Are you experiencing debt that has been increasing lately? Are you tired of trying other financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, your best option is to speak with experts who can assist you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of people are asking if they can assist you or help you get into more debt.
According to their customers, they can help you manage 80percent of your debt so that you are able to take few things off of your plate.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at the way CuraDebt works and what problems it could help solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before starting the review, watch this video instead in case you would prefer watching it.
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. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Students
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. But they offer additional services to help you be more financially stable.
It all starts by requesting a no-cost online savings estimate. This service is very confidential and won’t conduct a credit inquiry. By using this estimate of savings, you will discover more about other options in your journey to be debt-free.
The savings estimate, which was mentioned earlier, provides you with an idea of your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Some financial advisors can help you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt will be the agency to take care of all your creditor’s calls. They’ll be the ones who will negotiate what you will pay for your repayment depending on the condition of your financial situation. In determining which option is the best to you, this can either be a lump sum settlement or the option of a payment plan.
Moreover they will be working with creditors to ensure that you get better rates when you deposit money to your savings account. This, in turn, will process to pay back creditors. Their programs can assist you to settle the debt within two years.
After you’ve signed up with them, they will provide you with access to your information 24/7. All you need to do is log in to CuraDebts’ client portal to track your performance.
Before you are able to avail the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal your debt. They are able to negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills, credit cards and line of credit. You can also approach them to pay off any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government or collateral, as well as 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 will also help you identify the violations of creditors so that you can have cash settlements, if they are possible. Certain violations may lead to having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the amount you have. They also allow you to ask questions during their free consultation with their debt counsellor.
The greatest benefit of their program is that you will only pay the fees once your debt is settled. All you have to do is sign up with some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
With this program, you should be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
There are a variety of options for the settlement of your 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, they don’t cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to assist you if your debt or loan is tied to an actual item.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able pay off taxes that are due without any issues. Moreover, this type of service is accessible across all 50 states, if you have a debt in arrears to IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt will also help you resolve the medical bills. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students in negotiating any student loans that they are owed.
Personal loans and payday loans also qualify to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Additionally, they don’t have high-cost charges either. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debt from two to four years. However, this also varies according to the amount you can save up per month.
They also claim that you could save up to 30% by incorporating their costs into your calculations.
However, this statement will differ based on the situation. Some clients even mentioned saving 50% to 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, 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 charge only an amount of 20%, while many companies charge 25 percent.
Then, if you’re done by the program for debt relief you may join their credit repair program.
It’s a great method to improve your credit score 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.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also be looking into any creditor violations with the assistance of their own experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with your credit card. Therefore, if you’re trying build a better standing on credit scores, you might set you back while you’re getting rid of your credit card debt.
CureDebt does not have a mobile app. Although they have a website that clients can access however, it appears aged and simple. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on those types of services. In addition the 20% service cost is cheaper than most businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when the debt is 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 yet, which would make it easier to look at your progression.
However, they have a competent support staff and can be reached them, not only via emails but by phone or by making an electronic ticket. Tax Relief For Students
If your problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your area.
FAQ Tax Relief For Students
What is the time frame to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll taxes and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to pay down your debt over time.