Have your debts been increasing lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried everything.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can help you or put you in more debt.
According to their clients, they can help you control 80percent of your debt so that you are able to take couple of things off your plate.
However, for certain people they believe these claims are too good to be true.
You might be looking for any solution that could assist you in paying off your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of how CuraDebt works and what problems it can help you solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, you can watch this video instead in case you would prefer for it to be watched.
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. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief For People With Disabilities
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. However, they also offer other services that can help you be more financially secure.
It all starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to discover more about other options in your journey to debt-free.
The savings estimate, as we’ve mentioned previously, offers you the opportunity to consider your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating the process of credit arbitration should you choose to sign up. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt can be the agency to handle all of your creditor’s calls. They’ll also be the ones who will determine what you will pay for your repayment in accordance with the state of your finances. In determining which option is the most effectively for you, it can be either a lump sum settlement or the option of a payment plan.
Additionally, they will work with creditors so that you can have better rates as you make deposits to your savings account, which in turn, will be processed to pay creditors. Their programs can assist you to settle the debt within 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you need to do is sign in to CuraDebts the client portal to track your progress.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle most types of debt. This includes medical bills, personal loans, credit cards and also loans. They can also be approached to help settle any remaining amount on business debts, collections, or repossessions.
They can even help negotiate for back taxes as well as IRS debt. However, you won’t get support for most cases, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts removed as well.
CuraDebt lets you repay debt for less than the sum you have. You can also inquire about your debt during their no-cost consult with their debt counselor.
The most appealing aspect of their plan is that you will only be charged after your debt has been settled. All you have 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 deal with your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you should be able to solve various tax issues like garnishments on wages, tax penalties, personal and taxation for business as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount that you’ll must settle.
They have different solutions when it comes to the settlement of the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
Although debt settlement is their specialization, they don’t cater to all types of settlement. CuraDebt is only focused on unsecured debt. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
However, if you have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any issues. Additionally, this service is available to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt will also help you resolve the medical bills. In certain cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students with negotiating any loans they owe.
Personal and payday loans also qualify for the debt settlement program. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you settle each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
On average, this type of industry can charge anywhere from 15% to 25%.
Moreover, clients can expect to settle their debt from 2 to 4 years. But, it also differs according to the amount you can save up per month.
Additionally, they claim you can save as much as 30% if you include their costs into your calculations.
However, the claim may depend on your situation. Some customers even claimed to save 50 to 80%.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt offers, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. Additionally they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done in the process of debt resolution you can join their credit repair program.
It’s a great way to restore the credit rating without going back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any violations of creditor with the help of their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with your credit card. If you’re trying to improve your rating on your credit, this might delay you from getting rid of your obligations.
CureDebt does not have a mobile app. Although they have a client website however, it appears aged and simple. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not accredited 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 pay off your debts without spending more on these kinds of services. Moreover their 20% service cost is cheaper than most businesses that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
Although they’ll allow you to access an account to see your progress, their website is not user-friendly. CuraDebt does not have an app, which will make it easier to track your progress.
They do have a great support team, and you can reach them not only through emails but by phone or by making an e-ticket. Tax Relief For People With Disabilities
If your credit card is a major issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Tax Relief For People With Disabilities
What is the time frame to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems like delinquent tax and wage garnishments.
What’s the first thing I have 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.