Have your debts been increasing lately? Are you exhausted from trying different financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can help you or put you in more debt.
According to their customers, they can help you control the majority of your debt , so you can finally take a few things off of your plate.
But for some people, these claims are just too good to be true.
You might be looking for something that will aid you in settling your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before you begin 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 watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Where Is Tax Relief Credit On Nys Tax Form
CuraDebt is a company that provides debt relief 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 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 the most well-known feature. However, they also offer other services that can help you be more financially secure.
It all begins with requesting a free online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings you’ll be able to learn more about the options to be debt-free.
Savings estimates, as mentioned earlier, provides you with the opportunity to consider your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program, CuraDebt will be the company to take care of all your creditor’s calls. They will be the ones who will negotiate conditions of the payment in accordance with the state of your financial situation. Depending on which works most effectively your situation, the payment can be a lump-sum settlement or a payment plan.
Furthermore they will also work with lenders to help you get better rates when you make deposits to your savings account. This in turn, will be processed to pay off creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve signed up with them, they will allow you access to your data 24/7. All you need to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you can avail of the program, you’ll have to pass their requirements first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans, credit cards as well as line of credit. They can also be approached to pay off any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors in order to get cash settlements, if possible. Certain violations could cause your debt to be removed as well.
CuraDebt lets you settle debt with less than the sum you have. They also allow you to inquire about your debt during their no-cost consultation with their debt counselor.
The best part about the program is that you only pay the fees once your debt is settled. All you have to sign up for one of their plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial documents They will also gather all the documents you’ll require for tax returns.
With this program, you’ll be able to resolve different types of taxes such as wage garnishments as well as tax penalties for personal and business taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges also. They only use flat-fee pricing, which depends on the amount that you’ll need to settle.
There are a variety of options for settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt only focuses on loans that are not secured. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
If you do have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Additionally, this service is available 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 the issues.
CuraDebt will also help you resolve any medical-related debt. In some instances, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students negotiate the student loans they have to pay.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and 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 do not charge an upfront cost. The only time you pay is when you have paid off all of your debts.
They also don’t have high-cost charges either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled with them.
On average, this type of industry can charge anywhere from 15% to 25%.
In addition, customers can expect to pay off their debts in two to four years. However, this also varies according to the amount you save per month.
They also claim you can save up to 30% when you factor in their charges into your calculation.
But this claim will also depend on the situation. Some customers even claimed to save 50% to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition they only charge a 20% fee while most companies charge you 25%.
Next, if you’re done with the debt settlement program you may enroll in their credit restoration program.
It’s an excellent way to restore the credit rating without having to go into debt again. The program is however designed differently for each person according to your personal situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means your debt won’t inflate over time. They’ll also be looking into any creditor violations with the assistance of their experts in-house.
Some disadvantages to the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using . Therefore, if you’re trying increase your standing on credit scores, you may set you back while you’re getting rid of your obligations.
CureDebt does not offer a mobile application. While they have a client website, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on these kinds of services. Moreover, their 20% service fee is cheaper than most companies that offer a 25% fee. There is no upfront payment and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account to see your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that could make it easier for you to monitor your progress.
However, they have a competent support staff that you can contact them not only through emails but by phone or by sending an e-ticket. Where Is Tax Relief Credit On Nys Tax Form
If problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your area.
FAQ Where Is Tax Relief Credit On Nys Tax Form
How long will it take to finish the program?
The program typically takes 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to assist you with issues such as late payroll tax issues and garnishments on wages.
What should I do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.