Has your debt been increasing lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because already tried everything.
In most cases, the best option is to speak with experts who can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they can help you or put you in more debt.
According to their clients they can help you control 80percent of your debt so that you are able to take couple of w
orries off your mind.
For some the claims seem 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 suggested by people. We’ll be taking a deep review of the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before you begin the review, you can go to this video in case you would prefer 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief Omaha Nebraska
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. However, they also offer additional services to assist you in becoming financially stable.
First of all, it starts by requesting a no-cost savings estimate online. It is a completely private service and won’t conduct a credit inquiry. With this savings estimate you’ll be able to be able to learn more about the alternatives towards debt-free.
Savings estimates, as mentioned earlier, provides you with an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration if you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the agency to take care of all your creditor’s calls. They will also be the ones that will determine the terms of your settlement in accordance with the state of your finances. Based on what works best to you, this can be a lump-sum settlement or an installment plan.
Moreover 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 be processed to pay off the creditors. The plans they offer can help you settle the debt within two years.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal so that you can monitor your performance.
Before you are able to avail their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans credit cards, and lines of credit. They are also able to help settle any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. However, you won’t get assistance with the majority cases, 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 assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if they are possible. Some violations can also result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you have. Additionally, you can have questions answered during a free meeting with their debt counselor.
The greatest benefit of their plan is that you only have to pay for the charges once your debt is settled. All you need 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 documents and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you will be able to deal with the various types of tax problems like wage garnishments, tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices, which depends on the amount you’ll must settle.
There are a variety of options in paying off taxes. 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?
Although they specialize in debt settlement, it is not their forte, they don’t offer all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if the credit or loan is tied to a physical item.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay tax debts that were due to be paid without difficulty. 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 help resolve the medical bills. In some cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students with negotiating any student loans that they owe.
Personal and payday loans are also eligible for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines you obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Also, they don’t charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
They also claim that you could save as much as 30% by incorporating their charges into your calculation.
However, the claim may differ based on your situation. Some customers have even talked about saving 50% to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. In addition they only charge 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done by the program for debt relief you can also sign up for their credit restoration program.
It’s a great way to restore your credit score without going in debt again. However, the program lasts differently for each person, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also be looking into any creditor violations with the help of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with the credit card you use. If you’re trying to increase your rating on your credit, this may delay you from getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a website for clients, it looks outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on those types of services. Additionally their 20% service fee is cheaper than most companies that offer an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app, which would make it easier to track your progression.
But, they do have a good support team that you can contact them not only through emails but also by phone or submitting an electronic ticket. Tax Relief Omaha Nebraska
If your debt is a big problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they offer are available in your area.
FAQ Tax Relief Omaha Nebraska
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs that will assist you with issues like delinquent tax and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with the team and make the necessary payments to lower the amount of debt you have over time.