Have your debts been increasing lately? Are you tired of trying various financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the most asked companies. Many people are asking if they can assist you or put you in more debt.
According to their customers, they can assist you in managing 80percent of your debt , so you can finally take a couple of worries off your mind.
For some they believe these claims are too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, you can go to this video in case you would prefer 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 review. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief 2021 Stimulus
CuraDebt is a debt relief company from 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 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 the most known feature. They also provide other services that can help you be more financially secure.
It all begins with requesting a free online savings estimate. This service is very confidential, and they won’t be doing a credit check. With this savings estimate you’ll be able to learn more about the alternatives towards debt-free.
This estimate of savings, as we’ve mentioned before, gives you an idea of your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt is the company to take care of all the calls from your creditors. They’ll also be the ones that will negotiate the terms of your settlement in accordance with the state of your financial situation. Depending on which works best to you, this can be either a lump sum settlement or an installment plan.
Additionally they will also be working with creditors so that you can enjoy better rates when you make deposits to your savings account. This, is then processed to pay off the creditors. Their plans can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is login to CuraDebts Client Portal to track your progress.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills credit cards as well as lines of credit. You can also approach them to help settle any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive assistance for the majority cases, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, if they are possible. Some violations can also cause your debt to be removed as well.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can ask questions during their free meeting with their debt counsellor.
The greatest benefit of their plan is that you’ll only pay the fees when your debt is paid off. All you have to sign up for some of their programs and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
With this program, you’ll be able to resolve the various types of tax problems such as wage garnishments, tax penalties, personal and taxation for business as well as back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They use only flat-fee pricing, which depends on the amount you must settle.
They offer different 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 kinds of debts can they help you with?
While debt settlement is their specialty but they aren’t able to cater to all types of settlement. CuraDebt only focuses on unsecured debt. They can’t help you if the debt or loan is tied to an actual item.
If you do have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any problems. Moreover, this type of service is offered across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling the medical bills. In certain cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students negotiate any loans they have to pay.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from a different financial institution or bank.
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 assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
Also, they do not charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere between 15 and 25 percent.
Moreover, clients can expect to settle their debts within between 2 and 4 years. This varies depending on the amount that you can save up per month.
Also, they claim that you could save up to 30% if you include their charges into your calculation.
However, this statement will differ based on your specific situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you 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 a 20% fee while the majority of companies charge 25%.
If you’re finished by the program for debt relief, you could also sign up for their credit restoration program.
It’s a fantastic option to rebuild your credit without going in debt again. However, the program runs different for every person according to your personal situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any creditor violations with the assistance of their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with . Therefore, if you’re trying improve your rating on your credit, this may delay you from working on your credit card debt.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients but it’s old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on those types of services. Moreover, their 20% service cost is cheaper than most companies that offer a 25% fee. There are no upfront payments, and you will only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt does not have an app yet, which will make it easier to look at your progression. Tax Relief 2021 Stimulus
They do have a competent support staff and can be reached them not only through emails but also via phone or submitting an e-ticket. Tax Relief 2021 Stimulus
If the debt is a big issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your state.
FAQ Tax Relief 2021 Stimulus
How long will it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt has a tax relief program that can help you with problems like delinquent taxes and garnishments of wages.
What should I 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.