you’re finished by the program for debt relief, you could enroll in their credit repair program.
It’s a fantastic method to improve your credit score without going back into debt. However, the program lasts different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with the credit card you use. If you’re trying to increase your standing on credit scores, you might delay you from finishing your debt.
CureDebt doesn’t even have a mobile app. While they have a client website however, it appears outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on those types of services. Additionally the 20% service cost is less expensive than the majority of firms that charge a 25% fee. There are no upfront payments and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account to see your progress however, 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 good support team, and you can reach them not just via email but also via phone or submitting an electronic ticket. Senior Tax Relief Maine
If credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Senior Tax Relief Maine
What is the time frame to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will help you with problems such as delinquent payroll taxes 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 the team and make the necessary payments to lower the amount of debt you have over time.