Has your debt increased lately? Are you exhausted from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because already tried every thing.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can help you or help you get into more debt.
According to their clients, they can help you manage 80percent of your debt so that you can finally take a couple of w
orries off your plate.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at the way CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, you can go to this video in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Senior Tax Relief Program York, Maine
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most popular feature. But they offer other services that will assist you in becoming financially stable.
The process starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll learn more about your other options in your journey towards debt-free.
Savings estimates, as mentioned earlier, provides you with an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement plan, CuraDebt will be the company to take care of all your creditor’s calls. They will also be the ones that negotiate the terms of your payment depending on the condition of your finances. Based on what works best to you, this can be either a lump sum settlement or a payment plan.
Moreover, they will work with lenders to help you get better rates when you transfer money into your savings account. This, is then processed to pay back creditors. Their plans can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal to monitor your progress.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards, and loans. They are also able to pay off any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you won’t get assistance with the majority cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of 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 can also assist you in identifying the violations of creditors so that you can have cash settlements, if possible. Some violations can also lead to having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. You can also ask questions during their free consult with their debt counsellor.
The best part about their program is that you will only pay the fees after your debt has been settled. All you have to sign up to any of the plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documentation They will also gather all the documents you’ll require for tax returns.
By using this program, you will be able to solve the various types of tax problems like wage garnishments, tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
There are a variety of options when it comes to the settlement of 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?
While debt settlement is their forte but they aren’t able to provide all kinds in debt resolution. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your loan or debt is linked to an actual item.
If you do have the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to pay tax debts that were due to be paid without any problems. Furthermore, this service is offered 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 kinds of problems.
CuraDebt can also assist in settling your medical debt. In some instances you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students in negotiating any student loans that they have to pay.
Personal and payday loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you settle each of your outstanding debts.
Additionally, they don’t have high-cost costs either. On average, you’ll have to pay up to 20% of the debt you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also differ based on your specific situation. Some clients even mentioned saving 50% to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition they only charge 20% of the cost, whereas most companies charge you 25 percent.
Then, if you’re done by the program for debt relief, you can join their credit repair program.
It’s an excellent way to restore your credit without going into 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 credit to help with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any violations of creditor with the assistance of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop paying with the credit card you use. Therefore, if you’re trying improve your credit score, it may delay you from finishing your credit card debt.
CureDebt doesn’t even offer a mobile application. While they have a website that clients can access, it looks outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on these kinds of services. Additionally the 20% service charge is cheaper than most companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app that will make it easier to look at your performance.
But, they do have a great support team and can be reached them not just via email but also via phone or submitting an e-ticket. Senior Tax Relief Program York, Maine
If credit card is a major problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they provide are in your state.
FAQ Senior Tax Relief Program York, Maine
How long will it take to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt offers a program for tax relief that can assist you with issues like delinquent tax issues and garnishments of wages.
What should I do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.