Are you experiencing debt that has increased lately? Are you burnt out from trying other financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can help you or put you in more debt.
According to their customers, they can help you manage 80% of your debts so that you can take couple of worries off your mind.
For some they believe these claims are too good to be true.
You might be looking for any solution that could aid you in settling your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before starting the review, watch this video instead in case you would 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’ll want to read the rest of our article for a more comprehensive review.
About the Company The Jobs And Growth Tax Relief Reconciliation Act Of 2021 Changed Which Of The Following?
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by 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 one of CuraDebt’s best popular feature. However, they also offer additional services to help you be more financially stable.
It all begins by requesting a free online savings estimate. This service is very confidential and won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to be able to learn more about the other options in your journey towards debt-free.
Savings estimates, which was mentioned earlier, provides you with an idea of your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with credit arbitration if you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program, CuraDebt can be the one to handle all of your creditors’ calls. They’ll be the ones who determine conditions of the settlement 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.
Furthermore they will also be working with lenders to help you have better rates as you transfer money into your savings account, which in turn, will be processed to pay the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they will provide you with access to your information 24/7. All you have to do is log in to CuraDebts Client Portal to track your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills, credit cards and also line of credit. They can also be approached to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate on tax owed 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 other hand, they will assist you with laws like 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 so that you can have cash settlements, should it be possible. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to settle debt 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 the program is that you only be charged after your debt has been settled. All you have to sign up to one of their plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial documents They will also gather all the necessary paperwork for tax returns.
By using this program, you will be able to solve different types of taxes such as garnishments on wages and tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing, which depends on the amount you have to pay.
There are a variety of options in 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 kind of debt can they assist you with?
While debt settlement is their specialization however, they do not offer all kinds of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if your credit or loan is tied to a physical item.
If you do have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without difficulty. Additionally, this service is offered to all 50 states if you have a debt towards the IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also help resolve the medical bills. In some cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate any loans they owe.
Personal and payday loans also qualify for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. Only pay when you have paid off all of your debts.
Also, they don’t have high-cost charges either. On average, you’ll be required to pay up to 20% of the debt you settled through them.
On average, this type of business can cost anywhere between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within two to four years. This varies in relation to the amount you save per month.
They also claim you can save as much as 30% by incorporating their fees in your equation.
However, the claim may depend on your situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, 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. Additionally they charge only 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished with the debt settlement program, you can also sign up for their credit restoration program.
It’s a great method to improve your credit score without having to go back into debt. The program is however designed differently for each person, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also look into any violations of creditor using their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using the credit card you use. So if you’re trying to improve your credit score, it might cause you to delay getting rid of your credit card debt.
CureDebt does not have a mobile app available. While they do have a website that clients can access, it looks old and mundane. It’s not very intuitive, and it can 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 good program that allows you to settle your debt without spending more for these types 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’ll only have to pay the fee when your debt is finally settled.
Although they’ll give you an account so that you can track your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app yet, which would make it easier to look at your progress.
However, they have a good support team, and you can reach them not only through emails but by phone or by sending an e-ticket. The Jobs And Growth Tax Relief Reconciliation Act Of 2021 Changed Which Of The Following?
If your credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your area.
FAQ The Jobs And Growth Tax Relief Reconciliation Act Of 2021 Changed Which Of The Following?
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 and the agreed settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that can assist you with issues like delinquent taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to pay down your debt over time.