Has your debt increased lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In most cases, the best option is to speak with experts who can assist to resolve this issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they are able to help or put you in more debt.
According to their customers, they can help you control 80% of your debt , so you are able to take few things off of your mind.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper study of the way CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can check out this video instead for a more relaxing way watching it.
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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Toms River Nj Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide other services that can aid you in becoming more financially secure.
The process begins with requesting a free savings estimate online. It is a completely private service, and they won’t be conducting a credit screening. With this savings estimate, you will discover more about alternatives to debt-free.
Savings estimates, as we’ve mentioned before, gives you an insight into your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to join. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program, CuraDebt can be the one to handle all of your creditors’ calls. They will be the ones who determine conditions of the repayment depending on the condition of your finances. Depending on which works best for you, it could either be a lump sum settlement or the option of a payment plan.
Additionally they will work with creditors to ensure that you get better rates when you deposit money to your savings account. This, in turn, will be processed to pay off the creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they’ll allow you access to your data 24/7. All you have to do is login to CuraDebts Client Portal to monitor your performance.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes 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 also assist in negotiating with back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, should it be possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you settle debt with less than the sum you have. You can also have questions answered during a free meeting with their debt counsellor.
The best part about their program is that you will only be charged after your debt has been settled. All you need to sign up for some of their programs, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
With this program, you should be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They only offer flat-fee prices that is based on the amount you have to pay.
They offer different options for the settlement of the tax debt. Here are 6 of them:
- 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?
Although debt settlement is their specialization however, they do not provide all kinds in debt resolution. CuraDebt is only focused on unsecured debt. They won’t be able to help you if the debt or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any issues. Additionally, this service is available across all 50 states, if you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt will also help you resolve your medical debt. In some instances you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate any student loans that they owe.
Personal loans and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you settle each of your debts.
Also, they don’t charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere from 15% to 25%.
In addition, customers can expect to pay off their debts in two to four years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you could save up to 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on your specific situation. Some clients even mentioned saving 50 to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. Furthermore they charge only a 20% fee while most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution you can join their credit restoration program.
It’s a great way to restore the credit rating without having to go back into debt. The program is however designed differently for each person according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also investigate any creditor violations with the help of their own experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with . So if you’re trying to build a better standing on credit scores, you may set you back while you’re working on your debt.
CureDebt also doesn’t have a mobile app available. While they have a website for clients, it looks aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not credited with the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on those types of services. Moreover the 20% service cost is lower than many firms that charge the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is paid off.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app yet, which will make it easier to monitor your performance.
But, they do have a good support team, and you can reach them not just via email but by phone or by sending an e-ticket. Toms River Nj Tax Relief
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs that they provide are offered in your area.
FAQ Toms River Nj Tax Relief
What is the time frame to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that will assist you with issues like delinquent taxes and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.