Are you experiencing debt that has been increasing lately? Are you exhausted from trying various financial advice and strategies but still have unsolved issues?
Maybe 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 frequently contacted companies. Many customers have asked if they can assist you or put you into more debt.
According to their clients they can help you control the majority of your debts so that you can finally take a few things off of your shoulders.
For some the claims seem too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion, we’ll also look into 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 overview. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief For Hurricane Michael Victims
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. But they offer other services that will aid you in becoming more financially stable.
The process begins with requesting a free online savings estimate. The service is completely confidential and they will not be doing a credit check. With this savings estimate you’ll be able to be able to learn more about the options to debt-free.
Savings estimates, which was mentioned before, gives you an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement plan, CuraDebt is the company to handle all of your creditors’ calls. They will also be the ones that will negotiate what you will pay for your repayment based on the status of your financial situation. In determining which option is the most effectively to you, this could be a lump-sum settlement or an installment plan.
Moreover they will work with lenders to help you have better rates as you deposit money to your savings account. This, is then processed to pay off the creditors. The plans they offer can help you settle the debt within the period of 48 months.
After you’ve registered with them, they’ll give you access to your information 24/7. All you need to do is sign in to CuraDebts the client portal to monitor your performance.
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CuraDebt’s Requirements
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
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the different ways CuraDebt can aid you.
Debt Relief
Like their name implies, CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills, credit cards and line of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive support for most cases, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors in order to get cash settlements, if they are possible. Certain violations could lead to having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. They also allow you to ask questions during their free consult with their debt counsellor.
The best part about their plan is that you only pay the fees after your debt has been settled. All you have to sign up for one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial documents They will also gather all the necessary paperwork for tax returns.
Through this program, you should be able to resolve various tax issues such as wage garnishments and tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They only offer flat-fee prices and is dependent on the amount you have to pay.
They have different solutions for settling taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty however, they do not offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if your credit or loan is tied to a physical item.
If, however, you are in the following types of debt, they will make arrangements for settlements.
Tax Debt
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without difficulty. Additionally, this service is accessible to all 50 states if you have a debt to the IRS. There are federal tax experts to assist you with these types of issues.
Medical Debt
CuraDebt will also help you resolve your medical debt. In certain cases you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate the student loans they have to pay.
Personal Loan
Personal loans and payday loans also qualify for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
Also, they don’t have high-cost costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percent.
In addition, customers can expect to settle their debt from two to four years. However, this also varies in relation to the amount you can save up per month.
Also, they claim that you can save up to 30% when you factor in their charges into your calculation.
However, the claim may differ based on the situation. Some customers even claimed to save 50% to 80percent.
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Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s explore the benefits of using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only an amount of 20%, while the majority of companies charge 25%.
If you’re finished with the debt settlement program you could also sign up for their credit repair program.
It’s an excellent option to rebuild your credit score without having to go in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to help with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also investigate any violations of creditor with the assistance of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with your credit card. So if you’re trying to build a better standing on credit scores, you may delay you from finishing your debt.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access however, it appears aged and simple. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more for these types of services. Additionally the 20% service cost is cheaper than most businesses that charge an additional 25% charge. There is no upfront payment, and you will only be required to pay once the debt is paid off.
While they’ll provide you with an account to see your progress however, their website isn’t simple to navigate. CuraDebt does not have an app yet, which will make it easier to track your progression.
However, they have a competent support staff that you can contact them, not only via emails but also by phone or making an electronic ticket. Tax Relief For Hurricane Michael Victims
If the credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they provide are in your area.
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FAQ Tax Relief For Hurricane Michael Victims
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent tax and wage garnishments.
What do I need to do once I’m in the program?
You’ll be required to communicate with the team and make the necessary payments to pay down your debt over time.