Have your debts been piling up lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they can help you or put you into more debt.
According to their clients, they can help you control 80% of your debt so that you can take few things off of your plate.
However, for certain people they believe these claims are too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before beginning the review, 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company What Happened To The Family Tax Credit Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. But they offer other services that can assist you in becoming financially secure.
First of all, it begins with requesting a free online savings estimate. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about the other options in your journey towards debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an insight into your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt is the company to take care of all your creditor’s calls. They’ll also be the ones who will determine conditions of the repayment based on the status of your finances. In determining which option is the most effectively to you, this could either be a lump sum settlement or a payment plan.
Additionally, they will work with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This in turn, will process to pay the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to monitor your development.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for all kinds of debt. They can help with medical bills, personal loans credit cards and also lines of credit. They can also be approached to pay off any remaining balance of business debt and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not receive assistance for the majority of your lawsuits, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll 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 debtors who are in violation to ensure that you receive cash settlements, should it be possible. Certain violations may cause your debt to be also dismissed.
CuraDebt can also help you settle debt with less than the amount you have. You can also inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their plan is that you’ll only have to pay for the charges after your debt has been settled. All you need to do is sign up with some of their programs, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to solve the various types of tax problems like garnishments on wages, tax penalties, personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
They offer different options when it comes to the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their specialization, they don’t cater to all types of debt settlement. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if your loan or debt is linked to an actual item.
However, if you have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without difficulty. Additionally, this service is available across all 50 states, if you owe money to the IRS. They have federal tax experts to assist you with the issues.
CuraDebt can also assist in settling your medical debt. In some cases you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students with negotiating any loans they are owed.
Personal loans and payday loans also qualify for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you got from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay as much as 20 percent of the debt that you settled through them.
In the average, this kind of industry charges between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debts within two to four years. But, it also differs in relation to the amount you save per month.
They also claim you can save as much as 30% by incorporating their fees in your equation.
However, this statement will differ based on your situation. Some customers have even talked about saving 50 to up to 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition they charge only an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done in the process of debt resolution, you could enroll in their credit restoration program.
It’s a fantastic method to improve your credit without having to go into debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into any violations of creditor using their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with your credit card. If you’re trying to improve your credit score, it could delay you from getting rid of your obligations.
CureDebt also doesn’t have a mobile app. While they do have a client website but it’s old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on these kinds of services. Moreover, their 20% service charge is cheaper than most firms that charge a 25% fee. There are no upfront payments, and you will only have to pay when the debt is paid off.
While they’ll provide you with an account so that you can track your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app, which could make it easier for you to look at your performance.
They do have a great support team and can be reached them not only through emails but also by phone or making an e-ticket. What Happened To The Family Tax Credit Relief
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they provide are in your area.
FAQ What Happened To The Family Tax Credit Relief
What is the time frame to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt provides tax relief programs that can assist you with issues such as late payroll tax issues and wage garnishments.
What do I need to do once I’m in the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.