Has your debt been increasing lately? Are you tired of trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they are able to help or help you get into more debt.
According to their clients they can help you control the majority of your debt , so you can finally take a couple of w
orries off your shoulders.
However, for certain people the claims seem too good to be true.
If you’re looking for something that will help you resolve your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can watch this video instead for a more relaxing way to watch 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 review. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Taxes Pay For Hurricane Florence Relief Misused Tax Dollars
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most popular feature. But they offer additional services to help you be more financially secure.
The process begins by requesting a free savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. With this savings estimate you’ll discover more about alternatives to be debt-free.
Savings estimates, as mentioned before, gives you 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 credit arbitration in the event that you decide to join. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt can be the company to answer all of your creditors’ calls. They will also be the ones who negotiate the terms of your settlement depending on the condition of your financial situation. In determining which option is the best for you, it could be either a lump sum settlement or the option of a payment plan.
Additionally they will also be working with the creditors so that you can have better rates as you make deposits to your savings account. This, is then processed to pay off the creditors. Their programs can assist you to settle the debt within two years.
After you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts’ client portal to monitor your progress.
Before you can benefit from the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. These include personal loans, medical bills credit cards, and also lines of credit. They can also be approached to pay off any remaining balance of business debt collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive support for most claims, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt can also help you pay off debts with less than the amount you have. They also allow you to have questions answered during a free meeting with their debt advisor.
The most appealing aspect of their plan is that you’ll only have to pay for the charges after your debt has been settled. All you need to do is sign up with one of their plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records They will also gather all the necessary paperwork to file tax returns.
By using this program, you should be able to resolve various tax issues like garnishments on wages and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices and is dependent on the amount that you’ll must settle.
They have different solutions when it comes to paying off your tax debt. Here are 6 options:
- 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 debt settlement is their forte but they aren’t able to cater to all types of settlement. CuraDebt concentrates on unsecured debt. They aren’t able to help you if the credit or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to pay taxes that are due without any problems. Furthermore, this service is offered to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students negotiate the student loans they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, 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’s pricing is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Also, they don’t charge high costs either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled through them.
On average, this type of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debts within between 2 and 4 years. This varies according to the amount you are able to save each month.
Additionally, they claim you can save up to 30% by incorporating their fees in your equation.
But this claim will also differ based on your specific situation. Some customers have even talked about saving 50 to 80percent.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. In addition, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished in the process of debt resolution you could join their credit repair program.
It’s a great method to improve the credit rating without going in debt again. However, the program runs differently for each person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t increase over time. They’ll also be looking into any violations of creditor with the help of their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with your credit card. Therefore, if you’re trying build a better rating on your credit, this could cause you to delay working on your obligations.
CureDebt does not have a mobile app. While they have a website for clients, it looks outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more for these types of services. Moreover the 20% service charge is less expensive than the majority of businesses that charge a 25% fee. There is no upfront payment, and you will 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 however, their website isn’t user-friendly. CuraDebt isn’t even an app yet, which would make it easier to look at your progress.
They do have a good support team, and you can reach them, not only via emails but also via phone or making an electronic ticket. Taxes Pay For Hurricane Florence Relief Misused Tax Dollars
If the 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 provide are in your state.
FAQ Taxes Pay For Hurricane Florence Relief Misused Tax Dollars
How long will it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt provides tax relief programs to help you with problems like delinquent tax issues and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to pay down the amount of debt you have over time.