Have your debts been increasing lately? Are you tired of trying different financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they can help you or put you into more debt.
According to their clients they can help you manage 80% of your debt 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 situation, CuraDebt will mostly be suggested by people. We’ll take a deeper review of the way CuraDebt works and what problems 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, check out this video instead for a more relaxing way watching 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’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
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CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. However, they also offer additional services to assist you in becoming financially stable.
It all begins with requesting a free savings estimate on the internet. It is a completely private service and they will not conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about the options to debt-free.
Savings estimates, as we’ve mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt can be the company to handle all of your creditors’ calls. They’ll be the ones who determine the terms of your payment in accordance with the state of your finances. In determining which option is the best to you, this can be either a lump sum settlement or an installment plan.
Additionally, they will work with lenders to help you get better rates when you deposit money to your savings account. This in turn, will be processed to pay the creditors. The plans they offer can help you settle the debt within 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal so that you can monitor your development.
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable 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 with debt. They can negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans credit cards, and also loans. They can also be approached to settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. But, you won’t receive assistance with the majority claims, 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 with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, should it be possible. Certain violations could result in having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. Additionally, you can ask questions during their free consult with their debt counselor.
The most appealing aspect of the program is that you’ll only be charged once your debt is settled. All you need to sign up for one of their plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you will be able to deal with different types of taxes like wage garnishments and tax penalties, personal and business taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices, which depends on the amount you have to pay.
There are a variety of options in the settlement of taxes. Here are 6 options:
- 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 specialization however, they do not cater to all types of debt settlement. CuraDebt is only focused on unsecured debt. They won’t be able to help you if your credit or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay taxes that are due without any issues. Additionally, this service is offered to all 50 states in the event that you owe money in arrears to IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students negotiate any student loans that they owe.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
They also do not charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
In the average, this kind of business can cost anywhere from 15% to 25 percent.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. But, it also differs depending on the amount that you save per month.
They also claim that you can save up to 30% when you factor in their costs into your calculations.
However, the claim may differ based on the situation. Some customers have even talked about saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas 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 a fantastic way to restore your credit score without having to go back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors using their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using your credit card. So if you’re trying to improve your standing on credit scores, you could cause you to delay finishing your obligations.
CureDebt does not offer a mobile application. Although they have a client website but it’s outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on those types of services. In addition the 20% service cost is cheaper than most firms that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
While they’ll provide you with an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which will make it easier to track your performance.
However, they have a great support team and can be reached them, not only via emails but also via phone or making an e-ticket. Tax Relief Programs For Automobiles In California When Filing Bankruptcy
If problem of debt is an problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the programs that they provide are offered in your area.
FAQ Tax Relief Programs For Automobiles In California When Filing Bankruptcy
How long will it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will assist you with issues such as late payroll taxes and wage garnishments.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.