Has your debt been piling up lately? Are you exhausted from trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they can assist you or put you into more debt.
According to their clients, they can help you control 80% of your debt so that you can finally take a couple of things off your plate.
However, for certain people, these claims are just too good to be true.
You might be looking for any solution that could assist you in paying off your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of the way CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, you can watch this video instead for a more relaxing way watching 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 overview. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company 8307 Tax Form Innocent Spouse Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active member 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, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. However, they also offer other services that will aid you in becoming more financially secure.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t be conducting a credit screening. With this savings estimate you’ll learn more about your options to debt-free.
The savings estimate, as we’ve mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help you with the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt will be the agency to answer all of the calls from your creditors. They’ll also be the ones that will negotiate what you will pay for your repayment depending on the condition of your finances. Depending on which works most effectively for you, it can either be a lump sum settlement or the option of a payment plan.
Moreover they will also work with creditors to ensure that you have better rates as you deposit money to your savings account. This is then processed to pay off creditors. Their programs can assist you to settle the debt within two years.
After you’ve signed up with them, they will give you access to your information 24/7. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your performance.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on your behalf for most types of debt. This includes medical bills, personal loans credit cards and line of credit. You can also approach them to help settle any remaining amount on business debts, collections, or repossessions.
They can even help negotiate with back taxes and IRS debt. However, you will not 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 other hand, they can assist you in navigating laws such as 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 so that you can have cash settlements, if they are possible. Certain violations may lead to having your debts removed as well.
CuraDebt also allows you to settle debt with less than the sum you have. Additionally, you can have questions answered during a free meeting with their debt counselor.
The greatest benefit of the program is that you’ll only have to pay for the charges when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll have the ability 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 gather all the necessary paperwork for tax returns.
With this program, you should be able to resolve different types of taxes such as wage garnishments, tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you’ll have to pay.
There are a variety of options for the settlement of taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although debt settlement is their forte however, they do not cater to all types of settlement. CuraDebt only focuses on unsecured debt. They can’t assist you if your credit or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay taxes that are due without any problems. Moreover, this type of service is offered across all 50 states, if you owe money towards the IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt will also help you resolve the medical bills. In some instances you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate the student loans they are owed.
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 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 as well as private label credit card CuraDebt can assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. Only pay when you settle each of your debts.
They also don’t have high-cost costs either. On average, you’ll have to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of industry can charge anywhere between 15% and 25 percentage.
Moreover, clients 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.
Additionally, they claim that you can save as much as 30% by incorporating their charges into your calculation.
However, this statement will vary, depending on your situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Additionally they only charge a 20% fee while many companies charge 25%.
Then, if you’re done with the debt settlement program you can join their credit repair program.
It’s a great option to rebuild your credit score without having to go in debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that your debt won’t increase over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using your credit card. Therefore, if you’re trying increase your credit score, it might delay you from getting rid of your debt.
CureDebt doesn’t even have a mobile app. While they do have a website for clients but it’s aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on those types of services. In addition, their 20% service charge is cheaper than most businesses that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app that would make it easier to track your performance.
They do have a competent support staff that you can contact them, not only via emails but by phone or by sending an e-ticket. 8307 Tax Form Innocent Spouse Relief
If the credit card is a major issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services that they provide are offered in your area.
FAQ 8307 Tax Form Innocent Spouse Relief
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs that will assist you with issues such as late payroll taxes and garnishments of wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.