Are you experiencing debt that has been increasing lately? Are you tired of trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is among the most asked companies. 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 manage 80percent of your debt , so you can finally take a few things off of your shoulders.
For some the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before beginning 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 watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Budget 2021 Pension Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. They also provide other services that will aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. This service is very confidential and won’t be doing a credit check. With this estimate of savings, you will learn more about your alternatives towards debt-free.
Savings estimates, which was mentioned before, gives you an idea of your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with credit arbitration if you decide to join. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement plan, CuraDebt is the one to take care of all your creditors’ calls. They’ll also be the ones who will determine conditions of the repayment based on the status of your financial situation. Based on what works most effectively your situation, the payment could either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with the creditors so that you can get better rates when you transfer money into your savings account, which in turn, will process to pay off the creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve signed up with them, they will provide you with access to your information 24/7. All you need to do is sign in to CuraDebts Client Portal to track your development.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with personal loans, medical bills, credit cards as well as loans. They can also be approached to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government, collateral, and utility bills. The same goes for student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, should it be possible. Certain violations could result in having your debts also dismissed.
CuraDebt lets you settle debt with less than the amount you have. Additionally, you can have questions answered during a free consultation with their debt counsellor.
The greatest benefit of the program is that you only pay the fees after your debt has been settled. All you need to do is sign up with some of their programs and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documentation, they will also collect all the necessary paperwork to file tax returns.
By using this program, you should be able to deal with different types of taxes like wage garnishments and tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only use flat-fee pricing that is based on the amount that you’ll have to pay.
There are a variety of options in settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to help you if the debt or loan is tied to a physical item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without difficulty. Moreover, this type of service is available to all 50 states if you owe money towards the IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In some cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating the student loans they have to pay.
Personal loans and payday loans also qualify to be eligible for debt relief programs. You can also avail the program if you have other unsecure credit lines that you got from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you settle each of your debts.
Also, they do not charge high charges either. On average, you’ll have to pay as much as 20 percent of the debt you settled with them.
In general, this type of business can cost anywhere between 15% and 25 percent.
In addition, customers can expect to settle their debt from two to four years. This varies in relation to the amount you are able to save each month.
Also, they claim that you could save up to 30% if you include their charges into your calculation.
But this claim will also differ based on your situation. Some customers have even talked about saving between 50% and 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. In addition they only charge 20% of the cost, whereas the majority of companies charge 25%.
Next, if you’re done with the debt settlement program, you could also sign up for their credit repair program.
It’s a fantastic option to rebuild the credit rating without having to go into debt again. The program is however designed different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to help with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also look into any creditor violations with the help of their own experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using . So if you’re trying to increase your standing on credit scores, you may delay you from getting rid of your obligations.
CureDebt also doesn’t have a mobile app. While they do have a client website however, it appears outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on these kinds of services. In addition, their 20% service charge is cheaper than most firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account so that you can track your progress, their website is not easy to navigate. CuraDebt isn’t even an app, which could make it easier for you to monitor your progress.
They do have a good support team that you can contact them not just via email but by phone or by sending an e-ticket. Budget 2021 Pension Tax Relief
If your debt is a big problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Budget 2021 Pension Tax Relief
How long does it take to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt has a tax relief program that can aid you in dealing with problems like delinquent tax issues and wage garnishments.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.