Have your debts increased lately? Are you tired of trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve been through everything.
In the majority of cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their clients, they can help you manage the majority of your debt , so you can take couple of w
orries off your shoulders.
For some the claims seem too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll take a deeper study of 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 starting the review, go to this video for a more relaxing way for it to be watched.
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’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Student Loan Debt Relief Tax Credit 2021 Maryland
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by 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 known feature. They also provide other services that can aid you in becoming more financially secure.
The process starts by requesting a no-cost online savings estimate. The service is completely confidential and they will not be doing a credit check. By using this estimate of savings, you will discover more about options to be debt-free.
This estimate of savings, as mentioned previously, offers you an insight into your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the agency to answer all of the calls from your creditors. They will also be the ones who determine the terms of your settlement based on the status of your finances. Depending on which works most effectively to you, this could be a lump-sum settlement or a payment plan.
Furthermore they will also be working with creditors to ensure that you get better rates when you make deposits to your savings account. This in turn, will be processed to pay the creditors. The plans they offer can help you get rid of debt in just 48 months.
After 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 so that you can monitor your performance.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can help you.
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. This includes personal loans, medical bills credit cards as well as line of credit. They can also be approached to pay off any remaining balance of 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 support for most claims, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt can also help you settle debt with less than the sum you have. Additionally, you can ask questions during their free consultation with their debt counsellor.
The greatest benefit of the program is that you only pay the fees after your debt has been settled. All you need to sign up for some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documentation, they will also collect all the documents you’ll require to file tax returns.
With this program, you will be able to solve various tax issues such as wage garnishments and tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing, which depends on the amount you have to pay.
They have different solutions in the settlement of 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 kinds of debts are they able to help with?
While debt settlement is their specialization however, they do not cater to all types of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if your debt or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without difficulty. Furthermore, this service is accessible to all 50 states in the event that you have a debt to the IRS. They have federal tax experts to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In some cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students in negotiating any loans they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards CuraDebt can help you pay it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you have paid off all of your debts.
Additionally, they do not charge high fees as well. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25%.
In addition, customers can expect to settle their debt from 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% when you factor in their charges into your calculation.
However, this statement will depend on your specific situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
Next, if you’re done by the program for debt relief you may join their credit restoration program.
It’s an excellent way to restore your credit without going in debt again. The program is however designed differently for each person, depending on your situation.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any creditor violations with the assistance of their in-house experts.
The drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with your credit card. Therefore, if you’re trying improve your credit score, it may delay you from getting rid of your debt.
CureDebt doesn’t even have a mobile app available. While they have a client website however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more on these kinds of services. In addition their 20% service fee is less expensive than the majority of firms that charge an additional 25% charge. There are no upfront payments, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account to see your progress, their website is not simple to navigate. CuraDebt does not have an app, which will make it easier to look at your progression.
They do have a great support team, and you can reach them, not only via emails but by phone or by submitting an electronic ticket. Student Loan Debt Relief Tax Credit 2021 Maryland
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Student Loan Debt Relief Tax Credit 2021 Maryland
How long will it take to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to help you with problems such as late payroll tax issues and wage garnishments.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.