Are you experiencing debt that has been increasing lately? Are you burnt out from trying other financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their clients, they can assist you in managing 80% of your debt , so you can take few things off of your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of how CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, watch this video instead for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief In Disaster Situations California
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer other services that will help you be more financially secure.
First of all, it starts by requesting a no-cost savings estimate online. The service is completely confidential, and they won’t conduct a credit inquiry. With this estimate of savings, you will learn more about your other options in your journey to debt-free.
Savings estimates, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re planning to continue 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 enroll. Some financial advisors can help you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the agency to answer all of your creditor’s calls. They will be the ones who will determine conditions of the repayment based on the status of your financial situation. Depending on which works best your situation, the payment could be either a lump sum settlement or a payment plan.
Furthermore they will work with creditors so that you can have better rates as you transfer money into your savings account, which is then processed to pay back creditors. The plans they offer can help you settle the debt within 48 months.
After you’ve signed up with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf for all kinds of debt. They can help with personal loans, medical bills credit cards, and line of credit. They can also be approached to pay off any remaining amount on business debts, collections, or repossessions.
They can even help negotiate with back taxes and IRS debt. However, you won’t get assistance for the majority cases, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if they are possible. Some violations can also result in having your debts removed as well.
CuraDebt can also help you repay debt for less than the amount you have. You can also ask questions during their free meeting with their debt counselor.
The greatest benefit of their program is that you only be charged when your debt is paid off. All you need to sign up to any of the plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you’ll be able to resolve different types of taxes like wage garnishments as well as tax penalties for personal and business taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They only offer flat-fee prices that is based on the amount you’ll need to settle.
There are a variety of options when it comes to settling your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their specialty but they aren’t able to cater to all types in debt resolution. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if your credit or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any problems. Additionally, this service is available to all 50 states if you owe money to the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve the medical bills. In some cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate the student loans they are owed.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they don’t have high-cost costs either. On average, you’ll have to pay between 20 and 20% of the debt you settled through 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. However, this also varies depending on the amount that you are able to save each month.
They also claim you can save as much as 30% when you factor in their fees in your equation.
However, the claim may differ based on the situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Additionally they charge only an amount of 20%, while the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you may also sign up for their credit repair program.
It’s a great option to rebuild the credit rating without going in debt again. However, the program lasts different for every person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also look into any creditor violations using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with . If you’re trying to build a better credit score, it might delay you from finishing your debt.
CureDebt doesn’t even offer a mobile application. While they do have a website for clients, it looks old and mundane. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on those types of services. Additionally, their 20% service fee is less expensive than the majority of firms that charge an additional 25% charge. There are no upfront payments and you’ll only be required to pay once the debt is paid off.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which will make it easier to monitor your performance.
But, they do have a great support team and can be reached them, not only via emails but also via phone or sending an e-ticket. Tax Relief In Disaster Situations California
If your problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs that they provide are offered in your area.
FAQ Tax Relief In Disaster Situations California
How long will it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that can assist you with issues like delinquent tax issues and wage garnishments.
What should I do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce your debt over time.