Has your debt been increasing lately? Are you burnt out from trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, the best option is to speak with professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. Many people are asking if they are able to help or put you in more debt.
According to their customers, they can assist you in managing the majority of your debt so that you are able to take couple of w
orries off your shoulders.
But for some people the claims seem 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 an in-depth look at the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before starting the review, check out this video instead for a more relaxing way to watch 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 overview. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Washington State Teacher Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. But they offer other services that can help you be more financially stable.
It all starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not be conducting a credit screening. By using this estimate of savings you’ll be able to learn more about your alternatives towards debt-free.
The savings estimate, as mentioned earlier, provides you with the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program, CuraDebt will be the company to take care of all the calls from your creditors. They will also be the ones that will negotiate conditions of the payment based on the status of your finances. Based on what works best to you, this can be a lump-sum settlement or a payment plan.
Moreover, they will be working with the creditors to ensure that you have better rates as you deposit money to your savings account, which is then processed to pay off creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal so that you can monitor your development.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills, credit cards as well as line of credit. They can also be approached to pay off any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you will not receive support for most of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will help you use laws like those of 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, if they are possible. Certain violations may result in having your debts also dismissed.
CuraDebt can also help you repay debt for less than the sum you have. They also allow you to inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their program is that you’ll only pay the fees after your debt has been settled. All you have to sign up to any of the plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to solve various tax issues like wage garnishments, tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing that is based on the amount you need to settle.
There are a variety of options for settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their specialty but they aren’t able to offer all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if your debt or loan is tied to a physical item.
However, if you have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without difficulty. Furthermore, this service is offered across all 50 states, if you owe money towards the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also assist in settling your medical debt. In certain cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students with negotiating the student loans they have to pay.
Payday loans and personal loans also qualify as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from another 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 can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they do not charge high fees as well. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of industry can charge anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debts within two to four years. But, it also differs according to the amount you save per month.
Additionally, they claim you can save as much as 30% if you include their costs into your calculations.
But this claim will also differ based on your situation. Some customers even claimed to save 50 to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. Furthermore they charge only a 20% fee while most companies charge you 25%.
Then, if you’re done with the debt settlement program, you may also sign up for their credit repair program.
It’s a great way to restore your credit without going into debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations of creditor with the assistance of their own experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop paying with the credit card you use. So if you’re trying to improve your standing on credit scores, you may delay you from getting rid of your credit card debt.
CureDebt also doesn’t have a mobile app. While they do have a client website, it looks outdated and basic. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more for these types of services. In addition the 20% service cost is cheaper than most companies that offer the 25% cost. 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 to see your progress, their website is not simple to navigate. CuraDebt isn’t even an app yet, which will make it easier to monitor your progress.
They do have a competent support staff that you can contact them not only through emails but also via phone or sending an electronic ticket. Washington State Teacher Tax Relief
If problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services that they provide are offered in your area.
FAQ Washington State Teacher Tax Relief
How long does it take to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as late payroll tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.