Have your debts increased lately? Are you exhausted from trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because been through everything.
In the majority of cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can assist you or put you in more debt.
According to their customers, they can help you control the majority of your debt , so you are able to take couple of things off your plate.
But for some people, these claims are just too good to be true.
You might be looking for any solution that could help you resolve your debt. In this case, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before starting the review, go to this video if you prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out 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.
About the Company Tax Relief For Lower Water Usage
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. They also provide additional services to assist you in becoming financially stable.
The process begins with requesting a free savings estimate on the internet. This service is very confidential, and they won’t conduct a credit inquiry. With this savings estimate you’ll be able to discover more about other options in your journey to debt-free.
Savings estimates, as mentioned previously, offers you an insight into your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help you with credit arbitration if you decide to sign up. Some financial advisors can help you with your debt-free journey.
Following your debt settlement plan, CuraDebt is the one to take care of all your creditor’s calls. They will be the ones who negotiate conditions of the repayment based on the status of your financial situation. Depending on which works best your situation, the payment can be a lump-sum settlement or an installment plan.
Furthermore they will be working with the creditors so that you can have better rates as you make deposits to your savings account, which is then processed to pay the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve registered with them, they will provide you with access to your information 24/7. All you need to do is login to CuraDebts’ client portal to track your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills, credit cards and lines of credit. They are also able to settle any outstanding amount on business debts, collections, or repossessions.
They may also assist in negotiating with back taxes and IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll 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 debtors who are in violation so that you can have cash settlements, if they are possible. Certain violations could lead to having your debts also dismissed.
CuraDebt lets you repay debt for less than the sum you have. Additionally, you can inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of their program is that you’ll only pay the fees once your debt is settled. All you have to sign up for some of their programs, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
By using this program, you will be able to resolve various tax issues like garnishments on wages and tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices and is dependent on the amount you have to pay.
They offer different options when it comes to the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their forte however, they do not offer all kinds of settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if your loan or debt is linked to a physical item.
If, however, you are in the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any issues. Moreover, this type of service is accessible to all 50 states in the event that you have a debt in arrears to IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In certain cases, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students with negotiating any student loans that they are owed.
Personal and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from another financial institution or bank.
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 greatest thing about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you have paid off all of your debts.
Also, they do not charge high charges either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere between 15 and 25%.
Additionally, customers can anticipate to pay off their debts in two to four years. But, it also differs according to the amount you can save up per month.
They also claim that you can save as much as 30% if you include their charges into your calculation.
However, this statement will differ based on your situation. Some customers even claimed to save 50% to up to 80%.
Advantages to using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. In addition, they only charge an amount of 20%, while most companies charge you 25%.
Then, if you’re done by the program for debt relief you could enroll in their credit repair program.
It’s a fantastic method to improve the credit rating without going back into debt. The program is however designed in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any violations by creditors using their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using your credit card. If you’re trying to increase your standing on credit scores, you may set you back while you’re getting rid of your debt.
CureDebt also doesn’t have a mobile app available. While they do have a website for clients, it looks outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service cost is lower than many businesses that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app that could make it easier for you to track your progression.
However, they have a competent support staff and can be reached them not just via email but also via phone or making an e-ticket. Tax Relief For Lower Water Usage
If debt is a big problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your area.
FAQ Tax Relief For Lower Water Usage
How long will it take to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt has a tax relief program that will assist you with issues such as delinquent payroll tax and garnishments on wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.