Have your debts been piling up lately? Are you exhausted from trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, the most effective approach is to talk to experts who 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 help you get into more debt.
According to their clients, they can help you manage 80% of your debt so that you are able to take few things off of your plate.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, you can check out this video instead in case you would prefer for it to be watched.
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. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Utah Circuit Breaker Tax Relief For Renters
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. But they offer other services that can assist you in becoming financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and won’t be conducting a credit screening. With this savings estimate, you will be able to learn more about the other options in your journey to debt-free.
The savings estimate, as we’ve mentioned before, gives you an idea of your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help you with credit arbitration in the event that you decide to sign up. Some financial advisors can help you on your path to debt-free living.
After your debt settlement plan, CuraDebt can be the agency to answer all of your creditor’s calls. They’ll be the ones who will determine the terms of your repayment depending on the condition of your financial situation. Depending on which works most effectively to you, this could either be a lump sum settlement or a payment plan.
Additionally they will also work with creditors to ensure that you have better rates as you make deposits to your savings account. This in turn, will process to pay off creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts’ client portal to monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards as well as loans. They are also able to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get assistance for the majority cases, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as those of 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 so that you can have cash settlements, should it be possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you repay debt for less than the sum you have. You can also have questions answered during a free meeting with their debt advisor.
The best part about the program is that you’ll only have to pay for the charges when your debt is paid off. All you need to do is sign up with one of their plans, and you’ll be able resolve all 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 documents you’ll require for tax returns.
With this program, you should be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing that is based on the amount you’ll have to pay.
They offer different options when it comes to paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialty however, they do not cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to help you if your loan or debt is linked to an item that is physical.
If, however, you are in one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle taxes that are due without any issues. Furthermore, this service is available across all 50 states, if you have a debt to the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students with negotiating any student loans that they owe.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their services. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
They also do not charge high costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
In general, this type of industry charges from 15% to 25%.
In addition, customers can expect to settle their debt from between 2 and 4 years. However, this also varies depending on the amount that you save per month.
They also claim that you can save as much as 30% by incorporating their fees in your equation.
But this claim will also depend on your situation. Some clients even mentioned saving 50% to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s explore the benefits from using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. In addition, they only charge an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief, you may join their credit restoration program.
It’s an excellent option to rebuild your credit without going back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate 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 settlement and debt relief often require you to cease making payments with the credit card you use. If you’re trying to improve your rating on your credit, this could cause you to delay getting rid of your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a website that clients can access, it looks outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on these kinds of services. Additionally the 20% service charge is cheaper than most businesses that charge the 25% cost. There are no upfront payments and you’ll 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 easy to navigate. CuraDebt isn’t even an app that will make it easier to look at your progression.
But, they do have a competent support staff and can be reached them, not only via emails but also via phone or making an electronic ticket. Utah Circuit Breaker Tax Relief For Renters
If the problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services that they provide are offered in your area.
FAQ Utah Circuit Breaker Tax Relief For Renters
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs that can help you with problems such as delinquent payroll tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce the amount of debt you have over time.