Are you experiencing debt that has been piling up lately? Are you exhausted from trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they are able to help or put you in more debt.
According to their clients they can assist you in managing the majority of your debt , so you are able to take 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 assist you in paying off your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of how CuraDebt operates and what issues it can solve for you.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before you begin the review, you can watch this video instead for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Zakat
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer other services that will aid you in becoming more financially secure.
The process begins by requesting a free savings estimate online. It is a completely private service and they will not conduct a credit inquiry. By using this estimate of savings, you will be able to learn more about the alternatives towards debt-free.
Savings estimates, as we’ve mentioned before, gives you an idea of your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to enroll. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement plan, CuraDebt can be the company to answer all of your creditor’s calls. They’ll also be the ones that negotiate conditions of the settlement depending on the condition of your finances. In determining which option is the best for you, it could either be a lump sum settlement or a payment plan.
Additionally, they will be working with lenders to help you have better rates as you deposit money to your savings account, which in turn, will process to pay off the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they will provide you with access to your data 24/7. All you need to do is login to CuraDebts the 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 need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards as well as line of credit. They are also able to help settle any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll 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 the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations could result in having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you have. They also allow you to have questions answered during a free consult with their debt advisor.
The most appealing aspect of their plan is that you only be charged once your debt is settled. All you have to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
With this program, you will be able to resolve the various types of tax problems such as garnishments on wages, tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you’ll must settle.
They have different solutions for paying off taxes. 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 help you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to provide all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t help you if the loan or debt is linked to an actual item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any problems. Additionally, this service is accessible to all 50 states in the event that you owe money towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also help resolve your medical debt. In some instances you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students in negotiating any loans they owe.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your debts.
They also do not charge high costs either. On average, you’ll be required to pay up to 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs in relation to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% when you factor in their charges into your calculation.
However, this statement will differ based on the situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. In addition, they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done in the process of debt resolution you could enroll in their credit restoration program.
It’s an excellent option to rebuild your credit score without going into debt again. 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 credit to help 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 of creditor with the help of their own experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with . So if you’re trying to build a better rating on your credit, this may set you back while you’re finishing your debt.
CureDebt doesn’t even have a mobile app available. While they have a website for clients however, it appears aged and simple. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more for these types of services. In addition the 20% service cost is less expensive than the majority of businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app, which will make it easier to look at your performance.
However, they have a great support team, and you can reach them, not only via emails but also by phone or sending an e-ticket. Tax Relief Zakat
If credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services they offer are available in your state.
FAQ Tax Relief Zakat
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt has a tax relief program that will assist you with issues such as delinquent payroll taxes and garnishments of wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower the amount of debt you have over time.