Have your debts increased lately? Are you exhausted from trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, your best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people have been inquiring whether they can assist you or put you into more debt.
According to their clients they can help you control the majority of your debts so that you are able to take couple of things off your plate.
But for some people the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can check out this video instead if you prefer 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 overview. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Capital Gains Tax Inflation Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. They also provide other services that can help you be more financially secure.
The process begins by requesting a free online savings estimate. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings, you will learn more about your options to debt-free.
Savings estimates, which was mentioned previously, offers you an idea of your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with credit arbitration if you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt can be the agency to answer all of your creditor’s calls. They’ll also be the ones that will determine what you will pay for your settlement based on the status of your finances. In determining which option is the most effectively to you, this can either be a lump sum settlement or the option of a payment plan.
Additionally they will work with lenders to help you have better rates as you make deposits to your savings account, which in turn, will be processed to pay off creditors. Their programs can assist you to pay off the debt in 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 login to CuraDebts Client Portal to monitor your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you?
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 to settle the majority of types of debt. This includes personal loans, medical bills credit cards as well as line of credit. They are also able to help settle any remaining amount on business debts, collections, or repossessions.
They may also assist in negotiating on tax owed and IRS debt. However, you won’t get assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, if they are possible. Certain violations may result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the amount you own. They also allow you to have questions answered during a free consult with their debt advisor.
The most appealing aspect of the program is that you’ll only pay the fees once your debt is settled. All you need to sign up for one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you should be able to resolve various tax issues 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 offer flat-fee prices, which depends on the amount you’ll have to pay.
There are a variety of options for paying off the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although debt settlement is their forte, they don’t cater to all types of settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to help you if the credit or loan is tied to a physical item.
If you do have the following types of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any issues. Furthermore, this service is accessible to all 50 states if you owe money towards the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate the student loans they are owed.
Personal and payday loans are also eligible as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
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.
How much will it cost?
The best part about CuraDebt is how they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your outstanding debts.
They also don’t have high-cost fees as well. In the average, you’ll need to pay up to 20 percent of the debt you settled with them.
In the average, this kind of industry charges from 15% to 25 percentage.
Additionally, customers can anticipate to pay off their debts in 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 costs into your calculations.
But this claim will also differ based on your specific situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. Additionally they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done in the process of debt resolution you may also sign up for their credit restoration program.
It’s a fantastic way to restore your credit score without having to go back into debt. However, the program lasts differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any creditor violations using their own experts.
The drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with . Therefore, if you’re trying improve your rating on your credit, this might delay you from getting rid of your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a website that clients can access, it looks aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more on those types of services. Additionally their 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress, their website is not simple to navigate. CuraDebt isn’t even an app, which would make it easier to track your performance.
But, they do have a great support team that you can contact them not just via email but also by phone or submitting an electronic ticket. Capital Gains Tax Inflation Relief
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Capital Gains Tax Inflation Relief
How long will it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt offers a program for tax relief that will aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down the amount of debt you have over time.