Have your debts been piling up lately? Are you exhausted from trying different financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they are able to help or put you into more debt.
According to their clients they can assist you in managing 80% of your debt , so you can finally take a couple of worries off your plate.
But for some people the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt works and what problems it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before beginning the review, you can watch this video instead in case you would prefer watching it.
Otherwise, let’s begin.
Before you go on, 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 our article for a more comprehensive review of CuraDebt.
About the Company Unemployment Benefits Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a part 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 CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. They also provide other services that will aid you in becoming more financially stable.
First of all, it begins with requesting a free savings estimate online. It is a completely private service and won’t be conducting a credit screening. 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, as mentioned before, gives you an insight into your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt can be the company to handle all of your creditor’s calls. They’ll be the ones who determine conditions of the repayment in accordance with the state of your financial situation. Based on what works best for you, it could be either a lump sum settlement or the option of a payment plan.
Additionally they will also be working with creditors so that you can enjoy better rates when you transfer money into your savings account, which in turn, will process to pay off the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you need to do is log in to CuraDebts Client Portal to monitor your progress.
Before you can benefit from 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
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills credit cards and also lines of credit. They are also able to settle any outstanding balance on business debt, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive support for most claims, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like that of 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. Some violations can also cause your debt to be removed as well.
CuraDebt also allows you to repay debt for less than the amount you have. Additionally, you can have questions answered during a free consultation with their debt advisor.
The greatest benefit of their plan is that you only have to pay for the charges when your debt is paid off. All you have to sign up to any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you will be able to resolve various tax issues like garnishments on wages as well as tax penalties for personal and taxation for business, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They use only flat-fee pricing, which depends on the amount that you’ll must settle.
They have different solutions in settling taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization however, they do not offer all kinds in debt resolution. CuraDebt is only focused on unsecured debt. They won’t be able to assist you if your debt or loan is tied to an item that is physical.
If you do have the following types of debt, they will make arrangements for settlements.
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 accessible 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 these kinds of problems.
CuraDebt will also help you resolve the medical bills. In certain cases you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating the student loans they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
They also do not charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. This varies in relation to the amount you save per month.
Also, they claim you can save as much as 30% if you include their costs into your calculations.
However, this statement will vary, depending on the situation. Some customers even claimed to save between 50% and up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. In addition they charge only a 20% fee while the majority of companies charge 25%.
If you’re finished by the program for debt relief, you could also sign up for their credit restoration program.
It’s a fantastic option to rebuild the credit rating without having to go into debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations of creditor with the help of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with your credit card. If you’re trying to increase your rating on your credit, this might set you back while you’re finishing your debt.
CureDebt also doesn’t have a mobile app available. While they have a client website however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on those types of services. Additionally their 20% service cost is less expensive than the majority of businesses that charge an additional 25% charge. There aren’t any upfront fees 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 easy to navigate. CuraDebt also doesn’t have an app that will make it easier to look at your progression. Unemployment Benefits Tax Relief
They do have a great support team and can be reached them not just via email but by phone or by making an electronic ticket. Unemployment Benefits Tax Relief
If your debt is a big problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Unemployment Benefits Tax Relief
How long will it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt has a tax relief program that can assist you with issues such as late payroll tax issues and garnishments on wages.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down your debt over time.