Has your debt increased lately? Are you burnt out from trying other financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve been through 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. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients, they can assist you in managing 80% of your debt so that you are able to take couple of things off your mind.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
Before starting the review, you can go to this video in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company When Do New York State Tax Relief Checks 2021
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 accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. They also provide other services that can help you be more financially secure.
It all starts by requesting a no-cost savings estimate online. This service is very confidential and won’t be doing a credit check. With this estimate of savings you’ll be able to learn more about your other options in your journey to be debt-free.
The savings estimate, which was mentioned before, gives you an insight into your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to sign up. Some financial advisors can help you in your debt-free journey.
After your debt settlement plan, CuraDebt is the company to handle all of your creditors’ calls. They will also be the ones that determine what you will pay for your settlement depending on the condition of your financial situation. In determining which option is the best to you, this can be a lump-sum settlement or an installment plan.
Furthermore, they will work with creditors so that you can enjoy better rates when you make deposits to your savings account, which is then processed to pay back the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal to monitor your progress.
Before you can avail of their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills, credit cards and also line of credit. You can also approach them to pay off any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. However, you won’t get assistance for the majority of your lawsuits, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will 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 creditor violations so that you can have cash settlements, should it be possible. Some violations can also cause your debt to be also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you own. You can also ask questions during their free consult with their debt counsellor.
The greatest benefit of their program is that you will only pay the fees once your debt is settled. All you have to do is sign up with any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial records, they will also collect all the necessary paperwork to file tax returns.
With this program, you will be able to solve the various types of tax problems like garnishments on wages and tax penalties, personal and taxation for business as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you’ll have to pay.
There are a variety of options when it comes to the settlement of taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their specialization however, they do not cater to all types in debt resolution. CuraDebt is only focused on loans that are not secured. They aren’t able to help you if the debt or loan is tied to a physical item.
If you do have the following types of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without difficulty. Furthermore, this service is accessible to all 50 states if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve the medical bills. In certain cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students in negotiating any loans they are owed.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. Only pay when you’ve paid each of your outstanding debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay up to 20% of the debt you settled through them.
In general, this type of business can cost anywhere from 15% to 25 percentage.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you save per month.
They also claim that you could save as much as 30% by incorporating their costs into your calculations.
But this claim will also vary, depending on your situation. Some clients even mentioned saving 50% to up to 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. Additionally they only charge an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done with the debt settlement program you can also sign up for their credit repair program.
It’s an excellent method to improve your credit without going back into debt. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the help of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with . Therefore, if you’re trying improve your standing on credit scores, you might set you back while you’re working on your obligations.
CureDebt doesn’t even have a mobile app. Although they have a client website but it’s aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more on those types of services. Additionally their 20% service charge is cheaper than most firms that charge the 25% cost. There are no upfront payments and you’ll only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which could make it easier for you to track your progress.
But, they do have a good support team and can be reached them not only through emails but also by phone or making an electronic ticket. When Do New York State Tax Relief Checks 2021
If the credit card is a major problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ When Do New York State Tax Relief Checks 2021
What is the time frame to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that will help you with problems like delinquent tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to lower the amount of debt you have over time.