Has your debt been increasing lately? Are you burnt out from trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is among the most asked companies. Many customers have asked if they can help 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.
You might be looking for anything that can help you resolve your debt. If that’s the case, CuraDebt will mostly be suggested by people. We’ll take a deeper look at how CuraDebt works and what problems it can solve for you.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, watch this video instead for a more relaxing way watching 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’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Social Security Tax Relief For Connecticut Seniors
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a part of 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 limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that can aid you in becoming more financially stable.
The process begins by requesting a free savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. With this savings estimate, you will learn more about your options to be debt-free.
This estimate of savings, as mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to join. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program, CuraDebt is the agency to take care of all your creditors’ calls. They’ll also be the ones that determine the terms of your payment based on the status of your finances. In determining which option is the best for you, it could be a lump-sum settlement or a payment plan.
Moreover, they will be working with the lenders to help you enjoy better rates when you deposit money to your savings account. This, in turn, will process to pay creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll allow you access to your data 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills credit cards, and lines of credit. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. But, you won’t receive 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 assist you with laws like the 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, should it be possible. Some violations can also result in having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. They also allow you to have questions answered during a free meeting with their debt advisor.
The best part about their plan is that you will only have to pay for the charges when your debt is paid off. All you need to sign up for one of their plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
With this program, you’ll be able to deal with different types of taxes like garnishments on wages, tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices that is based on the amount you must settle.
They have different solutions for settling 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 kind of debt can they help you with?
While debt settlement is their specialization but they aren’t able to provide all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if the credit or loan is tied to an actual item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any problems. Moreover, this type of service is available to all 50 states in the event that you have a debt to the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt can also assist in settling your medical debt. In certain cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students with negotiating any loans they owe.
Personal loans and payday loans also qualify to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
They also don’t charge high fees as well. In the average, you’ll need to pay up to 20% of the debt you settled with them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs depending on the amount that you can save up per month.
Also, they claim that you can save as much as 30% by incorporating their costs into your calculations.
But this claim will also differ based on your specific situation. Some customers have even talked about saving 50% to up to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s explore the benefits from using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. In addition, they only charge a 20% fee while many companies charge 25 percent.
If you’re finished by the program for debt relief you may join their credit repair program.
It’s a great way to restore your credit score without having to go in debt again. The program is however designed differently for each person, depending on your situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t inflate as time passes. 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 negatives of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using your credit card. If you’re trying to increase your credit score, it could set you back while you’re finishing your obligations.
CureDebt also doesn’t have a mobile app available. While they do have a website that clients can access but it’s old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on these kinds of services. In addition their 20% service cost is cheaper than most firms that charge the 25% cost. There aren’t any upfront fees, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app yet, which could make it easier for you to track your performance.
They do have a good support team that you can contact them not just via email but also by phone or submitting an electronic ticket. Social Security Tax Relief For Connecticut Seniors
If credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services they provide are in your area.
FAQ Social Security Tax Relief For Connecticut Seniors
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program to help you with problems such as late payroll tax and garnishments on wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to lower your debt over time.