Has your debt increased lately? Are you tired of trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they are able to help or help you get into more debt.
According to their customers, they can help you manage 80% of your debt , so you are able to take few things off of your mind.
But for some people, these claims are just too good to be true.
You might be looking for something that will assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper study of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before starting the review, check out this video instead for a more relaxing way to watch 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.
About the Company Who Gets School Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. But they offer other services that will help you be more financially secure.
It all begins by requesting a free savings estimate online. It is a completely private service, and they won’t conduct a credit inquiry. With this savings estimate you’ll be able to discover more about options to be debt-free.
Savings estimates, as mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating credit arbitration if you decide to enroll. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement plan, CuraDebt can be the company to answer all of your creditors’ calls. They will also be the ones that will negotiate what you will pay for your payment in accordance with the state of your finances. In determining which option is the most effectively to you, this could be either a lump sum settlement or the option of a payment plan.
Moreover, they will be working with creditors so that you can enjoy better rates when you make deposits to your savings account. This is then processed to pay the creditors. The plans they offer can help you pay off the debt in two years.
Once you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is log in to CuraDebts Client Portal to track your progress.
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CuraDebt’s Requirements
Before you can avail of the program, you’ll have to pass their requirements first. For eligibility, you’ll have to be:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you?
Here are some of the ways CuraDebt can help you.
Debt Relief
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans credit cards, and also lines of credit. You can also approach them to help settle any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, if possible. Certain violations may cause your debt to be removed as well.
CuraDebt can also help you settle debt with less than the amount you have. You can also ask questions during their free consultation with their debt counsellor.
The greatest benefit of the program is that you will only pay the fees when your debt is paid off. All you have to sign up for some of their programs and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial records They will also gather all the necessary paperwork for tax returns.
With this program, you’ll be able to deal with various tax issues such as garnishments on wages, tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices, which depends on the amount you must settle.
They have different solutions when it comes to paying off your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
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What types of debt are they able to help with?
While debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if the credit or loan is tied to a physical item.
If you do have one of the following kinds of debt, they will negotiate settlements on your behalf.
Tax Debt
With CuraDebt it is expected that you will be able pay off taxes that are due without difficulty. Furthermore, this service is offered across all 50 states, if you owe money towards the IRS. There are federal tax experts to assist you with these kinds of problems.
Medical Debt
CuraDebt can also assist in settling any medical-related debt. In some instances, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students negotiate the student loans they are owed.
Personal Loan
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail if you 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, 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 the way they’ve priced their services. They don’t charge upfront fees. Only pay when you settle each of your debts.
Also, they do not charge high costs either. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of industry can charge anywhere between 15% and 25%.
In addition, customers can expect to settle their debts within two to four years. But, it also differs depending on the amount that you can save up per month.
Additionally, they claim you can save up to 30% by incorporating their fees in your equation.
But this claim will also vary, depending on your situation. Some clients even mentioned saving 50% to 80%.
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Benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition they only charge an amount of 20%, while many companies charge 25%.
If you’re finished with the debt settlement program you can join their credit repair program.
It’s an excellent option to rebuild your credit score without going into debt again. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations by creditors with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with the credit card you use. If you’re trying to improve your rating on your credit, this might set you back while you’re working on your debt.
CureDebt doesn’t even have a mobile app. While they have a client website but it’s aged and simple. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. In addition the 20% service charge is cheaper than most firms that charge a 25% fee. There is no upfront payment, and you will only have to pay when the debt is settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app that could make it easier for you to look at your progress.
They do have a good support team that you can contact them not only through emails but also by phone or making an e-ticket. Who Gets School Tax Relief
If your problem of debt is an problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your state.
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FAQ Who Gets School Tax Relief
How long will it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that will help you with problems such as delinquent payroll taxes and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower the amount of debt you have over time.