Have your debts increased lately? Are you exhausted from trying other financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of people are asking if they can assist you or put you into more debt.
According to their clients they can help you manage 80percent of your debt , so you can finally take a couple of things off your plate.
But for some people they believe these claims are too good to be true.
You might be looking for something that will assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, you can watch this video instead for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company The Heroes Earnings Assistance And Relief Tax 125 Plan
CuraDebt is an organization that deals with debt relief in 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 accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best known feature. They also provide other services that will assist you in becoming financially stable.
It all begins by requesting a free online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to discover more about alternatives to debt-free.
This estimate of savings, which was mentioned before, gives you an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt is the agency to answer all of your creditor’s calls. They will be the ones who will negotiate what you will pay for your payment based on the status of your finances. Based on what works best your situation, the payment could either be a lump sum settlement or a payment plan.
Additionally they will also be working with the lenders to help you have better rates as you make deposits to your savings account. This, in turn, will be processed to pay back creditors. Their plans can help you get rid of debt in just two years.
Once you’ve signed up with them, they will give you access to your information 24/7. All you have to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you can avail of their program, you’ll need to pass their requirements first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans credit cards, as well as lines of credit. You can also approach them to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance for 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 assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, if possible. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you have. You can also ask questions during their free consultation with their debt advisor.
The best part about the program is that you will only pay the fees once your debt is settled. All you need to sign up to some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents, they will also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to solve the various types of tax problems like garnishments on wages as well as tax penalties for personal and business taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices, which depends on the amount you have to pay.
They have different solutions in the settlement of the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
While debt settlement is their forte, they don’t offer all kinds of settlement. CuraDebt is only focused on loans that are not secured. They aren’t able to assist you if your debt or loan is tied to a physical item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle tax debts that were due to be paid without any problems. Moreover, this type of service is accessible to all 50 states in the event that you owe money to the IRS. They have federal tax experts to assist you with the issues.
CuraDebt can also help resolve your medical debt. In certain cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students with negotiating any loans they are owed.
Payday loans and personal loans are also eligible 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 that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
Also, they don’t charge high charges either. In the average, you’ll need to pay as much as 20% of the debt you settled with them.
On average, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debts within two to four years. This varies in relation to the amount you save per month.
Also, they claim that you can save as much as 30% when you factor in their costs into your calculations.
But this claim will also differ based on your situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition they charge only a 20% fee while many companies charge 25 percent.
Next, if you’re done with the debt settlement program, you may also sign up for their credit restoration program.
It’s a fantastic method to improve your credit score without having to go in debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also be looking into any violations by creditors with the help of their in-house experts.
The drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. Therefore, if you’re trying improve your rating on your credit, this could set you back while you’re working on your credit card debt.
CureDebt does not have a mobile app available. Although they have a website for clients but it’s aged and simple. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more on these kinds of services. Moreover their 20% service charge is cheaper than most companies that offer an additional 25% charge. There are no upfront payments, and you will only have to pay when your debt is finally settled.
Although they’ll allow you to access an account to see your progress however, their website isn’t user-friendly. CuraDebt does not have an app that could make it easier for you to look at your progress.
However, they have a competent support staff that you can contact them not only through emails but by phone or by submitting an electronic ticket. The Heroes Earnings Assistance And Relief Tax 125 Plan
If problem of debt is an problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they provide are in your state.
FAQ The Heroes Earnings Assistance And Relief Tax 125 Plan
How long does it take to finish the program?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems like delinquent tax and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.