Are you experiencing debt that has been increasing lately? Are you tired of trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because already tried everything.
In the majority of cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their customers, they can assist you in managing 80% of your debt , so you can take few things off of your mind.
For some the claims seem too good to be true.
If you’re looking for anything that can assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at how CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before starting the review, you can go to this video if you prefer for it to be watched.
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. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company The Economic Growth And Tax Relief Reconciliation Act Of 2021
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited through 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 the most popular feature. But they offer additional services to assist you in becoming financially secure.
It all begins by requesting a free online savings estimate. The service is completely confidential and won’t be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the alternatives to be debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an idea of your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating the process of credit arbitration should you choose to sign up. Some financial advisors can help you on your path to debt-free living.
After your debt settlement plan, CuraDebt can be the company to answer all of the calls from your creditors. They will also be the ones that will negotiate what you will pay for your repayment depending on the condition of your financial situation. In determining which option is the best your situation, the payment can either be a lump sum settlement or a payment plan.
Furthermore they will work with creditors so that you can have better rates as you make deposits to your savings account. This in turn, will be processed to pay creditors. Their programs can assist you to settle the debt within two years.
After you’ve registered with them, they’ll give you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They can negotiate settlements on behalf of you for all kinds of debt. These include personal loans, medical bills, credit cards as well as loans. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you will not receive support for most of your lawsuits, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you with laws like that of 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. Some violations can also result in having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of their program is that you will only be charged after your debt has been settled. All you need to do is sign up with one of their plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial documents, they will also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to solve various tax issues such as garnishments on wages, tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing, which depends on the amount you need to settle.
There are a variety of options when it comes to paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
Although debt settlement is their specialty but they aren’t able to 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 credit or loan is tied to an item that is physical.
However, if you have one of 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. Moreover, this type of service is available across all 50 states, if you owe money towards the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve your medical debt. In some cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students negotiate the student loans they have to pay.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from a different financial institution or bank.
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 best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
Additionally, they do not charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
On average, this type of industry can charge anywhere from 15% to 25%.
Moreover, clients can expect to settle their debt from two to four years. But, it also differs in relation to the amount you save per month.
Additionally, they claim you can save as much as 30% by incorporating their costs into your calculations.
However, the claim may vary, depending on your situation. Some customers even claimed to save 50% to 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore they charge only a 20% fee while many companies charge 25%.
Next, if you’re done by the program for debt relief you could also sign up for their credit repair program.
It’s a great option to rebuild your credit score without having to go back into debt. The program is however designed differently for each person according to your personal situation.
In the end, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any violations of creditor with the assistance of their in-house experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . Therefore, if you’re trying improve your standing on credit scores, you might set you back while you’re finishing your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a client website, it looks outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
In addition, they’re not accredited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more on those types of services. Moreover, their 20% service fee is lower than many businesses that charge the 25% cost. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which would make it easier to monitor your progression. The Economic Growth And Tax Relief Reconciliation Act Of 2021
They do have a good support team and can be reached them, not only via emails but also by phone or making an e-ticket. The Economic Growth And Tax Relief Reconciliation Act Of 2021
If your debt is a big issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they provide are in your state.
FAQ The Economic Growth And Tax Relief Reconciliation Act Of 2021
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 agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that will aid you in dealing with problems like delinquent tax and garnishments of wages.
What should I do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce the amount of debt you have over time.