Are you experiencing debt that has increased lately? Are you tired of trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried 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 most asked companies. Many customers have asked if they are able to help or put you into more debt.
According to their customers, they can assist you in managing 80% of your debt , so you are able to 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 help you resolve your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper study of the way CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, watch this video instead in case you would prefer watching it.
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 review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company State Tax + Sc +Relief Hardship 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 has been accredited through 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 pay off your debt is the most popular feature. They also provide other services that will assist you in becoming financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings, you will be able to learn more about the options towards debt-free.
Savings estimates, as mentioned previously, offers you an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program, CuraDebt can be the one to handle all of the calls from your creditors. They’ll also be the ones that negotiate what you will pay for your settlement in accordance with the state of your finances. In determining which option is the most effectively for you, it can be either a lump sum settlement or the option of a payment plan.
Additionally they will also be working with creditors so that you can have better rates as you make deposits to your savings account. This in turn, will be processed to pay off creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts’ client portal to monitor your development.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist 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 for most types of debt. These include medical bills, personal loans, credit cards as well as lines of credit. They are also able to pay off any remaining amount on business debts and collections or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance for the majority of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if they are possible. Certain violations could cause your debt to be removed as well.
CuraDebt can also help you settle debt with less than the amount you have. They also allow you to have questions answered during a free consultation with their debt counselor.
The greatest benefit of their program is that you will only be charged when your debt is paid off. All you need to do is sign up with any of the plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
With this program, you should be able to resolve different types of taxes such as garnishments on wages as well as tax penalties for personal and corporate taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices that is based on the amount that you’ll have to pay.
There are a variety of options in paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they help you with?
While debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if the loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay taxes that are due without any issues. Furthermore, this service is available across all 50 states, if you owe money towards the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students negotiate any student loans that they owe.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their service. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
They also do not charge high charges either. On average, you’ll have to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of business can cost anywhere from 15% to 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies according to the amount you save per month.
Additionally, they claim that you can save as much as 30% if you include their costs into your calculations.
However, this statement will vary, depending on the situation. Some clients even mentioned saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program you may also sign up for their credit repair program.
It’s an excellent way to restore the credit rating without having to go in debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means your debt won’t increase over time. They’ll also be looking into any violations by creditors using their in-house experts.
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 stop paying with the credit card you use. Therefore, if you’re trying improve your standing on credit scores, you might delay you from working on your credit card debt.
CureDebt does not offer a mobile application. While they have a client website but it’s outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on these kinds of services. Moreover the 20% service fee is lower than many firms that charge the 25% cost. There are no upfront payments, and you will only have to pay when the debt is paid off.
While they’ll provide you with an account to see your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app, which could make it easier for you to look at your progression.
However, they have a great support team that you can contact them not only through emails but also by phone or sending an electronic ticket. State Tax + Sc +Relief Hardship Program
If the debt is a big problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ State Tax + Sc +Relief Hardship Program
How long will it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt offers a program for tax relief to aid you in dealing with problems such as delinquent payroll tax issues and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce your debt over time.