Have your debts increased lately? Are you exhausted from trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, your best way is to approach professionals that can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you manage the majority of your debts so that you are able to take couple of things off your plate.
For some they believe these claims are too good to be true.
If you’re looking for anything that can help you resolve your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before starting the review, you can watch this video instead if you prefer 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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company The Best Southern Maryland Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that can aid you in becoming more financially secure.
The process begins with requesting a free savings estimate online. The service is completely confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about your alternatives to be debt-free.
This estimate of savings, as we’ve mentioned previously, offers you the opportunity to consider your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement program, CuraDebt is the one to take care of all your creditors’ calls. They will also be the ones who negotiate conditions of the payment in accordance with the state of your finances. In determining which option is the most effectively to you, this could be a lump-sum settlement or the option of a payment plan.
Moreover, they will be working with the creditors so that you can get better rates when you deposit money to your savings account. This in turn, will process to pay back creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve registered with them, they will provide you with access to your information 24/7. All you need to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you can benefit from their program, you’ll need to pass their requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans, credit cards and also loans. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. But, you won’t receive assistance with the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can help you use 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 in order to get cash settlements, if they are possible. Certain violations may lead to having your debts removed as well.
CuraDebt can also help you repay debt for less than the amount you own. Additionally, you can ask questions during their free consult with their debt counselor.
The greatest benefit of their program is that you will 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 settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documents and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
With this program, you will be able to deal with the various types of tax problems such as garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount that you’ll need to settle.
They have different solutions when it comes to settling 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 assist you with?
While debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if the debt or loan is tied to an actual item.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any problems. Furthermore, this service is available to all 50 states in the event that you have a debt to the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some instances you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students negotiate any student loans that they owe.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
Also, they don’t charge high fees as well. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
On average, this type of industry can charge anywhere from 15% to 25 percent.
In addition, customers can expect to settle their debt from 2 to 4 years. This varies according to the amount you are able to save each month.
They also claim that you could save up to 30% when you factor in their fees in your equation.
But this claim will also vary, depending on your situation. Some customers have even talked about saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you let’s look into the advantages of using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
Then, if you’re done by the program for debt relief, you can join their credit repair program.
It’s a fantastic way to restore the credit rating without having to go back into debt. However, the program lasts differently for each person, depending on your situation.
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 be looking into any violations of creditor using their experts in-house.
Drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using the credit card you use. So if you’re trying to improve your rating on your credit, this might cause you to delay finishing your obligations.
CureDebt does not have a mobile app. While they have a client website, it looks outdated and basic. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more for these types of services. Moreover, their 20% service fee is lower than many firms that charge an additional 25% charge. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account to see your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app yet, which would make it easier to track your progress.
However, they have a competent support staff, and you can reach them not only through emails but by phone or by submitting an electronic ticket. The Best Southern Maryland Tax Relief
If debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they provide are in your area.
FAQ The Best Southern Maryland Tax Relief
How long will it take to finish the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs that can assist you with issues such as late payroll taxes and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.