Have your debts been piling up lately? Are you tired of trying various financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they are able to help or help you get into more debt.
According to their clients, they can assist you in managing 80percent of your debts so that you are able to take couple of worries off your plate.
For some they believe these claims are too good to be true.
You might be looking for something that will assist you in paying off your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at the way CuraDebt is used and the problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before starting the review, you can check out this video instead if you prefer 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 review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Capital Gains Tax Deferral Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is the most known feature. But they offer additional services to assist you in becoming financially stable.
First of all, it begins with requesting a free savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. With this estimate of savings you’ll be able to be able to learn more about the options towards debt-free.
The savings estimate, which was mentioned before, gives you an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration in the event that 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 will be the agency to take care of all your creditors’ calls. They will also be the ones that will determine what you will pay for your repayment depending on the condition of your financial situation. Depending on which works best your situation, the payment could either be a lump sum settlement or an installment plan.
Furthermore they will also be working with the creditors to ensure that you enjoy better rates when you deposit money to your savings account. This, in turn, will process to pay the creditors. Their plans can help you settle the debt within 48 months.
After you’ve registered with them, they’ll provide you with access to your data 24/7. All you need to do is sign in to CuraDebts Client Portal to track your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with personal loans, medical bills credit cards, as well as lines of credit. They are also able to settle any outstanding amount on business debts, collections, or repossessions.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, if possible. Certain violations may lead to having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of their plan is that you will only have to pay for the charges after your debt has been settled. All you have to do is sign up with any of the plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documentation They will also gather all the paperwork you’ll need for tax returns.
By using this program, you should be able to solve different types of taxes like wage garnishments and tax penalties, personal and business taxes and back taxes and trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices that is based on the amount you must settle.
There are a variety of options in paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialty, they don’t offer all kinds of debt settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if your loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without difficulty. Moreover, this type of service is accessible to all 50 states if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In certain cases, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate any loans they are owed.
Personal loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay between 20 and 20% 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 debts within two to four years. This varies depending on the amount that you are able to save each month.
They also claim you can save up to 30% when you factor in their costs into your calculations.
However, this statement will vary, depending on your situation. Some customers have even talked about saving 50 to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages of using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. Additionally, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program, you could enroll in their credit repair program.
It’s a great option to rebuild your credit score without going in debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors using their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with your credit card. Therefore, if you’re trying increase your standing on credit scores, you could set you back while you’re working on your obligations.
CureDebt does not offer a mobile application. Although they have a client website, it looks outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more for these types of services. In addition their 20% service fee is cheaper than most companies that offer 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 give you an account so that you can track your progress, their website is not simple to navigate. CuraDebt isn’t even an app that would make it easier to look at your progression. Capital Gains Tax Deferral Relief
But, they do have a good support team, and you can reach them not just via email but also via phone or submitting an e-ticket. Capital Gains Tax Deferral Relief
If problem of debt is an problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the programs that they provide are offered in your state.
FAQ Capital Gains Tax Deferral Relief
How long does it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt provides tax relief programs to help you with problems like delinquent taxes and garnishments on wages.
What should I do once I’m in 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.