Has your debt increased lately? Are you exhausted from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because already tried everything.
In the majority of cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people are asking if they are able to help or put you into more debt.
According to their customers, they can help you control 80percent of your debts so that you can finally take a couple of things off your plate.
However, for certain people, these claims are just too good to be true.
If you’re looking for anything that can help you resolve your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of how CuraDebt works and what problems it could help solve.
Furthermore, before we conclude, 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 continue, you may want to watch 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 Is Federal Tax Relief Day 2021
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a 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, certain states have limited their access to their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. But they offer other services that can help you be more financially stable.
First of all, it begins by requesting a free online savings estimate. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about the options to debt-free.
Savings estimates, as we’ve mentioned previously, offers you the opportunity to consider your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration if you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt will be the company to handle all of your creditor’s calls. They will also be the ones who will negotiate conditions of the settlement in accordance with the state of your financial situation. In determining which option is the most effectively for you, it can be a lump-sum settlement or a payment plan.
Furthermore they will also work with creditors so that you can have better rates as you deposit money to your savings account. This in turn, will process to pay creditors. Their plans can help you settle the debt within 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal to track your development.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans, credit cards and also line of credit. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. However, you will not receive assistance with the majority claims, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation so that you can have cash settlements, if possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt can also help you repay debt for less than the sum you have. They also allow you to have questions answered during a free consult with their debt counselor.
The best part about the program is that you only pay the fees when your debt is paid off. All you need to sign up to some of their programs and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you should be able to solve different types of taxes such as garnishments on wages and tax penalties, personal and business taxes and back taxes, 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 that you’ll have to pay.
They offer different options in paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialty, they don’t offer all kinds in debt resolution. CuraDebt is only focused on debt that is not secured. They can’t assist you if your debt or loan is tied to a physical item.
However, if you have the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle taxes that are due without difficulty. Additionally, this service is available to all 50 states in the event that you owe money in arrears to IRS. They have federal tax experts to assist you with the issues.
CuraDebt will also help you resolve your medical debt. In some cases, you may even pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating the student loans 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 an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you settle each of your outstanding debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay as much as 20% of the debt you settled through them.
On average, this type of business can cost anywhere between 15 and 25%.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. However, this also varies in relation to the amount you save per month.
Additionally, they claim you can save up to 30% if you include their charges into your calculation.
However, the claim may differ based on your situation. Some clients even mentioned saving 50 to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Furthermore they charge only an amount of 20%, while most companies charge you 25%.
If you’re finished with the debt settlement program, you could join their credit repair program.
It’s a fantastic option to rebuild your credit without having to go in debt again. The program is however designed different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also be looking into any violations of creditor using their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . If you’re trying to improve your standing on credit scores, you may set you back while you’re working on your credit card debt.
CureDebt also doesn’t have a mobile app. While they do have a client website however, it appears outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on these kinds of services. In addition, their 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There aren’t any upfront fees and you’ll only be required to pay once the debt is paid off.
Although they’ll give you an account to see your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app, which will make it easier to monitor your progress.
However, they have a good support team that you can contact them not just via email but also via phone or making an electronic ticket. When Is Federal Tax Relief Day 2021
If the credit card is a major problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the services they provide are in your area.
FAQ When Is Federal Tax Relief Day 2021
How long will it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt has a tax relief program to help you with problems such as late payroll tax and wage garnishments.
What’s the first thing I have 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 your debt over time.