Has your debt increased lately? Are you exhausted from trying different financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is among the most frequently contacted companies. 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 80percent of your debt so that you can take couple of things off your plate.
But for some people, these claims are just too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at the way CuraDebt is used and the 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 if you prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, 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 Victims Of Hurricane Irma In Florida
CuraDebt is an organization that deals with debt relief in 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 accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. But they offer other services that can assist you in becoming financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about alternatives to debt-free.
Savings estimates, as we’ve mentioned previously, offers you the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the one to take care of all your creditors’ calls. They’ll be the ones who negotiate what you will pay for your repayment depending on the condition of your financial situation. Based on what works best your situation, the payment could 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 deposit money to your savings account. This in turn, will process to pay off creditors. Their programs can assist you to 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 have to do is sign in to CuraDebts’ client portal to track your performance.
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CuraDebt’s Requirements
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
Debt Relief
As their name suggests, CuraDebt will assist you in dealing with debt. They can negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans credit cards, as well as loans. You can also approach them to settle any outstanding balance on business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance for the majority claims, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. They also allow you to have questions answered during a free consult with their debt counsellor.
The best part about their plan is that you’ll only pay the fees once your debt is settled. All you have to sign up for some of their programs and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
Through this program, you should be able to solve different types of taxes such as garnishments on wages and tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs either. They only offer flat-fee prices, which depends on the amount that you’ll must settle.
They have different solutions when it comes to the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
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What kind of debt can they help you with?
Although debt settlement is their specialization but they aren’t able to offer all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They can’t assist you if your debt or loan is tied to a physical item.
If you do have the following types of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without difficulty. Moreover, this type of service is offered to all 50 states if you owe money to the IRS. There are tax experts from the federal government to assist you with these types of issues.
Medical Debt
CuraDebt will also help you resolve any medical-related debt. In some cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate any loans they are owed.
Personal Loan
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 another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card CuraDebt will assist you in paying it off.
How much will it cost?
The best part about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
Also, they don’t have high-cost charges either. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere between 15 and 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. However, this also varies depending on the amount that you save per month.
Also, they claim you can save as much as 30% if you include their charges into your calculation.
However, this statement will vary, depending on your situation. Some customers even claimed to save 50% to 80%.
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The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s explore the benefits from using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. In addition they only charge 20% of the cost, whereas many companies charge 25 percent.
If you’re finished by the program for debt relief, you may enroll in their credit repair program.
It’s a fantastic method to improve your credit score without going back into debt. However, the program runs differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any violations by creditors with the help of their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with . If you’re trying to increase your rating on your credit, this might delay you from finishing your credit card debt.
CureDebt does not have a mobile app available. Although they have a website for clients but it’s aged and simple. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not accredited with their 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. In addition, their 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There are no upfront payments, and you will only have to pay when the debt is settled.
While they’ll provide you with an account to see your progress however, their website isn’t user-friendly. CuraDebt does not have an app yet, which will make it easier to monitor your progress.
But, they do have a great support team and can be reached them, not only via emails but also via phone or sending an electronic ticket. Tax Relief For Victims Of Hurricane Irma In Florida
If the problem of debt is an 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 state.
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FAQ Tax Relief For Victims Of Hurricane Irma In Florida
What is the time frame to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will help you with problems such as late payroll tax and garnishments on wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to pay down your debt over time.