Are you experiencing debt that has increased lately? Are you exhausted from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they can help you or put you into more debt.
According to their customers, they can help you manage 80% of your debt so that you can take couple of w
orries off your shoulders.
For some, these claims are just too good to be true.
You might be looking for any solution that could aid you in settling your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at the way CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, go to this video if you prefer watching it.
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 review. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Wall And Associates Tax Relief Philadelphia
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted 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 secure.
The process starts by requesting a no-cost online savings estimate. It is a completely private service and won’t be doing a credit check. By using this estimate of savings, you will learn more about your other options in your journey to debt-free.
This estimate of savings, as mentioned previously, offers you an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt will be the agency to answer all of your creditor’s calls. They’ll also be the ones who will determine the terms of your repayment in accordance with the state of your financial situation. Based on what works most effectively for you, it can be either 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, is then processed to pay off creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you have to do is log in to CuraDebts’ client portal so that you can monitor your performance.
Before you can avail of their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills credit cards, as well as line of credit. You can also approach them to help settle any remaining balance of business debt and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance for the majority cases, government loans as well as collateral and utility bills. They also don’t cover most 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 will also help you identify debtors who are in violation in order to get cash settlements, should it be possible. Certain violations may result in having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the amount you own. You can also have questions answered during a free consultation with their debt counselor.
The greatest benefit of their plan is that you’ll only have to pay for the charges when your debt is paid off. All you need to sign up to some of their programs, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to deal with the various types of tax problems like garnishments on wages and tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They only offer flat-fee prices, which depends on the amount that you’ll must settle.
They offer different options for settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization, they don’t cater to all types of settlement. CuraDebt only focuses on unsecured debt. They can’t help you if your credit or loan is tied to an item that is physical.
If you do have 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 difficulty. Moreover, this type of service is available to all 50 states if you have a debt in arrears to IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students in negotiating any loans they have to pay.
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 that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your outstanding debts.
Also, they do not charge high costs either. On average, you’ll have to pay up to 20% of the debt you settled through them.
In general, this type of industry charges between 15% and 25 percent.
Moreover, clients can expect to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you can save up per month.
Also, they claim that you can save up to 30% when you factor in their fees in your equation.
However, this statement will depend on your situation. Some customers have even talked about saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Furthermore they only charge a 20% fee while most companies charge you 25 percent.
If you’re finished by the program for debt relief, you could join their credit restoration program.
It’s an excellent option to rebuild your credit without going in debt again. However, the program runs different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any creditor violations with the assistance of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with your credit card. Therefore, if you’re trying build a better rating on your credit, this may cause you to delay getting rid of your debt.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients however, it appears old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on those types of services. Moreover, their 20% service cost is less expensive than the majority of firms that charge a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which will make it easier to monitor your progression.
However, they have a great support team and can be reached them, not only via emails but by phone or by submitting an electronic ticket. Wall And Associates Tax Relief Philadelphia
If your debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they provide are in your area.
FAQ Wall And Associates Tax Relief Philadelphia
How long does it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can aid you in dealing with problems such as late payroll taxes and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.