Has your debt increased lately? Are you burnt out from trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve been through every thing.
In most cases, the best option is to speak with professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they are able to help or help you get into more debt.
According to their clients they can help you manage 80percent of your debts so that you can finally take a couple of things off your mind.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper look at how CuraDebt works and what problems it could help solve.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
Before starting the review, watch this video instead in case you would prefer 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 our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Providers Clifton Nj
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. However, they also offer other services that can aid you in becoming more financially stable.
It all starts by requesting a no-cost online savings estimate. The service is completely confidential and they will not be doing a credit check. With this estimate of savings you’ll discover more about alternatives towards debt-free.
The savings estimate, as we’ve mentioned before, gives you the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with credit arbitration if you decide to join. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt will be the one to handle all of the calls from your creditors. They’ll be the ones who determine conditions of the payment in accordance with the state of your finances. In determining which option is the best to you, this could be either a lump sum settlement or the option of a payment plan.
Moreover they will work with creditors so that you can enjoy better rates when you deposit money to your savings account. This, is then processed to pay the creditors. The plans they offer can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts’ client portal to monitor your performance.
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans credit cards, and lines of credit. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get support for most cases, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations may lead to having your debts removed as well.
CuraDebt can also help you settle debt with less than the sum you have. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of the program is that you’ll only be charged after your debt has been settled. All you have to do is sign up with some of their programs and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to solve the various types of tax problems like garnishments on wages and tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing that is based on the amount you’ll need to settle.
There are a variety of options when it comes to the settlement of your tax debt. Here are six 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 they specialize in debt settlement, it is not their forte but they aren’t able to cater to all types in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t assist you if your debt or loan is tied to an item that is physical.
If, however, you are in the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay taxes that are due without any issues. Moreover, this type of service is available to all 50 states if you owe money towards the IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students in negotiating the student loans they owe.
Payday loans and personal loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt can assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you settle each of your outstanding debts.
They also don’t charge high fees as well. In the average, you’ll need to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of industry charges between 15% and 25%.
Moreover, clients can expect to settle their debts within two to four years. But, it also differs depending on the amount that you are able to save each month.
They also claim you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also differ based on the situation. Some clients even mentioned saving 50% to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s explore the benefits of using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done in the process of debt resolution, you may also sign up for their credit restoration program.
It’s a great way to restore the credit rating without going into debt again. However, the program runs differently for each person according to your personal situation.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also look into any violations of creditor with the help of their experts in-house.
Drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using the credit card you use. So if you’re trying to build a better rating on your credit, this may delay you from getting rid of your obligations.
CureDebt doesn’t even have a mobile app. Although they have a website for clients however, it appears outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on those types of services. In addition the 20% service fee is less expensive than the majority of businesses that charge a 25% fee. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to look at your progress.
They do have a great support team that you can contact them not just via email but also via phone or submitting an e-ticket. Tax Relief Providers Clifton Nj
If your debt is a big problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your state.
FAQ Tax Relief Providers Clifton Nj
What is the time frame to complete the program?
The average program is between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt offers a program for tax relief that can aid you in dealing with problems such as delinquent payroll tax and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.