Are you experiencing debt that has been increasing lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, your best option is to speak with experts who can assist you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can assist you or help you get into more debt.
According to their customers, they can help you manage the majority of your debts so that you can finally take a couple of things off your plate.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt works and what problems it can help you solve.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before you begin the review, go to this video for a more relaxing way watching it.
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. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company State Tax Relief Program
CuraDebt is an organization that deals with debt relief in 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 through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most popular feature. But they offer other services that can assist you in becoming financially secure.
First of all, it begins by requesting a free savings estimate on the internet. The service is completely confidential and won’t conduct a credit inquiry. With this estimate of savings, you will be able to learn more about the alternatives towards debt-free.
This estimate of savings, 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 assist you in navigating credit arbitration if you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt can be the one to handle all of your creditor’s calls. They’ll also be the ones that negotiate conditions of the settlement based on the status of your finances. Depending on which works best your situation, the payment can be a lump-sum settlement or the option of a payment plan.
Moreover, they will work with creditors so that you can enjoy better rates when you transfer money into your savings account. This, is then processed to pay creditors. The plans they offer can help you get rid of debt in just two years.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts’ client portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are some of the ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on behalf of you for the majority of types of debt. They can help with personal loans, medical bills, credit cards and loans. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, 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 that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you pay off debts with less than the amount you own. They also allow you to ask questions during their free consult with their debt advisor.
The greatest benefit of the program is that you’ll only be charged when your debt is paid off. All you have to sign up for some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
By using this program, you’ll be able to resolve the various types of tax problems like wage garnishments, tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount that you’ll have to pay.
They offer different options for the settlement of the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although debt settlement is their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt only focuses on debt that is not secured. They can’t help you if your loan or debt is linked to an actual item.
If, however, you are in the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any issues. Additionally, this service is offered to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students in negotiating the student loans they are owed.
Personal and payday loans also qualify for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. Only pay when you have paid off all of your debts.
Also, they don’t charge high costs either. In the average, you’ll need to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25 percent.
In addition, customers can expect to settle their debts within two to four years. But, it also differs according to the amount you can save up per month.
Additionally, they claim that you could save as much as 30% if you include their costs into your calculations.
However, this statement will vary, depending on your situation. Some customers even claimed to save between 50% and 80percent.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas the majority of companies charge 25%.
Then, if you’re done in the process of debt resolution, you may enroll in their credit repair program.
It’s a great way to restore your credit without having to go into debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also be looking into any violations of creditor using their experts in-house.
Some disadvantages to using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using the credit card you use. Therefore, if you’re trying increase your standing on credit scores, you may delay you from getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a client website but it’s aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not accredited with 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 pay off your debts without spending more on those types of services. Moreover, their 20% service charge is less expensive than the majority of firms that charge an additional 25% charge. There are no upfront payments, and you will only have to pay when the debt is paid off.
Although they’ll give you an account to see your progress but their website isn’t user-friendly. CuraDebt does not have an app that could make it easier for you to look at your progression.
But, they do have a competent support staff, and you can reach them not just via email but also via phone or submitting an e-ticket. State Tax Relief Program
If your problem of debt is an problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they provide are in your area.
FAQ State Tax Relief Program
What is the time frame to complete the program?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt provides tax relief programs that will aid you in dealing with problems such as delinquent payroll tax and garnishments on wages.
What should I do after joining the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.