Have your debts been increasing lately? Are you burnt out from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they are able to help or put you into more debt.
According to their customers, they can help you control the majority of your debts so that you can take couple of w
orries off your shoulders.
But for some people they believe these claims are too good to be true.
If you’re looking for something that will assist you in paying off your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before you begin the review, you can check out 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 review. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company When Are 2021 Tax Extensions Due Hurricane Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. They also provide additional services to aid you in becoming more financially secure.
It all begins by requesting a free savings estimate online. It is a completely private service and won’t be conducting a credit screening. By using this estimate of savings you’ll discover more about alternatives to be debt-free.
This estimate of savings, as mentioned earlier, provides you with an idea of your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt will be the one to handle all of the calls from your creditors. They will be the ones who determine conditions of the payment based on the status of your financial situation. In determining which option is the most effectively to you, this could be either a lump sum settlement or an installment plan.
Additionally they will also be working with the creditors to ensure that you enjoy better rates when you make deposits to your savings account. This in turn, will be processed to pay creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve registered with them, they will allow you access to your account information 24 hours a day. All you need to do is login to CuraDebts’ client portal to monitor your performance.
Before you can avail of the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing with debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes medical bills, personal loans credit cards, as well as loans. They can also be approached to help settle any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. But, you won’t receive assistance for the majority claims, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations may result in having your debts dismissed as well.
CuraDebt lets you repay debt for less than the sum you have. Additionally, you can ask questions during their free consult with their debt counselor.
The greatest benefit of the program is that you only pay the fees once your debt is settled. All you need to sign up to one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
With this program, you will be able to deal with various tax issues like wage garnishments as well as tax penalties for personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices that is based on the amount you must settle.
They have different solutions in the settlement of taxes. 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 forte, they don’t provide all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if the credit or loan is tied to a physical item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any problems. Additionally, this service is available to all 50 states in the event that you owe money towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also assist in settling your medical debt. In certain cases you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students negotiate any student loans that they owe.
Personal and payday 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 have obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
Also, they do not charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt 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 between 2 and 4 years. However, this also varies depending on the amount that you save per month.
Additionally, they claim that you could save up to 30% when you factor in their costs into your calculations.
But this claim will also depend on your specific situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. In addition, they only charge a 20% fee while the majority of companies charge 25%.
If you’re finished with the debt settlement program, you can also sign up for their credit restoration program.
It’s a fantastic method to improve your credit without having to go into debt again. However, the program runs in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also be looking into any violations by creditors with the help of their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with your credit card. Therefore, if you’re trying improve your standing on credit scores, you might cause you to delay working on your obligations.
CureDebt also doesn’t have a mobile app. Although they have a website for clients however, it appears aged and simple. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on those types of services. Moreover the 20% service fee is cheaper than most firms that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
While they’ll provide you with an account so that you can track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app, which would make it easier to monitor your progress.
However, they have a competent support staff, and you can reach them not only through emails but also by phone or submitting an e-ticket. When Are 2021 Tax Extensions Due Hurricane Relief
If the debt is a big problem, then we recommend CuraDebt’s service. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ When Are 2021 Tax Extensions Due Hurricane Relief
What is the time frame to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt has a tax relief program to aid you in dealing with problems such as delinquent payroll tax and garnishments on wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to pay down the amount of debt you have over time.