Has your debt been increasing lately? Are you exhausted from trying other financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they can help you or help you get into more debt.
According to their clients, they can help you manage 80percent of your debt so that you can finally take a couple of things off your shoulders.
For some, these claims are just too good to be true.
If you’re looking for something that will aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of how CuraDebt works and what problems it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, you can go to this video if you prefer watching 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 review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Unemployment Tax Relief Phase Out
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best known feature. But they offer additional services to help you be more financially stable.
The process starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and won’t be conducting a credit screening. By using this estimate of savings you’ll learn more about your alternatives towards debt-free.
This estimate of savings, as mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration if you decide to enroll. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement program, CuraDebt will be the one to handle all of your creditors’ calls. They’ll also be the ones who will negotiate what you will pay for your settlement based on the status of your finances. Depending on which works most effectively your situation, the payment can be a lump-sum settlement or an installment plan.
Furthermore they will work with lenders to help you enjoy better rates when you transfer money into your savings account. This in turn, will be processed to pay creditors. Their programs can assist you to pay off the debt in two years.
After you’ve signed up with them, they’ll give you access to your information 24/7. All you have to do is sign in to CuraDebts’ client portal to monitor your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with 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 balance on business debt collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. However, you won’t get assistance with the majority of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, if possible. Certain violations may lead to having your debts removed as well.
CuraDebt can also help you repay debt for less than the amount you have. Additionally, you can ask questions during their free consultation with their debt advisor.
The greatest benefit of their program is that you’ll only be charged 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 pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you will be able to resolve various tax issues like garnishments on wages as well as tax penalties for personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices that is based on the amount that you’ll need to settle.
They have different solutions for 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 types of debt can they assist you with?
Although debt settlement is their specialty, they don’t offer all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your debt or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to settle taxes that are due without any issues. Additionally, this service is available to all 50 states in the event that you have a debt to the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some instances you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students negotiate any loans they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Additionally, they do not charge high charges either. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
On average, this type of industry can charge anywhere between 15% and 25 percentage.
Moreover, clients can expect to settle their debts within 2 to 4 years. This varies according to the amount you save per month.
Additionally, they claim that you could save as much as 30% by incorporating their fees in your equation.
But this claim will also vary, depending on the situation. Some customers even claimed to save between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s look into the advantages of using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. In addition, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution you could also sign up for their credit restoration program.
It’s an excellent way to restore the credit rating without going back into debt. However, the program runs 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 help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also be looking into any creditor violations with the help of their in-house experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with the credit card you use. If you’re trying to improve your rating on your credit, this might cause you to delay finishing your debt.
CureDebt also doesn’t have a mobile app. 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.
In addition, they’re not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more for these types of services. Moreover, their 20% service cost is cheaper than most companies that offer an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app, which would make it easier to monitor your progression.
They do have a great support team that you can contact them not just via email but by phone or by making an e-ticket. Unemployment Tax Relief Phase Out
If your problem of debt is an issue right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services they offer are available in your area.
FAQ Unemployment Tax Relief Phase Out
What is the time frame to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs to assist you with issues such as delinquent payroll taxes and wage garnishments.
What should I do when I’m enrolled in 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.