Has your debt been piling up lately? Are you burnt out from trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of people are asking if they are able to help or put you into more debt.
According to their clients, they can assist you in managing 80% of your debts so that you can finally take a couple of w
orries off your mind.
For some the claims seem too good to be true.
You might be looking for anything that can assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before beginning the review, you can go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, 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 Can You Get A Tax Relief For Military Service Without A Dd214
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a member 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, certain states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. But they offer other services that can aid you in becoming more financially secure.
The process begins by requesting a free savings estimate online. It is a completely private service and they will not conduct a credit inquiry. With this estimate of savings, you will discover more about options to be debt-free.
This estimate of savings, as mentioned previously, offers you an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt is the one to take care of all your creditors’ calls. They will be the ones who determine what you will pay for your payment depending on the condition of your finances. Based on what works best for you, it could be either a lump sum settlement or an installment plan.
Moreover they will be working with creditors to ensure that you enjoy better rates when you deposit money to your savings account. This, is then processed to pay off the creditors. Their programs can assist you to get rid of debt in just 48 months.
After you’ve registered with them, they’ll give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal so that you can monitor your performance.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf to settle all kinds of debt. They can help with personal loans, medical bills credit cards as well as line of credit. They are also able to pay off any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. But, you won’t receive assistance with the majority cases, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, if possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you pay off debts with less than the amount you own. They also allow you to ask questions during their free consult with their debt advisor.
The greatest benefit of the program is that you only be charged after your debt has been settled. All you need to sign up to some of their programs and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
With this program, you will be able to solve various tax issues like wage garnishments as well as tax penalties for personal and taxation for business as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices that is based on the amount that you’ll need to settle.
They have different solutions when it comes to the settlement of your 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 kinds of debts are they able to help with?
Although debt settlement is their forte, they don’t provide all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to help you if your credit or loan is tied to a physical item.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any issues. Additionally, this service is offered across all 50 states, if you have a debt towards the IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling any medical-related debt. In some instances you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students with negotiating any student loans that they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
They also don’t have high-cost fees as well. 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 charges from 15% to 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. But, it also differs according to the amount you can save up per month.
Additionally, they claim that you could save up to 30% when you factor in their charges into your calculation.
However, the claim may vary, depending on your situation. Some clients even mentioned saving 50 to up to 80%.
Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt can offer you let’s explore the benefits of using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas most companies charge you 25 percent.
Next, if you’re done by the program for debt relief, you can join their credit restoration program.
It’s a fantastic method to improve the credit rating without having to go into debt again. However, the program lasts different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the help of their in-house experts.
Some disadvantages to 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 paying with your credit card. So if you’re trying to build a better rating on your credit, this might set you back while you’re getting rid of your debt.
CureDebt also doesn’t offer a mobile application. While they have a website for clients, it looks outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more for these types of services. In addition, their 20% service fee is less expensive than the majority of companies that offer the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress, their website is not user-friendly. CuraDebt does not have an app yet, which will make it easier to look at your progress.
But, they do have a great support team, and you can reach them not just via email but also by phone or making an e-ticket. Can You Get A Tax Relief For Military Service Without A Dd214
If the debt is a big issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services that they provide are offered in your area.
FAQ Can You Get A Tax Relief For Military Service Without A Dd214
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt has a tax relief program that can help you with problems such as late payroll tax issues and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.