Have your debts been increasing lately? Are you exhausted from trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, your best option is to speak with experts who can help to resolve this issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they are able to help or put you in more debt.
According to their customers, they can help you manage 80% of your debts so that you can finally take a couple of things off your mind.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, you can check out this video instead in case you would prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out 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 Will Americans Get A Tax Relief Check From Trump In 2021
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most well-known feature. But they offer other services that will help you be more financially stable.
It all begins with requesting a free online savings estimate. The service is completely confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll learn more about your other options in your journey to debt-free.
This estimate of savings, as mentioned earlier, provides you with an insight into your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt is the company to take care of all your creditor’s calls. They will also be the ones who determine conditions of the settlement depending on the condition of your financial situation. Depending on which works most effectively your situation, the payment can either be a lump sum settlement or a payment plan.
Moreover they will also be working with lenders to help you get better rates when you transfer money into your savings account. This, in turn, will process to pay the creditors. Their programs can assist you to get rid of debt in just two years.
Once you’ve signed up with them, they will give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts’ client portal to monitor your progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills credit cards as well as loans. They can also be approached to help settle any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as 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 contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, should it be possible. Certain violations may cause your debt to be removed as well.
CuraDebt lets you pay off debts with less than the sum you have. You can also inquire about your debt during their no-cost meeting with their debt advisor.
The most appealing aspect of the program is that you’ll only have to pay for the charges once your debt is settled. All you have to do is sign up with some of their programs and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
With this program, you’ll be able to resolve the various types of tax problems like garnishments on wages, tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing, which depends on the amount that you’ll have to pay.
They offer different options for the settlement of taxes. Here are 6 of them:
- 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 however, they do not offer all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They aren’t able to assist you if your credit or loan is tied to an actual item.
However, if you have the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off your past-due tax debts without any problems. Furthermore, this service is available to all 50 states if you have a debt to the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In certain cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students in negotiating the student loans they have to pay.
Personal and payday 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 you obtained from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt can assist you in paying it off.
What will it cost you?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you settle each of your debts.
They also 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 business can cost anywhere between 15% and 25 percentage.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
They also claim that you could save up to 30% by incorporating their costs into your calculations.
However, the claim may depend on the situation. Some customers have even talked about saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Additionally they only charge 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished in the process of debt resolution, you may join their credit restoration program.
It’s a great option to rebuild your credit without having to go back into debt. The program is however designed in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any violations of creditor with the assistance of their in-house experts.
The drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with your credit card. Therefore, if you’re trying build a better rating on your credit, this could set you back while you’re finishing your obligations.
CureDebt does not have a mobile app available. While they do have a website for clients, it looks outdated and basic. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more on those types of services. Additionally, their 20% service fee is less expensive than the majority of companies that offer the 25% cost. There are no upfront payments, and you will only be required to pay once the debt is settled.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t user-friendly. CuraDebt does not have an app, which could make it easier for you to look at your progress.
But, they do have a competent support staff that you can contact them, not only via emails but also via phone or making an e-ticket. Will Americans Get A Tax Relief Check From Trump In 2021
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your area.
FAQ Will Americans Get A Tax Relief Check From Trump In 2021
What is the time frame to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt has a tax relief program that will aid you in dealing with problems such as delinquent payroll taxes and garnishments of wages.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to lower your debt over time.