Have your debts been piling up lately? Are you tired of trying other financial advice and tips but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or help you get into more debt.
According to their clients, they can help you control 80percent of your debt , so you can finally take a couple of things off your mind.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can watch this video instead if you prefer to watch 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. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Car Tax Relief Application Virginia
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. They also provide additional services to assist you in becoming financially stable.
The process begins by requesting a free savings estimate online. This service is very confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about the options to be debt-free.
This estimate of savings, as we’ve mentioned before, gives you the opportunity to consider your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt is the agency to handle all of the calls from your creditors. They’ll also be the ones who will determine what you will pay for your settlement in accordance with the state of your financial situation. In determining which option is the most effectively your situation, the payment could either be a lump sum settlement or a payment plan.
Moreover they will work with creditors to ensure that you have better rates as you deposit money to your savings account, which in turn, will be processed to pay off creditors. Their plans can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll give you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to monitor your performance.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle most types of debt. This includes medical bills, personal loans credit cards, and also lines of credit. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. You can also ask questions during their free consult with their debt counsellor.
The greatest benefit of their program is that you’ll only be charged when your debt is paid off. All you need to sign up to one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
By using this program, you’ll be able to deal with various tax issues such as wage garnishments, tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices that is based on the amount that you’ll must settle.
There are a variety of options in paying off taxes. 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 are they able to help with?
While debt settlement is their specialty however, they do not offer all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They won’t be able to help you if your loan or debt is linked to a physical item.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off your past-due tax debts without any issues. Moreover, this type of service is accessible across all 50 states, if you have a debt towards the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In some cases you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students in negotiating any loans they owe.
Personal loans and payday loans are also eligible for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you settle each of your outstanding debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll have to pay between 20 and 20% of the debt you settled through them.
In general, this type of industry charges from 15% to 25 percent.
In addition, customers can expect to settle their debt from between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
Also, they claim you can save as much as 30% when you factor in their costs into your calculations.
However, the claim may differ based on your situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25%.
If you’re finished by the program for debt relief you may also sign up for their credit repair program.
It’s a great method to improve the credit rating without having to go back into debt. However, the program lasts different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any creditor violations with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with the credit card you use. If you’re trying to build a better rating on your credit, this may cause you to delay working on your debt.
CureDebt doesn’t even have a mobile app. Although they have a client website but it’s old and mundane. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. In addition, their 20% service charge is lower than many companies that offer the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
Although they’ll give you an account to see your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to monitor your performance.
However, they have a competent support staff and can be reached them not only through emails but also by phone or sending an e-ticket. Car Tax Relief Application Virginia
If problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs that they provide are offered in your state.
FAQ Car Tax Relief Application Virginia
How long will it take to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt offers a program for tax relief that can help you with problems such as late payroll taxes and garnishments on wages.
What should I do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down your debt over time.