Has your debt been increasing lately? Are you exhausted from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many people have been inquiring whether they can assist you or put you in more debt.
According to their clients, they can assist you in managing 80% of your debt so that you can finally take a few things off of your shoulders.
For some, these claims are just too good to be true.
If you’re looking for something that will assist you in paying off your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at how CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, go to this video if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, 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 our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Seniors In Chester County
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. They also provide additional services to assist you in becoming financially stable.
It all begins by requesting a free online savings estimate. This service is very confidential and won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to discover more about options to debt-free.
Savings estimates, which was mentioned previously, offers you an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt is the one to answer all of your creditor’s calls. They will also be the ones who determine conditions of the repayment in accordance with the state of your finances. Based on what works most effectively to you, this can be either a lump sum settlement or an installment plan.
Furthermore, they will be working with the lenders to help you get better rates when you make deposits to your savings account, which in turn, will be processed to pay back creditors. Their plans can help you settle the debt within 48 months.
After you’ve registered with them, they will provide you with access to your data 24/7. All you have to do is login to CuraDebts Client Portal to monitor your performance.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf for most types of debt. They can help with medical bills, personal loans credit cards and lines of credit. They can also be approached to settle any outstanding balance on business debt, collections, or repossessions.
They may also assist in negotiating with back taxes and IRS debt. But, you won’t receive support for most claims, loans from the government as well as collateral and utility bills. The same goes for 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 will also help you identify the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt lets you settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of the program is that you will only pay the fees when your debt is paid off. All you have to do is sign up with one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documents They will also gather all the documents you’ll require for tax returns.
With this program, you should be able to resolve the various types of tax problems such as wage garnishments as well as tax penalties for personal and taxation for business as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices that is based on the amount that you’ll have to pay.
They have different solutions for the settlement of 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 types of debt are they able to help with?
While debt settlement is their specialization however, they do not offer all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if your debt or loan is tied to a physical item.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Furthermore, this service is offered to all 50 states in the event that you have a debt in arrears to IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In some cases, you may even pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students in negotiating the student loans they are owed.
Personal and payday loans also qualify as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your outstanding debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in two to four years. This varies depending on the amount that you can save up per month.
They also claim you can save up to 30% if you include their charges into your calculation.
However, this statement will depend on your situation. Some customers have even talked about saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. In addition, they only charge a 20% fee while many companies charge 25%.
Next, if you’re done in the process of debt resolution, you could enroll in their credit repair program.
It’s a great option to rebuild your credit score without going into debt again. However, the program runs in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also be looking into any creditor violations with the help of their own experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with your credit card. If you’re trying to build a better rating on your credit, this may delay you from getting rid of your credit card debt.
CureDebt also doesn’t have a mobile app. Although they have a client website, it looks outdated and basic. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. Additionally their 20% service charge is lower than many companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account to see your progress however, their website isn’t user-friendly. CuraDebt does not have an app yet, which would make it easier to track your progression.
However, they have a competent support staff that you can contact them not only through emails but also by phone or sending an e-ticket. Tax Relief For Seniors In Chester County
If your debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Tax Relief For Seniors In Chester County
How long will it take 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 stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as late payroll taxes and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to lower the amount of debt you have over time.