Have your debts been increasing lately? Are you exhausted from trying other financial advice and strategies but still have unsolved issues?
Maybe you’re here because been through everything.
In most cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can help you or put you in more debt.
According to their clients they can help you manage 80% of your debt so that you can take few things off of your shoulders.
However, for certain people the claims seem too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this case, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of how CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before beginning the review, check out this video instead if you prefer 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 overview. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Trump Tax Relief For Farmers Over Tariffs
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle 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.
First of all, it begins with requesting a free savings estimate online. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about your other options in your journey to be debt-free.
The savings estimate, which was mentioned previously, offers you an insight into your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt can be the agency to take care of all your creditors’ calls. They will be the ones who determine the terms of your payment based on the status of your finances. Based on what works most effectively your situation, the payment could be a lump-sum settlement or a payment plan.
Furthermore they will be working with the creditors to ensure that you get better rates when you transfer money into your savings account. This in turn, will be processed to pay back creditors. Their plans can help you pay off the debt in 48 months.
After you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal to monitor your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans credit cards as well as line of credit. They can also be approached to help settle any remaining amount on business debts collection, repossessions, or collections.
They may also assist in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance for the majority claims, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if they are possible. Some violations can also cause your debt to be removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. You can also have questions answered during a free consult with their debt counselor.
The best part about their plan is that you’ll only pay the fees after your debt has been settled. All you have to sign up to one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial records They will also gather all the documents you’ll require for tax returns.
By using this program, you’ll be able to solve various tax issues like garnishments on wages and tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs either. They only offer flat-fee prices and is dependent on the amount that you’ll have to pay.
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 abatements
- Currently non-collectible
What kind of debt can they assist you with?
Although debt settlement is their specialization however, they do not offer all kinds in debt resolution. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your credit or loan is tied to a physical item.
However, if you have the following types of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any issues. Moreover, this type of service is available to all 50 states in the event that you owe money to the IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In certain cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students in negotiating any student loans that they owe.
Personal and payday loans also qualify to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards, CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you settle each of your debts.
They also 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 with them.
On average, this type of industry can charge anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debt from between 2 and 4 years. But, it also differs depending on the amount that you are able to save each month.
Additionally, they claim that you can save as much as 30% by incorporating their costs into your calculations.
However, the claim may depend on the situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Additionally they charge only a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program you could also sign up for their credit repair program.
It’s a fantastic way to restore the credit rating without going into debt again. However, the program runs different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements 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 may cause you to delay finishing your obligations.
CureDebt does not offer a mobile application. While they have a website for clients but it’s aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still 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 lets you pay off your debts without spending more for these types of services. In addition the 20% service charge is less expensive than the majority of firms that charge a 25% fee. There are no upfront payments and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app, which will make it easier to look at your progress.
But, they do have a great support team and can be reached them not just via email but also via phone or submitting an electronic ticket. Trump Tax Relief For Farmers Over Tariffs
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Trump Tax Relief For Farmers Over Tariffs
How long does it take to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What do I need to do after joining 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.