Are you experiencing debt that has increased lately? Are you tired of trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they are able to help or put you in more debt.
According to their clients, they can assist you in managing the majority of your debts so that you can take couple of things off your shoulders.
But for some people the claims seem too good to be true.
You might be looking for any solution that could aid you in settling your debt. If that’s the case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, watch this video instead 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 overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Victims Of Flood In Texas Oct 2021
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. But they offer other services that can aid you in becoming more financially stable.
First of all, it begins by requesting a free online savings estimate. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings you’ll be able to be able to learn more about the other options in your journey to debt-free.
This estimate of savings, which was mentioned previously, offers you an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program, CuraDebt will be the agency to handle all of your creditors’ calls. They will also be the ones who will determine what you will pay for your payment depending on the condition of your finances. Depending on which works most effectively to you, this could be a lump-sum settlement or an installment plan.
Moreover they will also work with lenders to help you enjoy better rates when you transfer money into your savings account. This, in turn, will be processed to pay back the creditors. Their programs can assist you to settle the debt within two years.
After you’ve registered with them, they’ll allow you access to your data 24/7. All you have to do is log in to CuraDebts’ client portal to track your progress.
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 need to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans credit cards and loans. You can also approach them to pay off any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like that of 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, should it be possible. Certain violations may cause your debt to be removed as well.
CuraDebt also allows you to repay debt for less than the amount you have. They also allow you to ask questions during their free consult with their debt counselor.
The most appealing aspect of their plan is that you’ll only pay the fees once your debt is settled. All you have to sign up for any of the plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents, they will also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to solve various tax issues such as wage garnishments as well as tax penalties for personal and corporate taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you must settle.
They offer different options when it comes to settling your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- 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 provide all kinds of settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to assist 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 it is expected that you will be able pay off taxes that are due without difficulty. Moreover, this type of service is offered to all 50 states if you have a debt in arrears to IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students with negotiating any loans they are owed.
Personal and payday loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with 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’s pricing is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you settle each of your debts.
They also don’t charge high costs 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 industry can charge anywhere from 15% to 25 percent.
Moreover, clients can expect to settle their debts within 2 to 4 years. This varies according to the amount you save per month.
Additionally, they claim that you can save up to 30% if you include their fees in your equation.
However, the claim may depend on your situation. Some customers even claimed to save 50 to 80percent.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25%.
Next, if you’re done with the debt settlement program, you can enroll in their credit restoration program.
It’s an excellent way to restore the credit rating without having to go back into debt. However, the program runs different for every person according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the help of their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with your credit card. Therefore, if you’re trying build a better standing on credit scores, you may set you back while you’re working on your credit card debt.
CureDebt does not have a mobile app available. Although they have a website that clients can access however, it appears outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more for these types of services. Moreover, their 20% service charge is lower than many firms that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app that could make it easier for you to look at your progression.
They do have a great support team, and you can reach them not only through emails but also via phone or sending an electronic ticket. Tax Relief For Victims Of Flood In Texas Oct 2021
If the problem of debt is an problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services that they provide are offered in your area.
FAQ Tax Relief For Victims Of Flood In Texas Oct 2021
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt offers a program for tax relief that can assist you with issues such as delinquent payroll taxes and wage garnishments.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.