Have your debts been increasing lately? Are you tired of trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they are able to help or help you get into more debt.
According to their clients, they can help you control the majority of your debt so that you can finally take a couple of things off your shoulders.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of how CuraDebt operates and what issues 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 starting the review, you can watch this video instead if you prefer 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 our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For 2021 Fema Disasters
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is the most popular feature. However, they also offer other services that will aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost online savings estimate. This service is very confidential and they will not be conducting a credit screening. With this estimate of savings you’ll learn more about your other options in your journey towards debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an idea of your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with credit arbitration if you decide to join. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt is the company to take care of all your creditors’ calls. They will also be the ones that negotiate conditions of the settlement depending on the condition of your finances. Depending on which works best your situation, the payment can be a lump-sum settlement or a payment plan.
Additionally they will also be working with the lenders to help you get better rates when you deposit money to your savings account. This, is then processed to pay off creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve registered with them, they will provide you with access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal to track your performance.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. These include personal loans, medical bills, credit cards and lines of credit. They can also be approached to settle any outstanding balance on 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 assistance for the majority of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, should it be possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you have. You can also inquire about your debt during their no-cost meeting with their debt advisor.
The greatest benefit of their program is that you only have to pay for the charges after your debt has been settled. All you need to sign up to one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you will be able to solve various tax issues such as garnishments on wages, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs either. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
They offer different options in settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their forte but they aren’t able to provide all kinds in debt resolution. CuraDebt only focuses on unsecured debt. They aren’t able to help you if the credit or loan is tied to a physical item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to settle your past-due tax debts without difficulty. Additionally, this service is accessible across all 50 states, if you owe money towards the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt will also help you resolve your medical debt. In some instances you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate the student 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 another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you settle each of your outstanding debts.
Additionally, they don’t charge high fees as well. In the average, you’ll need to pay up to 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere between 15% and 25%.
Moreover, clients can expect to settle their debt from two to four years. However, this also varies according to the amount you save per month.
Also, they claim that you can save up to 30% when you factor in their charges into your calculation.
But this claim will also depend on the situation. Some customers even claimed to save between 50% and 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, let’s look into the advantages of using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Furthermore they only charge an amount of 20%, while the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief, you can enroll in their credit repair program.
It’s an excellent method to improve your credit without having to go into debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also investigate any violations of creditor with the help of their experts in-house.
Some disadvantages to using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with . If you’re trying to increase your credit score, it could set you back while you’re finishing your credit card debt.
CureDebt also doesn’t offer a mobile application. While they have a client website however, it appears outdated and basic. It’s not particularly user-friendly, and can be challenging 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 good program that lets you settle your debt without spending more on these kinds of services. Moreover the 20% service charge is cheaper than most 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 allow you to access an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which would make it easier to monitor your performance.
But, they do have a good support team, and you can reach them not only through emails but by phone or by sending an e-ticket. Tax Relief For 2021 Fema Disasters
If credit card is a major problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ Tax Relief For 2021 Fema Disasters
What is the time frame to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can aid you in dealing with problems like delinquent tax issues and garnishments of wages.
What do I need 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.