Has your debt increased lately? Are you burnt out from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because tried every thing.
In the majority of cases, your best option is to speak with experts who can assist you settle this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they are able to help or put you in more debt.
According to their clients, they can help you manage 80percent of your debt , so you can take couple of w
orries off your plate.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, check out 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 the article for a more comprehensive review.
About the Company Turbo Tax Hurricane Relief Update
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is the most known feature. However, they also offer additional services to assist you in becoming financially stable.
First of all, it begins by requesting a free savings estimate on the internet. The service is completely confidential, and they won’t conduct a credit inquiry. With this savings estimate, you will discover more about alternatives to debt-free.
The savings estimate, which was mentioned before, gives you the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement plan, CuraDebt will be the one to answer all of the calls from your creditors. They will also be the ones who negotiate what you will pay for your settlement depending on the condition of your financial situation. In determining which option is the best to you, this could either be a lump sum settlement or the option of a payment plan.
Furthermore they will be working with the creditors to ensure that you enjoy better rates when you deposit money to your savings account, which is then processed to pay off the creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they’ll provide you with access to your data 24/7. All you have to do is sign in to CuraDebts Client Portal to track your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards, and also line of credit. You can also approach them to help settle any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating with back taxes as well as IRS debt. But, you won’t receive support for most of your lawsuits, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation in order to get cash settlements, if possible. Some violations can also lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The most appealing aspect of the program is that you only pay the fees 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 settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
By using this program, you will be able to solve various tax issues like wage garnishments, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices that is based on the amount you need to settle.
There are a variety of options for settling taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their specialization, they don’t provide all kinds of settlement. CuraDebt is only focused on debt that is not secured. They can’t assist you if your credit or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle taxes that are due without any problems. Additionally, this service is available to all 50 states if you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In certain cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students negotiate any student loans that they have to pay.
Personal loans and payday loans also qualify as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay up to 20 percent of the debt that you settled with them.
On average, this type of business can cost anywhere from 15% to 25 percentage.
In addition, customers can expect to settle their debts within 2 to 4 years. But, it also differs depending on the amount that you are able to save each month.
They also claim that you could save up to 30% when you factor in their fees in your equation.
However, the claim may differ based on the situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished by the program for debt relief, you could also sign up for their credit restoration program.
It’s a great method to improve your credit without going back into debt. However, the program lasts different for every person, depending on your situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any violations by creditors with the help of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with . Therefore, if you’re trying build a better rating on your credit, this might cause you to delay working on your credit card debt.
CureDebt does not have a mobile app. While they do have a website that clients can access, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on these kinds of services. Moreover their 20% service charge is less expensive than the majority of companies that offer the 25% cost. There is no upfront payment, and you will only be required to pay once the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt does not have an app, which would make it easier to look at your performance.
They do have a good support team, and you can reach them, not only via emails but also by phone or sending an electronic ticket. Turbo Tax Hurricane Relief Update
If problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Turbo Tax Hurricane Relief Update
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that can help you with problems such as late payroll taxes and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower the amount of debt you have over time.