Have your debts been piling up lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can help you or put you into more debt.
According to their customers, they can help you manage the majority of your debt so that you are able to take couple of things off your mind.
For some they believe these claims are too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt operates and what issues it can solve for you.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before you begin the review, go to this video in case you would 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 School Supplies Il
CuraDebt is a debt relief company 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 by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. They also provide additional services to aid you in becoming more financially stable.
The process starts by requesting a no-cost savings estimate online. This service is very confidential, and they won’t be doing a credit check. By using this estimate of savings, you will learn more about your options to be debt-free.
The savings estimate, as we’ve mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration if you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to take care of all the calls from your creditors. They’ll also be the ones who negotiate the terms of your settlement in accordance with the state of your financial situation. Depending on which works most effectively to you, this can be either a lump sum settlement or an installment plan.
Additionally they will be working with the creditors so that you can get better rates when you make deposits to your savings account, which in turn, will process to pay the creditors. Their plans can help you get rid of debt in just two years.
After you’ve signed up with them, they will give you access to your information 24/7. All you need to do is log in to CuraDebts the client portal so that you can monitor your development.
Before you can avail of their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills credit cards and also lines of credit. They can also be approached to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive support for most cases, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations so that you can have cash settlements, if possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the sum you have. They also allow you to inquire about your debt during their no-cost meeting with their debt counsellor.
The best part about their plan is that you only have to pay for the charges once your debt is settled. All you need to do is sign up with one of their plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial documents They will also gather all the necessary paperwork to file tax returns.
Through this program, you’ll be able to deal with various tax issues such as wage garnishments as well as tax penalties for personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only use flat-fee pricing and is dependent on the amount that you’ll must settle.
They have different solutions for paying off the tax debt. Here are six of them:
- 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 specialization but they aren’t able to cater to all types in debt resolution. CuraDebt only focuses on loans that are not secured. They aren’t able to assist you if your debt or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to settle taxes that are due without any problems. Additionally, this service is available to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt can also assist in settling your medical debt. In some instances you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students in negotiating any student loans that they have to pay.
Personal loans and payday loans are also eligible as debt-settling programs. It is also possible to avail the program 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, as well as private label credit card CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you have paid off all of your debts.
They also don’t have high-cost charges either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you save per month.
Also, they claim that you can save as much as 30% by incorporating their costs into your calculations.
However, the claim may differ based on your specific situation. Some customers have even talked about saving 50 to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s look into the advantages of using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. In addition they charge only 20% of the cost, whereas many companies charge 25%.
Then, if you’re done by the program for debt relief you may also sign up for their credit repair program.
It’s a great way to restore your credit without having to go in debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any violations by creditors with the help of their in-house experts.
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 cease making payments with the credit card you use. So if you’re trying to improve your standing on credit scores, you could set you back while you’re getting rid of your obligations.
CureDebt does not offer a mobile application. While they do have a website that clients can access but it’s aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on those types of services. Additionally their 20% service fee is lower than many businesses that charge the 25% cost. There aren’t any upfront fees, 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 easy to navigate. CuraDebt isn’t even an app, which could make it easier for you to monitor your performance.
However, they have a great support team that you can contact them not just via email but by phone or by submitting an electronic ticket. Tax Relief For School Supplies Il
If the credit card is a major problem, then we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services that they provide are offered in your area.
FAQ Tax Relief For School Supplies Il
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 your agreement on the settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt offers a program for tax relief that will aid you in dealing with problems such as delinquent payroll tax and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.