Have your debts increased lately? Are you burnt out from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already 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 most frequently contacted companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their clients, they can help you control the majority of your debt so that you are able to take couple of things 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 be taking an in-depth review of how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before starting the review, check out this video instead for a more relaxing way for it to be watched.
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 of CuraDebt.
About the Company Capital Gains Tax Relief Property
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. But they offer other services that will assist you in becoming financially stable.
It all begins with requesting a free savings estimate online. The service is completely confidential and won’t be conducting a credit screening. With this estimate of savings, you will be able to learn more about the alternatives to debt-free.
Savings estimates, as we’ve mentioned before, gives you an idea of your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program, CuraDebt can be the one to answer all of the calls from your creditors. They will also be the ones who will determine the terms of your repayment based on the status of your finances. Based on what works most effectively to you, this can be either a lump sum settlement or a payment plan.
Moreover they will also be working with creditors to ensure that you get better rates when you make deposits to your savings account, which in turn, will process to pay creditors. Their programs can assist you to settle the debt within two years.
After you’ve registered with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is log in to CuraDebts’ client portal to monitor your progress.
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CuraDebt’s Requirements
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are the different ways CuraDebt can assist you.
Debt Relief
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on behalf of you for all kinds of debt. This includes personal loans, medical bills credit cards, and loans. They can also be approached to help settle any remaining balance of business debt, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. But, you won’t receive support for most cases, loans from the government or collateral, as well as utility bills. The same goes for 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 will also help you identify debtors who are in violation so that you can have cash settlements, should it be possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you settle debt with less than the amount you have. You can also have questions answered during a free consultation with their debt advisor.
The most appealing aspect of their plan is that you’ll only have to pay for the charges when your debt is paid off. All you need to do is sign up with any of the plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle 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.
With this program, you should be able to resolve various tax issues such as wage garnishments and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount that you’ll must settle.
They have different solutions when it comes to paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
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What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to offer all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They aren’t able to assist you if your debt or loan is tied to an item that is physical.
However, if you have the following types of debt, they’ll arrange settlements for you.
Tax Debt
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Additionally, this service is accessible to all 50 states if you have a debt to the IRS. They have federal tax experts that can help you resolve these types of issues.
Medical Debt
CuraDebt can also help resolve any medical-related debt. In some cases you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students with negotiating any loans they are owed.
Personal Loan
Payday loans and personal loans are also eligible 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 another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards CuraDebt can help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Also, they do not charge high costs either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled with them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
In addition, customers can expect to settle their debt from between 2 and 4 years. However, this also varies in relation to the amount you can save up per month.
Also, they claim that you can save as much as 30% when you factor in their fees in your equation.
However, this statement will vary, depending on your specific situation. Some customers even claimed to save 50% to 80%.
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Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas many companies charge 25 percent.
Then, if you’re done by the program for debt relief, you may join their credit repair program.
It’s an excellent method to improve the credit rating without having to go back into debt. The program is however designed differently for each person according to your personal situation.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also investigate any creditor violations with the help of their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with your credit card. If you’re trying to build a better credit score, it might delay you from working on your debt.
CureDebt also doesn’t have a mobile app. Although they have a website for clients however, it appears aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service fee is cheaper than most companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay the fee when the debt is settled.
Although they’ll give you an account to see your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to track your performance. Capital Gains Tax Relief Property
They do have a good support team and can be reached them not just via email but also via phone or making an electronic ticket. Capital Gains Tax Relief Property
If credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your area.
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FAQ Capital Gains Tax Relief Property
How long will it take to finish the program?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt provides tax relief programs to aid you in dealing with problems such as delinquent payroll tax issues and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to pay down your debt over time.