Are you experiencing debt that has been piling up lately? Are you tired of trying other financial advice and tips but haven’t solved your problems?
Maybe you’re here because tried every thing.
In the majority of cases, your best way is to approach professionals that can help to resolve this issue.
CuraDebt is among the most asked companies. Many people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you control 80percent of your debts so that you are able to take couple of things off your shoulders.
However, for certain people, these claims are just too good to be true.
You might be looking for anything that can aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before starting the review, you can check out this video instead for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief In Disaster
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active member 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 restricted their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. But they offer other services that will help you be more financially secure.
It all begins by requesting a free online savings estimate. The service is completely confidential and they will not be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the other options in your journey to be debt-free.
The savings estimate, as mentioned earlier, provides you with an insight into your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt will be the agency to take care of all your creditors’ calls. They’ll also be the ones that negotiate the terms of your settlement depending on the condition of your finances. Depending on which works most effectively for you, it could be either a lump sum settlement or an installment plan.
Moreover they will work with lenders to help you have better rates as you make deposits to your savings account, which in turn, will process to pay back creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they will provide you with access to your data 24/7. All you need to do is log in to CuraDebts the client portal to track your performance.
Before you can benefit from the program, you’ll have to satisfy their criteria first. To be eligible, 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 some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills, credit cards as well as line of credit. You can also approach them to help settle any remaining balance of business debt, collections, or repossessions.
They can even help negotiate on tax owed as well as IRS debt. However, you won’t get assistance for the majority cases, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll 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 creditor violations so that you can have cash settlements, if they are possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of their program is that you only have to pay for the charges when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial records They will also gather all the paperwork you’ll need to file tax returns.
Through this program, you’ll be able to deal with the various types of tax problems like wage garnishments as well as tax penalties for personal and corporate taxes and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices that is based on the amount you have to pay.
They offer different options when it comes to settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty, they don’t provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your debt or loan is tied to an actual item.
If you do have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle taxes that are due without any problems. Additionally, this service is available to all 50 states if you owe money to the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling any medical-related debt. In certain cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students in negotiating any loans they are owed.
Personal loans 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 another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards CuraDebt will help you pay it off.
How much will it cost?
The best part about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
They also don’t have high-cost costs either. In the average, you’ll need to pay as much as 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25%.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. But, it also differs in relation to the amount you can save up per month.
Additionally, they claim that you can save as much as 30% by incorporating their charges into your calculation.
However, this statement will vary, depending on your situation. Some customers have even talked about saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only an amount of 20%, while the majority of companies charge 25 percent.
Then, if you’re done with the debt settlement program, you could enroll in their credit restoration program.
It’s a fantastic way to restore your credit score without having to go into debt again. The program is however designed different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any creditor violations with the assistance of their own experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop paying with your credit card. So if you’re trying to increase your rating on your credit, this may set you back while you’re getting rid of your obligations.
CureDebt also doesn’t offer a mobile application. While they do have a website for clients, it looks aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on these kinds of services. Moreover, their 20% service fee is less expensive than the majority of firms that charge a 25% fee. There is no upfront payment and you’ll only be required to pay once the debt is settled.
Although they’ll give you 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 look at your progress.
However, they have a great support team that you can contact them, not only via emails but also by phone or submitting an e-ticket. Tax Relief In Disaster
If credit card is a major problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services that they provide are offered in your area.
FAQ Tax Relief In Disaster
What is the time frame to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt offers a program for tax relief that will assist you with issues such as late payroll tax issues and garnishments on wages.
What should I do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.