Has your debt been piling up lately? Are you burnt out from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their customers, they can help you control the majority of your debt , so you can take couple of things off your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at the way CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can watch this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch 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 Programs In State Of Missouri And Stoddard County
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. But they offer other services that will aid you in becoming more financially secure.
It all starts by requesting a no-cost savings estimate online. This service is very confidential and they will not be doing a credit check. With this estimate of savings, you will learn more about your options towards debt-free.
This estimate of savings, as mentioned before, gives you the opportunity to consider your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to join. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt will be the agency to answer all of your creditor’s calls. They’ll be the ones who will negotiate what you will pay for your settlement in accordance with the state of your finances. Depending on which works most effectively your situation, the payment could be a lump-sum settlement or a payment plan.
Moreover they will be working with the creditors to ensure that you enjoy better rates when you deposit money to your savings account. This in turn, will process to pay off the creditors. Their programs can assist you to pay off the debt in the period of 48 months.
After you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts Client Portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with your debt. They can negotiate settlements on your behalf to settle all kinds of debt. This includes medical bills, personal loans, credit cards and also loans. You can also approach them to help settle any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations may result in having your debts dismissed as well.
CuraDebt lets you repay debt for less than the sum you have. They also allow you to ask questions during their free consult with their debt counselor.
The greatest benefit of their plan is that you will only pay the fees when your debt is paid off. All you need to sign up to one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial documents They will also gather all the necessary paperwork for tax returns.
With this program, you should be able to deal with various tax issues such as wage garnishments as well as tax penalties for personal and business taxes and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees also. They only use flat-fee pricing that is based on the amount you’ll have to pay.
They offer different options in paying off your 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 types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization, they don’t offer all kinds of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if your debt or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without difficulty. Furthermore, this service is available to all 50 states if you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling your medical debt. In certain cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students in negotiating any loans they owe.
Personal loans and payday loans also qualify as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
They also do not charge high fees as well. In the average, you’ll need to pay up to 20 percent of the debt that you settled through them.
In general, this type of industry charges between 15 and 25 percentage.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
They also claim you can save up to 30% if you include their fees in your equation.
But this claim will also vary, depending on the situation. Some customers even claimed to save 50% to 80percent.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. In addition they only charge a 20% fee while most companies charge you 25%.
Next, if you’re done with the debt settlement program, you could join their credit repair program.
It’s a fantastic method to improve your credit without going into debt again. However, the program runs different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also investigate any creditor violations using their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with the credit card you use. So if you’re trying to improve your standing on credit scores, you may delay you from getting rid of your obligations.
CureDebt does not have a mobile app. Although they have a website that clients can access but it’s old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more for these types of services. Additionally their 20% service fee is cheaper than most firms that charge the 25% cost. There aren’t any upfront fees, and you will only be required to pay once the debt is paid off.
While they’ll provide you with an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which will make it easier to look at your progression.
They do have a good support team and can be reached them not only through emails but also by phone or sending an e-ticket. Tax Relief Programs In State Of Missouri And Stoddard County
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Tax Relief Programs In State Of Missouri And Stoddard County
How long will it take to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt has a tax relief program to aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What do I need 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.