Has your debt been piling up lately? Are you tired of trying various financial tips and advice but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients, they can assist you in managing 80percent of your debts so that you can take couple of w
orries off your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at how CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, check out this video instead in case you would prefer for it to be watched.
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 review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Small Business Tax Relief Bill
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. They also provide other services that will help you be more financially stable.
First of all, it 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. By using this estimate of savings you’ll be able to be able to learn more about the options towards debt-free.
The savings estimate, which was mentioned previously, offers you an idea of 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 enroll. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to take care of all your creditor’s calls. They’ll also be the ones that determine what you will pay for your settlement in accordance with the state of your financial situation. Based on what works best your situation, the payment can either be a lump sum settlement or an installment plan.
Furthermore they will be working with lenders to help you get better rates when you transfer money into your savings account, which is then processed to pay back creditors. Their programs can assist you to pay off the debt in two years.
Once you’ve signed up with them, they will give you access to your data 24/7. All you have to do is log in to CuraDebts the client portal so that you can monitor your development.
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CuraDebt’s Requirements
Before you are able to avail the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
Debt Relief
The name of the company suggests that CuraDebt can help you deal with your debt. They can negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans credit cards, and also loans. They can also be approached to pay off any remaining balance on business debt, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you won’t get assistance with the majority cases, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors in order to get cash settlements, if possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you have. Additionally, you can ask questions during their free consult with their debt counselor.
The most appealing aspect of the program is that you only have to pay for the charges once your debt is settled. All you have to do is sign up with some of their programs and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial documentation They will also gather all the necessary paperwork for tax returns.
With this program, you should be able to deal with the various types of tax problems such as garnishments on wages and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
There are a variety of options for 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
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What kind of debt can they assist you with?
While debt settlement is their specialty, they don’t provide all kinds of settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if the debt or loan is tied to a physical item.
If, however, you are in one of the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt, you should be able to settle taxes that are due without difficulty. Furthermore, this service is available 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 the issues.
Medical Debt
CuraDebt can also help resolve the medical bills. In certain cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students negotiate any loans they are owed.
Personal Loan
Personal and payday loans are also eligible for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. You’ll only pay once you settle each of your debts.
They also do not charge high costs either. On average, you’ll be required to pay up to 20% of the debt you settled through them.
On average, this type of business can cost anywhere between 15 and 25 percentage.
Moreover, clients can expect to settle their debts within two to four years. However, this also varies depending on the amount that you can save up per month.
Also, they claim that you could save up to 30% by incorporating their charges into your calculation.
However, the claim may vary, depending on the situation. Some clients even mentioned saving 50 to 80%.
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The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. In addition they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution, you can enroll in their credit repair program.
It’s a great way to restore your credit without having to go into debt again. However, the program lasts in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any violations by creditors with the assistance of their in-house experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with . Therefore, if you’re trying increase your credit score, it might delay you from finishing your obligations.
CureDebt does not offer a mobile application. While they do have a client website but it’s aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on these kinds of services. In addition the 20% service cost is lower than many firms that charge a 25% fee. There are no upfront payments and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app, which could make it easier for you to track your performance.
However, they have a great support team and can be reached them, not only via emails but by phone or by sending an electronic ticket. Small Business Tax Relief Bill
If problem of debt is an problem, then 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.
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FAQ Small Business Tax Relief Bill
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 the agreement on the settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt offers a program for tax relief that will aid you in dealing with problems such as delinquent payroll tax issues and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower the amount of debt you have over time.