Are you experiencing debt that has increased lately? Are you burnt out from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they can help you or put you in more debt.
According to their clients they can help you manage 80percent of your debt so that you are able to take couple of w
orries off your mind.
However, for certain people the claims seem too good to be true.
You might be looking for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before starting the review, you can watch this video instead in case you would prefer for it to be watched.
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 review. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Can Dlsiblings Get Tax Relief If Paid Tuition Fees For International Student
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. They also provide other services that can help you be more financially stable.
The process begins by requesting a free online savings estimate. It is a completely private service and won’t be conducting a credit screening. With this savings estimate you’ll learn more about your alternatives to debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt will be the company to handle all of the calls from your creditors. They’ll also be the ones that negotiate the terms of your repayment based on the status of your finances. In determining which option is the best for you, it can either be a lump sum settlement or the option of a payment plan.
Moreover they will also be working with lenders to help you get better rates when you make deposits to your savings account. This, in turn, will be processed to pay back creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts’ client portal to monitor your performance.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills, credit cards as well as lines of credit. They are also able to pay off any remaining balance on business debt, collections, or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. But, you won’t receive assistance with the majority cases, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts removed as well.
CuraDebt lets you pay off debts with less than the amount you have. They also allow you to have questions answered during a free consultation with their debt counsellor.
The most appealing aspect of the program is that you will only be charged when your debt is paid off. All you have to do is sign up with any of the plans, 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 and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
By using this program, you will be able to deal with the various types of tax problems such as wage garnishments as well as tax penalties for personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges either. They only use flat-fee pricing and is dependent on the amount you’ll must settle.
There are a variety of 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 kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if your loan or debt is linked to an actual item.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to settle taxes that are due without difficulty. Furthermore, this service is offered to all 50 states if you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt will also help you resolve your medical debt. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students in negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you have paid off all of your debts.
Also, they don’t charge high charges either. On average, you’ll be required 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 percentage.
Moreover, clients can expect to settle their debt from two to four years. But, it also differs according to the amount you can save up per month.
Additionally, they claim that you can save as much as 30% if you include their charges into your calculation.
However, the claim may vary, depending on your specific situation. Some clients even mentioned saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done in the process of debt resolution you may enroll in their credit repair program.
It’s a fantastic method to improve your credit score without having to go back into debt. The program is however designed differently for each person, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also investigate any violations by creditors using their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using the credit card you use. Therefore, if you’re trying improve your standing on credit scores, you may set you back while you’re getting rid of your credit card debt.
CureDebt does not have a mobile app available. While they have a website that clients can access, it looks aged and simple. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not credited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service charge is lower than many firms that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
Although they’ll give you an account so that you can track your progress but their website isn’t user-friendly. CuraDebt does not have an app yet, which could make it easier for you to monitor your progression.
But, they do have a good support team, and you can reach them, not only via emails but by phone or by making an electronic ticket. Can Dlsiblings Get Tax Relief If Paid Tuition Fees For International Student
If the debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Can Dlsiblings Get Tax Relief If Paid Tuition Fees For International Student
What is the time frame to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt has a tax relief program that will help you with problems such as late payroll taxes and wage garnishments.
What do I need to do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to reduce your debt over time.