Has your debt been increasing lately? Are you burnt out from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their clients they can help you control the majority of your debts so that you can take couple of w
orries off your shoulders.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before you begin the review, watch this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Working Families Tax Relief Act Kildee
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. They also provide other services that will aid you in becoming more financially stable.
The process starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. With this estimate of savings you’ll discover more about alternatives towards debt-free.
The savings estimate, as mentioned previously, offers you an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration if you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt is the one to answer all of the calls from your creditors. They will also be the ones who negotiate the terms of your settlement in accordance with the state of your finances. Based on what works most effectively for you, it could be either a lump sum settlement or the option of a payment plan.
Moreover, they will be working with the creditors to ensure that you have better rates as you deposit money to your savings account. This, in turn, will process to pay creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve registered with them, they will provide you with access to your information 24/7. All you have to do is log in to CuraDebts Client Portal to monitor your progress.
Before you can avail of the program, you’ll have 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
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans, credit cards and lines of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance with the majority cases, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, if possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you have. You can also inquire about your debt during their no-cost consultation with their debt advisor.
The best part about the program is that you will only be charged once your debt is settled. All you have to sign up for one of their plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial documents, they will also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to deal with the various types of tax problems like garnishments on wages as well as tax penalties for personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges either. They use only flat-fee pricing, which depends on the amount you’ll need to settle.
They have different solutions for the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
Although debt settlement is their specialization, they don’t cater to all types of settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to assist you if your credit or loan is tied to a physical item.
If, however, you are in one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any problems. Moreover, this type of service is accessible to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts to assist you with the issues.
CuraDebt will also help you resolve the medical bills. In certain 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 in negotiating any student loans that they owe.
Personal and payday loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt will assist you in paying 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. Only pay when you have paid off all of your debts.
Also, they don’t have high-cost costs either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of industry can charge anywhere from 15% to 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. This varies depending on the amount that you are able to save each month.
Also, they claim that you could save up to 30% if you include their fees in your equation.
But this claim will also depend on your situation. Some clients even mentioned saving 50% to up to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas many companies charge 25 percent.
Next, if you’re done by the program for debt relief, you can join their credit restoration program.
It’s an excellent method to improve your credit without going back into debt. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your credit to assist in 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 experts in-house.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using your credit card. If you’re trying to increase your credit score, it might cause you to delay working on your credit card debt.
CureDebt doesn’t even offer a mobile application. While they have a client website however, it appears aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on those types of services. Moreover their 20% service charge is less expensive than the majority of businesses that charge the 25% cost. There are no upfront payments, and you will only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which could make it easier for you to track your progress.
They do have a competent support staff that you can contact them not only through emails but by phone or by submitting an electronic ticket. Working Families Tax Relief Act Kildee
If problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Working Families Tax Relief Act Kildee
What is the time frame to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that can assist you with issues such as delinquent payroll taxes and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.