Have your debts increased lately? Are you burnt out from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because already tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients, they can help you control 80% of your debts so that you can take few things off of your plate.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at the way CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, you can watch this video instead if you prefer to watch 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. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Act 2021 Washington Post
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer other services that can assist you in becoming financially stable.
It all starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. With this savings estimate you’ll be able to learn more about the other options in your journey to debt-free.
This estimate of savings, which was mentioned earlier, provides you with an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt is the company to take care of all the calls from your creditors. They’ll be the ones who determine conditions of the settlement based on the status of your financial situation. Based on what works most effectively for you, it can either be a lump sum settlement or the option of a payment plan.
Furthermore, they will work with creditors so that you can get better rates when you make deposits to your savings account. This in turn, will process to pay back creditors. Their plans can help you get rid of debt in just two years.
After you’ve registered with them, they will allow you access to your information 24/7. All you need to do is log in to CuraDebts the client portal to track your development.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, 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 different ways CuraDebt can help you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills credit cards and also loans. They can also be approached to help settle any remaining balance of business debt and collections or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. However, you won’t get support for most cases, government loans as well as collateral and utility bills. Also, they don’t cover the majority of 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 in order to get cash settlements, if they are possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the sum you have. Additionally, you can have questions answered during a free consultation with their debt advisor.
The greatest benefit of their plan is that you only be charged when your debt is paid off. All you need to sign up to one of their plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial documents, they will also collect all the documents you’ll require to file tax returns.
Through this program, you should be able to deal with various tax issues like wage garnishments as well as tax penalties for personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They only offer flat-fee prices that is based on the amount that you’ll must settle.
They have different solutions when it comes to 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 kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty, they don’t provide all kinds of settlement. CuraDebt concentrates on unsecured debt. They won’t be able to help you if the 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 it is expected that you will be able pay off your past-due tax debts without difficulty. Moreover, this type of service is offered to all 50 states if you have a debt to the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some instances you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students with negotiating the student loans they are owed.
Personal and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program if you 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, traditional credit cards, and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The best part 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. On average, you’ll have to pay between 20 and 20 percent of the debt you settled with them.
On average, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debt from two to four years. But, it also differs in relation to the amount you save per month.
They also claim that you could save as much as 30% by incorporating their costs into your calculations.
However, the claim may vary, depending on your specific situation. Some clients even mentioned saving 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas many companies charge 25 percent.
Next, if you’re done in the process of debt resolution, you may join their credit repair program.
It’s a great method to improve your credit score without going in debt again. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any violations of creditor using their own experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with . So if you’re trying to build a better credit score, it may cause you to delay getting rid of your obligations.
CureDebt doesn’t even have a mobile app. Although they have a client website but it’s outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more for these types of services. Additionally, their 20% service charge is less expensive than the majority of firms that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account to see your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which could make it easier for you to monitor your progression.
However, they have a good support team that you can contact them, not only via emails but by phone or by submitting an electronic ticket. Tax Relief Act 2021 Washington Post
If debt is a big problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Tax Relief Act 2021 Washington Post
How long will it take 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 assist with state tax problems?
Yes, CuraDebt offers a program for tax relief to aid you in dealing with problems like delinquent tax and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce your debt over time.