Has your debt been piling up lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In the majority of cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you control the majority of your debt so that you are able to take couple of things off your plate.
For some, these claims are just too good to be true.
If you’re looking for something that will assist you in paying off your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, check out this video instead for a more relaxing way 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. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company When Given A Tax Relief Exemption In Ct, Does It Have To Be Paid Back
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a member 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, 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.
First of all, it begins by requesting a free online savings estimate. This service is very confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll learn more about your options towards debt-free.
The savings estimate, as we’ve mentioned before, gives you an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with 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 will be the one to answer all of your creditor’s calls. They’ll also be the ones who negotiate the terms of your settlement based on the status of your financial situation. In determining which option is the most effectively your situation, the payment can either be a lump sum settlement or a payment plan.
Furthermore they will also be working with the creditors to ensure that you get better rates when you make deposits to your savings account. This, in turn, will process to pay off the creditors. The plans they offer can help you settle the debt within 48 months.
Once you’ve signed up with them, they will allow you access to your data 24/7. All you have to do is sign in to CuraDebts’ client portal to track your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills credit cards and loans. They can also be approached to pay off any remaining amount on business debts and collections or repossessions.
They may also assist in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations in order to get cash settlements, if possible. Certain violations may lead to having your debts removed as well.
CuraDebt lets you settle debt with less than the sum you have. You can also have questions answered during a free consult with their debt counsellor.
The best part about the program is that you only pay the fees once your debt is settled. All you have to sign up to one of their plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial documents They will also gather all the paperwork you’ll need to file tax returns.
With this program, you will be able to resolve different types of taxes such as wage garnishments, tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges either. They only use flat-fee pricing and is dependent on the amount you must settle.
There are a variety of options when it comes to the settlement of taxes. Here are 6 of them:
- 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?
While debt settlement is their specialization however, they do not provide all kinds of settlement. CuraDebt concentrates on unsecured debt. They won’t be able to help you if your credit or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any problems. Additionally, this service is offered to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve your medical debt. In certain cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students with negotiating any student loans that they are owed.
Personal loans and payday loans also qualify for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. Only pay when you’ve paid each of your debts.
Also, they do not charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere between 15 and 25%.
In addition, customers can expect to pay off their debts in 2 to 4 years. This varies according to the amount you can save up per month.
Also, they claim you can save as much as 30% by incorporating their fees in your equation.
But this claim will also vary, depending on the situation. Some clients even mentioned saving between 50% and 80percent.
Advantages to using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution you could also sign up for their credit restoration program.
It’s a great method to improve your credit score without having to go into debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations of creditor with the assistance of their in-house experts.
Drawbacks of using 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 the credit card you use. So if you’re trying to increase your rating on your credit, this may set you back while you’re finishing your credit card debt.
CureDebt also doesn’t have a mobile app. Although they have a client website, it looks aged and simple. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on these kinds of services. Moreover, their 20% service fee is lower than many companies that offer an additional 25% charge. There are no upfront payments and you’ll only have to pay when the debt is settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app that could make it easier for you to track your progress.
But, they do have a competent support staff and can be reached them, not only via emails but by phone or by sending an e-ticket. When Given A Tax Relief Exemption In Ct, Does It Have To Be Paid Back
If problem of debt is an problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they provide are in your area.
FAQ When Given A Tax Relief Exemption In Ct, Does It Have To Be Paid Back
What is the time frame to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt provides tax relief programs to help you with problems such as late payroll tax issues and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down the amount of debt you have over time.