Has your debt increased lately? Are you tired of trying different financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they are able to help or put you in more debt.
According to their clients they can assist you in managing 80% of your debt , so you can take couple of w
orries off your shoulders.
However, for certain people the claims seem too good to be true.
If you’re looking for anything that can aid you in settling your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, you can watch this video instead for a more relaxing way 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. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Flood Victims
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active participant in 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 CuraDebt do?
Helping you pay off your debt is the most well-known feature. However, they also offer other services that can assist you in becoming financially secure.
The process starts by requesting a no-cost savings estimate online. This service is very confidential and they will not be doing a credit check. With this savings estimate you’ll discover more about alternatives towards debt-free.
Savings estimates, as mentioned before, gives you the opportunity to consider your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration if you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt will be the company to answer all of your creditors’ calls. They will also be the ones that will determine conditions of the settlement in accordance with the state of your financial situation. Based on what works most effectively to you, this could be a lump-sum settlement or a payment plan.
Additionally they will be working with the creditors so that you can get better rates when you make deposits to your savings account. This in turn, will be processed to pay the creditors. Their plans can help you pay off the debt in 48 months.
After you’ve registered with them, they’ll give you access to your account information 24 hours a day. All you need 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 meet their eligibility requirements first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards, and line of credit. They are also able to settle any outstanding amount on business debts, collections, or repossessions.
They may also assist in negotiating on tax owed and IRS debt. But, you won’t receive support for most cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts removed as well.
CuraDebt can also help you repay debt for less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt advisor.
The most appealing aspect of their program is that you’ll only have to pay for the charges once your debt is settled. All you need to do is sign up with some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial documents and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
By using this program, you will be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and business taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices and is dependent on the amount that you’ll must settle.
They offer different options for settling your tax debt. 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 assist you with?
While debt settlement is their specialization however, they do not cater to all types in debt resolution. CuraDebt is only focused on debt that is not secured. They won’t be able to assist you if your credit or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Additionally, this service is available to all 50 states in the event that you owe money to the IRS. There are federal tax experts to assist you with 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 are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students in negotiating any student loans that they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay up to 20% of the debt you settled with them.
In the average, this kind of industry charges between 15 and 25 percent.
In addition, customers can expect to settle their debts within two to four years. However, this also varies in relation to the amount you are able to save each month.
Also, they claim that you can save up to 30% by incorporating their charges into your calculation.
However, the claim may differ based on your specific situation. Some customers have even talked about saving 50% to 80percent.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25 percent.
If you’re finished with the debt settlement program, you can also sign up for their credit repair program.
It’s a fantastic way to restore your credit without having to go into debt again. However, the program runs in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also investigate any violations by creditors with the help of their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with . If you’re trying to improve your rating on your credit, this may cause you to delay finishing your credit card debt.
CureDebt also doesn’t have a mobile app available. While they do have a website that clients can access, it looks old and mundane. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on those types of services. In addition the 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There are no upfront payments, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app that would make it easier to look at your progress.
But, they do have a great support team that you can contact them not only through emails but also by phone or sending an e-ticket. Tax Relief For Flood Victims
If your debt is a big problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they provide are in your area.
FAQ Tax Relief For Flood Victims
What is the time frame to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt provides tax relief programs that will help you with problems like delinquent taxes and garnishments of wages.
What should I do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower the amount of debt you have over time.