Are you experiencing debt that has been piling up lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they are able to help or put you into more debt.
According to their clients they can help you control 80% of your debt , so you can finally take a couple of w
orries off your plate.
For some 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. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at how CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before beginning the review, watch this video instead in case you would 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 overview. After, you will want to read the rest of the article for a more comprehensive review.
About the Company What Will Tax Relief Look Like For The Middle Class
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. However, they also offer additional services to assist you in becoming financially secure.
It all starts by requesting a no-cost online savings estimate. It is a completely private service, and they 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.
This estimate of savings, which was mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt is the one to answer all of the calls from your creditors. They will also be the ones who determine what you will pay for your payment in accordance with the state of your finances. Based on what works best to you, this could be either a lump sum settlement or a payment plan.
Additionally they will also work with creditors to ensure that you enjoy better rates when you make deposits to your savings account, which in turn, will process to pay back the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll give you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal so that you can monitor your performance.
Before you can benefit from 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
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the different 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. This includes medical bills, personal loans, credit cards and also loans. You can also approach them to help settle any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you will not receive assistance with the majority claims, government loans as well as collateral and utility bills. They also don’t cover most 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, if possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the amount you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The greatest benefit of their plan is that you’ll only be charged once your debt is settled. All you need to do is sign up with some of their programs and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documentation, they will also collect all the necessary paperwork to file tax returns.
With this program, you should be able to resolve various tax issues such as wage garnishments, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges either. They use only flat-fee pricing, which depends on the amount you’ll have to pay.
They offer different options when it comes to paying off 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 help you with?
Although debt settlement is their specialization, they don’t provide all kinds of settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if your loan or debt is linked to an actual item.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle taxes that are due without difficulty. Moreover, this type of service is accessible to all 50 states if you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students negotiate the student loans they have to pay.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
Additionally, they don’t have high-cost charges either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled through them.
On average, this type of industry can charge anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. This varies according to the amount you can save up per month.
Additionally, they claim you can save as much as 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on your specific situation. Some customers even claimed to save 50% to 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can offer you let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Additionally they only charge an amount of 20%, while the majority of companies charge 25 percent.
Then, if you’re done with the debt settlement program, you may join their credit restoration program.
It’s a great way to restore your credit without having to go into debt again. However, the program lasts differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, your debt won’t inflate over time. They’ll also look into any violations of creditor using their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop paying with your credit card. So if you’re trying to build a better standing on credit scores, you may cause you to delay getting rid of your debt.
CureDebt doesn’t even offer a mobile application. While they do have a client website, it looks old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not credited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more for these types of services. In addition, their 20% service charge is lower than many businesses that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when your debt is finally settled.
Although they’ll give you an account so that you can track your progress, their website is not user-friendly. CuraDebt also doesn’t have an app, which will make it easier to look at your progress.
They do have a competent support staff and can be reached them not just via email but also via phone or submitting an electronic ticket. What Will Tax Relief Look Like For The Middle Class
If the credit card is a major issue right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services they provide are in your state.
FAQ What Will Tax Relief Look Like For The Middle Class
How long will it take to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll taxes and wage garnishments.
What do I need to do when I’m enrolled 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.