Has your debt increased lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, your best way is to approach experts who can assist to resolve this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or help you get into more debt.
According to their clients they can help you control 80percent of your debts so that you can finally take a couple of things off your shoulders.
However, for certain people, these claims are just too good to be true.
You might be looking for any solution that could assist you in paying off your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, check out this video instead for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out 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 Stuart Florida Tax Relief Accountant
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a member 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, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. But they offer additional services to help you be more financially stable.
The process begins by requesting a free online savings estimate. This service is very confidential and won’t be conducting a credit screening. By using this estimate of savings you’ll be able to be able to learn more about the alternatives to debt-free.
Savings estimates, as mentioned previously, offers you the opportunity to consider your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration if you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program, CuraDebt can be the one to answer all of your creditors’ calls. They will also be the ones that determine the terms of your settlement in accordance with the state of your financial situation. In determining which option is the best to you, this can either be a lump sum settlement or a payment plan.
Furthermore, they will be working with creditors so that you can enjoy better rates when you deposit money to your savings account, which is then processed to pay off the creditors. Their plans can help you settle the debt within two years.
After 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 login to CuraDebts’ client portal so that you can monitor your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with your debt. They can negotiate settlements on your behalf for all kinds of debt. This includes medical bills, personal loans, credit cards as well as 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 on tax owed as well as IRS debt. But, you won’t receive assistance for the majority claims, loans from the government or collateral, as well as utility bills. They also don’t cover most 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 creditor violations in order to get cash settlements, if they are possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you have. You can also ask questions during their free consultation with their debt advisor.
The best part about the program is that you will only have to pay for the charges after your debt has been settled. All you have to do is sign up with one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to resolve the various types of tax problems like wage garnishments and tax penalties, personal and corporate taxes, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They use only flat-fee pricing, which depends on the amount you’ll must settle.
There are a variety of options for settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to cater to all types of debt settlement. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if your credit or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able pay off taxes that are due without any problems. Furthermore, this service is offered to all 50 states in the event that you have a debt in arrears to IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students in negotiating any loans they are owed.
Personal and payday loans are also eligible for the debt settlement program. You can also avail of the program if you also 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 as well as private label credit card CuraDebt can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
Also, they don’t charge high charges either. In the average, you’ll need to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of industry can charge anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. However, this also varies according to the amount you save per month.
They also claim that you can save up to 30% if you include their costs into your calculations.
However, this statement will vary, depending on your specific situation. Some customers even claimed to save 50% to 80percent.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Additionally they only charge an amount of 20%, while the majority of companies charge 25 percent.
If you’re finished in the process of debt resolution you may join their credit restoration program.
It’s an excellent way to restore your credit score without having to go into debt again. However, the program lasts differently for each person according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also be looking into any violations of creditor using their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with the credit card you use. Therefore, if you’re trying build a better rating on your credit, this may set you back while you’re finishing your debt.
CureDebt also doesn’t have a mobile app available. Although they have a client website however, it appears aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on those types of services. Additionally, their 20% service fee is lower than many businesses that charge an additional 25% charge. There is no upfront payment, and you will only have to pay when your debt is finally settled.
Although they’ll give you an account to see your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that will make it easier to track your progression.
However, they have a good support team that you can contact them not just via email but also by phone or submitting an e-ticket. Stuart Florida Tax Relief Accountant
If the credit card is a major problem, then we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Stuart Florida Tax Relief Accountant
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt has a tax relief program that will assist you with issues like delinquent taxes and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.