Have your debts been piling up lately? Are you tired of trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they can help you or put you in more debt.
According to their clients they can help you control 80percent of your debt , so you can take couple of w
orries off your shoulders.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper review of the way CuraDebt works and what problems it could help solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before you begin the review, check out 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 review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Can I Claim Us Tax Relief On Uk Taxed Dividends
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. However, they also offer other services that can assist you in becoming financially stable.
First of all, it begins by requesting a free savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the alternatives to debt-free.
The savings estimate, which was mentioned before, gives you an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating credit arbitration if you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt can be the agency to answer all of your creditor’s calls. They’ll be the ones who will negotiate conditions of the settlement depending on the condition of your financial situation. In determining which option is the best to you, this can be a lump-sum settlement or a payment plan.
Moreover they will also be working with the lenders to help you get better rates when you deposit money to your savings account. This in turn, will be processed to pay back the creditors. The plans they offer can help you get rid of debt in just two years.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to meet the following requirements:
- Minimum 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 assist you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills credit cards, and lines of credit. You can also approach them to help settle any remaining balance on business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get assistance for the majority cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as 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 in order to get cash settlements, should it be possible. Certain violations may result in having your debts removed as well.
CuraDebt lets you repay debt for less than the amount you have. They also allow you to ask questions during their free meeting with their debt counselor.
The best part about their program is that you’ll only be charged after your debt has been settled. All you need to sign up for any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial records They will also gather all the necessary paperwork for tax returns.
By using this program, you’ll be able to solve different types of taxes like garnishments on wages and tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees also. They only use flat-fee pricing, which depends on the amount you’ll have to pay.
They have different solutions in settling the tax debt. Here are six 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 help you with?
Although debt settlement is their specialization however, they do not cater to all types of settlement. CuraDebt is only focused on loans that are not secured. They aren’t able to help you if the debt or loan is tied to an actual item.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any problems. Moreover, this type of service is available across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also help resolve any medical-related debt. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students with negotiating any student loans that they are owed.
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their service. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
They also don’t charge high fees as well. In the average, you’ll need to pay up to 20 percent of the debt you settled with them.
On average, this type of industry can charge anywhere between 15% and 25%.
In addition, customers can expect to pay off their debts in two to four years. But, it also differs according to the amount you are able to save each month.
Also, they claim that you could save up to 30% when you factor in their costs into your calculations.
But this claim will also depend on your situation. Some clients even mentioned saving 50 to 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s look into the advantages of using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done in the process of debt resolution you could join their credit restoration program.
It’s an excellent option to rebuild the credit rating without going back into debt. The program is however designed different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also look into any violations by creditors with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with . Therefore, if you’re trying build a better rating on your credit, this could set you back while you’re getting rid of your obligations.
CureDebt does not have a mobile app available. While they do have a website that clients can access however, it appears aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more on these kinds of services. In addition, their 20% service cost is cheaper than most firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt does not have an app, which will make it easier to monitor your performance.
However, they have a good support team that you can contact them, not only via emails but by phone or by submitting an e-ticket. Can I Claim Us Tax Relief On Uk Taxed Dividends
If the debt is a big problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Can I Claim Us Tax Relief On Uk Taxed Dividends
What is the time frame to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt offers a program for tax relief to aid you in dealing with problems such as late payroll taxes and wage garnishments.
What should I 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 reduce the amount of debt you have over time.