Has your debt increased lately? Are you burnt out from trying other financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through every thing.
In most cases, the best way is to approach experts who can help you resolve the issue.
CuraDebt is one of 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 control 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.
If you’re looking for something that will aid you in settling your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can help you solve.
Moreover, before we end our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can go to this video for a more relaxing way 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 overview. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief In Disaster Situations
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. But they offer additional services to help you be more financially secure.
It all starts by requesting a no-cost savings estimate online. The service is completely confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about the other options in your journey towards debt-free.
The savings estimate, as mentioned before, gives you an idea of your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration if you decide to sign up. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt is the one to handle all of the calls from your creditors. They’ll also be the ones who negotiate the terms of your settlement depending on the condition of your finances. Depending on which works best to you, this can be a lump-sum settlement or the option of a payment plan.
Moreover they will also be working with creditors to ensure that you get better rates when you transfer money into your savings account. This is then processed to pay back creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is log in to CuraDebts’ client portal to monitor your development.
Before you can avail of the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
As their name suggests, 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 also loans. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. However, you will not receive support for most claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use 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 may result in having your debts also dismissed.
CuraDebt can also help you settle debt with less than the sum 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 pay the fees when your debt is paid off. All you have to sign up for one of their plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
With this program, you’ll be able to solve various tax issues such as wage garnishments, tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices that is based on the amount you must settle.
They offer different options for settling the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty however, they do not offer all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They won’t be able to help you if your debt or loan is tied to an item that is physical.
However, if you have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without any problems. Furthermore, this service is offered to all 50 states if you have a debt to the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In certain cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students with negotiating any student loans that they owe.
Payday loans and personal 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
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.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you settle each of your debts.
Additionally, they don’t charge high costs either. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debts within 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% when you factor in their charges into your calculation.
However, the claim may differ based on your situation. Some customers have even talked about saving between 50% and 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. In addition they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution you can join their credit repair program.
It’s a fantastic way to restore your credit without going back into debt. However, the program runs different for every person according to your personal situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations by creditors using their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with . If you’re trying to increase your standing on credit scores, you may cause you to delay getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a client website, it looks aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. Additionally, their 20% service fee is lower than many companies that offer the 25% cost. There is no upfront payment, and you will only be required to pay once your debt is finally settled.
While they’ll provide you with an account to see your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that will make it easier to track your progress.
But, they do have a great support team and can be reached them not just via email but also via phone or sending an e-ticket. Tax Relief In Disaster Situations
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services they offer are available in your area.
FAQ Tax Relief In Disaster Situations
How long does it take to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that will assist you with issues like delinquent tax issues and wage garnishments.
What should I do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.