Has your debt increased lately? Are you exhausted from trying different financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most asked companies. Many people are asking if they can help you or put you in more debt.
According to their clients they can help you manage 80% of your debt , so you can take few things off of your shoulders.
For some they believe these claims are too good to be true.
You might be looking for anything that can help you resolve your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, check out this video instead in case you would prefer 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. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief On Solar Panels
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. However, they also offer other services that can aid you in becoming more financially stable.
First of all, it begins with requesting a free online savings estimate. The service is completely confidential and won’t be doing a credit check. With 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.
Savings estimates, which was mentioned earlier, provides you with an idea of your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you in your debt-free journey.
After your debt settlement plan, CuraDebt is the company to take care of all the calls from your creditors. They’ll also be the ones that negotiate what you will pay for your settlement based on the status of your finances. Based on what works best your situation, the payment could either be a lump sum settlement or an installment plan.
Furthermore they will be working with lenders to help you have better rates as you transfer money into your savings account, which in turn, will be processed to pay back the creditors. Their plans can help you get rid of debt in just two years.
After you’ve registered with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts the client portal to track your development.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are the various ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills, credit cards and line of credit. They are also able to help settle any remaining amount on business debts and collections or repossessions.
They may also assist in negotiating with back taxes and IRS debt. But, you won’t receive assistance for the majority claims, government loans, 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 the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation so that you can have cash settlements, if they are possible. Certain violations may cause your debt to be removed as well.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of the program is that you’ll only be charged after your debt has been settled. All you have to sign up to one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you should be able to solve various tax issues such as wage garnishments, tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount that you’ll must settle.
They offer different options for paying off the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their specialty but they aren’t able to offer all kinds of settlement. CuraDebt is only focused on unsecured debt. They can’t help you if the debt or loan is tied to an item that is physical.
If you do have the following types of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without any problems. Additionally, this service is available to all 50 states in the event that you owe money towards the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In some instances you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students with negotiating any student loans that they have to pay.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you’ve paid each of your debts.
Also, they do not charge high costs either. On average, you’ll have to pay up to 20% of the debt you settled with them.
On average, this type of industry charges between 15 and 25 percent.
Additionally, customers can anticipate to pay off their debts in between 2 and 4 years. But, it also differs depending on the amount that you are able to save each month.
Also, they claim you can save as much as 30% if you include their costs into your calculations.
However, the claim may differ based on your specific situation. Some customers even claimed to save 50 to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. In addition they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you could enroll in their credit restoration program.
It’s an excellent option to rebuild the credit rating without going into debt again. However, the program runs differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any violations by creditors with the assistance of their experts in-house.
The drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with your credit card. Therefore, if you’re trying increase your rating on your credit, this could delay you from finishing your debt.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients, it looks old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on these kinds of services. Additionally, their 20% service charge is less expensive than the majority of companies that offer an additional 25% charge. There is no upfront payment and you’ll only have to pay when the debt is paid off.
Although they’ll give you an account to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app, which would make it easier to look at your performance.
However, they have a great support team, and you can reach them not just via email but also by phone or sending an e-ticket. Tax Relief On Solar Panels
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 services they offer are available in your state.
FAQ Tax Relief On Solar Panels
What is the time frame to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt provides tax relief programs that can help you with problems such as late payroll tax and garnishments on wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.