Has your debt increased lately? Are you tired of trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through every thing.
In most cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people are asking if they are able to help or put you into more debt.
According to their clients, they can help you manage the majority of your debts so that you can finally take a couple of w
orries off your mind.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, you can check out this video instead if you prefer to watch it.
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 Sold Stocks For Disaster
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. But they offer additional services to aid you in becoming more financially secure.
The process begins with requesting a free online savings estimate. The service is completely confidential and they will not be conducting a credit screening. With this estimate of savings, you will be able to learn more about the other options in your journey towards debt-free.
The savings estimate, as mentioned earlier, provides you with an insight into your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to join. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt will be the one to take care of all your creditors’ calls. They will also be the ones that negotiate conditions of the settlement based on the status of your financial situation. Based on what works most effectively to you, this could either be a lump sum settlement or an installment plan.
Furthermore, they will be working with the lenders to help you enjoy better rates when you transfer money into your savings account. This, in turn, will process to pay off creditors. The plans they offer can help you get rid of debt in just 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 log in to CuraDebts’ client portal to monitor your development.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans credit cards, and also loans. They can also be approached to help settle any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get assistance with the majority of your lawsuits, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use 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 debtors who are in violation so that you can have cash settlements, should it be possible. Certain violations may cause your debt to be removed as well.
CuraDebt can also help you pay off debts with less than the sum you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt counselor.
The best part about their plan is that you will only be charged 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 can also deal 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.
By using this program, you will be able to deal with different types of taxes such as garnishments on wages, tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing and is dependent on the amount you’ll have to pay.
They offer different options for the settlement of your tax debt. Here are 6 options:
- 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 specialty however, they do not offer all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to assist you if your loan or debt is linked to an actual item.
If you do have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without any issues. Furthermore, this service is offered to all 50 states if you owe money to the IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling the medical bills. In some instances you could even settle them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students with negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you settle each of your outstanding debts.
They also don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere from 15% to 25 percent.
Moreover, clients can expect to settle their debts within 2 to 4 years. This varies depending on the amount that you save per month.
Also, they claim you can save up to 30% when you factor in their charges into your calculation.
However, this statement will differ based on your situation. Some customers even claimed to save 50 to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. In addition they charge only an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done with the debt settlement program you could also sign up for their credit restoration program.
It’s an excellent option to rebuild the credit rating without having to go in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to help with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also investigate any violations of creditor with the assistance of their own experts.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with your credit card. So if you’re trying to build a better rating on your credit, this could cause you to delay working on your debt.
CureDebt does not have a mobile app available. While they have a website for clients however, it appears aged and simple. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on these kinds of services. Moreover, their 20% service cost is less expensive than the majority of firms that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt does not have an app that will make it easier to monitor your progress.
But, they do have a great support team that you can contact them not just via email but by phone or by submitting an e-ticket. Tax Relief Sold Stocks For Disaster
If your credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they provide are in your area.
FAQ Tax Relief Sold Stocks For Disaster
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt offers a program for tax relief to assist you with issues like delinquent tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.