Has your debt been increasing lately? Are you exhausted from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because been through every thing.
In most cases, the most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they are able to help or put you into more debt.
According to their clients, they can assist you in managing the majority of your debts so that you can take couple of things off your plate.
For some the claims seem too good to be true.
You might be looking for any solution that could help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll take a deeper review of how CuraDebt works and what 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 if you prefer watching it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Weill Cornell Commuter Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active participant in 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, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. However, they also offer other services that will help you be more financially secure.
It all begins with requesting a free online savings estimate. This service is very confidential and won’t be doing a credit check. With this savings estimate you’ll discover more about options towards debt-free.
This estimate of savings, 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 support team to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt is the company to answer all of your creditor’s calls. They will also be the ones that will negotiate conditions of the payment in accordance with the state of your financial situation. Depending on which works most effectively to you, this can be either a lump sum settlement or the option of a payment plan.
Furthermore they will also be working with lenders to help you get better rates when you transfer money into your savings account. This, in turn, will be processed to pay the creditors. Their plans can help you settle the debt within two years.
Once you’ve signed up with them, they will give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal to track your performance.
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:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans credit cards, and line of credit. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive support for most claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations so that you can have cash settlements, should it be possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of their program is that you only be charged when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
With this program, you will be able to solve different types of taxes such as wage garnishments, tax penalties, personal and business taxes as well as 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 you have to pay.
There are a variety of options for the settlement of taxes. Here are 6 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 debt settlement is their specialty however, they do not provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your credit or loan is tied to an item that is physical.
However, if you have the following types of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off your past-due tax debts without difficulty. Additionally, this service is available across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt can also assist in settling your medical debt. In some instances, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students in negotiating the student loans they owe.
Payday loans and personal loans are also eligible 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 an alternative 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 can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you settle each of your debts.
Also, they do not charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt that you settled through them.
On average, this type of industry charges between 15 and 25%.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. But, it also differs according to the amount you are able to save each month.
Also, they claim that you can save as much as 30% if you include their charges into your calculation.
However, the claim may differ based on the situation. Some customers even claimed to save 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Additionally they only charge an amount of 20%, while most companies charge you 25%.
If you’re finished in the process of debt resolution, you could also sign up for their credit restoration program.
It’s a great option to rebuild your credit score without having to go into debt again. However, the program lasts different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any violations of creditor with the help of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using your credit card. So if you’re trying to build a better credit score, it may cause you to delay finishing your obligations.
CureDebt also doesn’t offer a mobile application. While they do have a client website, it looks aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more for these types of services. Moreover the 20% service fee is lower than many firms that charge a 25% fee. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account to see your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app that would make it easier to track your performance.
But, they do have a competent support staff and can be reached them, not only via emails but also via phone or sending an electronic ticket. Weill Cornell Commuter Tax Relief
If credit card is a major problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services that they provide are offered in your state.
FAQ Weill Cornell Commuter Tax Relief
What is the time frame 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 agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that will help you with problems such as late payroll taxes and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.