Has your debt increased lately? Are you tired of trying other financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through every thing.
In most cases, the best way is to approach experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can assist you or put you in more debt.
According to their clients they can assist you in managing 80percent of your debt , so you can finally take a few things off of your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In this case, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of the way CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before beginning the review, watch this video instead if you 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. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Which Economic Policy Intends To Boost Consumer Spending Through Tax Relief?
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will help you be more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. It is a completely private service and they will not be conducting a credit screening. With this savings estimate you’ll be able to discover more about alternatives towards debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an idea of your options regardless of whether or not 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 sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the company to handle all of your creditors’ calls. They will also be the ones that determine what you will pay for your repayment based on the status of your financial situation. Based on what works best to you, this could either be a lump sum settlement or an installment plan.
Furthermore they will also be working with lenders to help you enjoy better rates when you deposit money to your savings account, which in turn, will be processed to pay off the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
After you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards and also line of credit. They are also able to settle any outstanding amount on business debts and collections or repossessions.
They can even help negotiate on tax owed and IRS debt. However, you won’t get support for most cases, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as those of 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 so that you can have cash settlements, if possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the sum you have. You can also have questions answered during a free meeting with their debt counselor.
The greatest benefit of their plan is that you only have to pay for the charges after your debt has been settled. All you have to do is sign up with any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. After they have gathered all your financial documentation, they will also collect all the necessary paperwork for tax returns.
Through this program, you should be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you need to settle.
They have different solutions for settling taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their forte but they aren’t able to provide all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They can’t help you if the loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off taxes that are due without any problems. Moreover, this type of service is available across all 50 states, if you owe money in arrears to IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt will also help you resolve your medical debt. In some cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students negotiate any loans they have to pay.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
Also, they do not charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. This varies depending on the amount that you are able to save each month.
Additionally, they claim that you can save as much as 30% when you factor in their charges into your calculation.
But this claim will also depend on the situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. In addition they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done with the debt settlement program, you can also sign up for their credit restoration program.
It’s an excellent way to restore your credit without having to go into debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any creditor violations using their own experts.
Some disadvantages to using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using your credit card. If you’re trying to build a better standing on credit scores, you may set you back while you’re finishing your debt.
CureDebt does not offer a mobile application. While they have a client website but it’s old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. Additionally their 20% service fee is lower than many businesses that charge a 25% fee. There are no upfront payments and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access 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 progression.
They do have a great support team and can be reached them not only through emails but by phone or by making an e-ticket. Which Economic Policy Intends To Boost Consumer Spending Through Tax Relief?
If the problem of debt is an problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Which Economic Policy Intends To Boost Consumer Spending Through Tax Relief?
What is the time frame to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief to assist you with issues like delinquent tax issues and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.