Have your debts increased lately? Are you tired of trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because been through every thing.
In the majority of cases, your best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they are able to help or put you into more debt.
According to their clients they can help you manage the majority of your debt , so you can take few things off of your mind.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, you can check out this video instead for a more relaxing way to watch 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 Tax Relief Attorney Lancaster Sc
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. However, they also offer other services that will assist you in becoming financially stable.
It all starts by requesting a no-cost savings estimate online. This service is very 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 towards debt-free.
The savings estimate, as mentioned previously, offers you an insight into your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration if you decide to join. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt is the one to take care of all your creditors’ calls. They will be the ones who will negotiate what you will pay for your repayment depending on the condition of your financial situation. Depending on which works best your situation, the payment could either be a lump sum settlement or an installment plan.
Additionally, they will work with lenders to help you 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 pay off the debt in the period of 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your development.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards as well as line of credit. You can also approach them to pay off any remaining balance of business debt and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority cases, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, should it be possible. Certain violations could lead to having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt advisor.
The best part about the program is that you will only have to pay for the charges when your debt is paid off. All you have to do is sign up with one of their plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you’ll be able to resolve different types of taxes like garnishments on wages as well as tax penalties for personal and business taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing and is dependent on the amount you’ll must settle.
They offer different options 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 specialization but they aren’t able to offer all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if the debt or loan is tied to a physical item.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay taxes that are due without any problems. Additionally, this service is available to all 50 states in the event that you have a debt to the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling the medical bills. In some instances, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students with negotiating any loans they owe.
Payday loans and personal loans are also eligible for the debt settlement program. It is also possible to avail the program the program if you have other unsecure 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 as well as private label credit card, CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost charges either. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
In general, this type of industry charges between 15 and 25 percent.
Moreover, clients can expect to settle their debts within 2 to 4 years. But, it also differs depending on the amount that you save per month.
They also claim that you could save as much as 30% if you include their costs into your calculations.
However, this statement will depend on your specific situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages from using CuraDebt.
First, CuraDebt is only charged 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 an excellent option to rebuild your credit without having to go in debt again. The program is however designed in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t increase over time. They’ll also be looking into any violations by creditors using their in-house experts.
Drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with . If you’re trying to improve your rating on your credit, this could cause you to delay finishing your debt.
CureDebt also doesn’t offer a mobile application. While they have a website that clients can access but it’s outdated and basic. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on these kinds of services. Additionally the 20% service fee is cheaper than most firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app that will make it easier to track your performance.
But, they do have a great support team and can be reached them not only through emails but by phone or by submitting an e-ticket. Tax Relief Attorney Lancaster Sc
If the debt is a big problem right now, 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 Tax Relief Attorney Lancaster Sc
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs to assist you with issues like delinquent tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.