Are you experiencing debt that has been piling up lately? Are you burnt out from trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve already tried everything.
In most cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they are able to help or put you in more debt.
According to their clients they can assist you in managing the majority of your debts so that you can finally take a few things off of your mind.
For some the claims seem too good to be true.
You might be looking for anything that can help you resolve your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at how CuraDebt operates and what issues it can help you solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can check out this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Where Do I Report The Nys Tax Relief Payment
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. But they offer additional services to help you be more financially stable.
First of all, it begins with requesting a free savings estimate online. The service is completely confidential and won’t be doing a credit check. With this estimate of savings you’ll learn more about your alternatives to be debt-free.
The savings estimate, which was mentioned earlier, provides you with an idea of your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating the process of credit arbitration should you choose 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 take care of all the calls from your creditors. They’ll also be the ones that will determine the terms of your settlement in accordance with the state of your financial situation. Based on what works most effectively your situation, the payment can be a lump-sum settlement or a payment plan.
Furthermore they will be working with creditors to ensure that you get better rates when you transfer money into your savings account. This, is then processed to pay off creditors. The plans they offer can help you pay off the debt in two years.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you have to do is login to CuraDebts the 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
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. They can help with medical bills, personal loans credit cards and line of credit. You can also approach them to pay off any remaining balance on business debt, collections, or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. But, you won’t receive assistance with the majority cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if possible. Certain violations may lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the amount you have. Additionally, you can have questions answered during a free consult with their debt counselor.
The greatest benefit of the program is that you will only have to pay for the charges when your debt is paid off. All you need to do is sign up with some of their programs, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
Through this program, you should be able to deal with different types of taxes such as wage garnishments, tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees either. They only offer flat-fee prices and is dependent on the amount you must settle.
They offer different options in the settlement of the tax debt. Here are six 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 assist you with?
Although they specialize in debt settlement, it is not their specialty, they don’t provide all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. 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 the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any problems. Additionally, this service is accessible to all 50 states in the event that you owe money to the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In certain cases, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students in negotiating the student loans they are owed.
Personal and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards, CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
Additionally, they do not charge high charges either. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percent.
Moreover, clients can expect to pay off their debts in two to four years. However, this also varies depending on the amount that you save per month.
Additionally, they claim that you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on your specific situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. In addition they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program, you can enroll in their credit restoration program.
It’s a fantastic option to rebuild your credit score without going into debt again. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any creditor violations with the assistance of their own experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with the credit card you use. So if you’re trying to build a better rating on your credit, this could delay you from working on your debt.
CureDebt also doesn’t have a mobile app available. While they do have a client website, it looks aged and simple. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on those types of services. Additionally, their 20% service charge is lower than many firms that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app that will make it easier to look at your performance.
They do have a competent support staff that you can contact them not just via email but also by phone or making an e-ticket. Where Do I Report The Nys Tax Relief Payment
If debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Where Do I Report The Nys Tax Relief Payment
How long will it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can help you with problems such as late payroll tax issues and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to lower the amount of debt you have over time.