Has your debt been increasing lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, your best way is to approach experts who can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or put you in more debt.
According to their clients they can help you control 80% of your debts so that you can finally take a few things off of your shoulders.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, you can go to this video in case you would prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to watch 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.
About the Company Claiming Tax Relief On Pension
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. However, they also offer other services that can help you be more financially secure.
It all begins by requesting a free online savings estimate. This service is very confidential and they will not be doing a credit check. With this savings estimate you’ll learn more about your alternatives towards debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement plan, CuraDebt can be the one to take care of all your creditors’ calls. They’ll be the ones who determine conditions of the payment in accordance with the state of your financial situation. Based on what works most effectively your situation, the payment can either be a lump sum settlement or an installment plan.
Moreover they will be working with the creditors to ensure that you have better rates as you make deposits to your savings account, which in turn, will process to pay off creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve signed up 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 progress.
Before you can avail of their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the various 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 most types of debt. This includes medical bills, personal loans credit cards, and also loans. They are also able to settle any outstanding balance on business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get support for most of your lawsuits, 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 will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations may lead to having your debts removed as well.
CuraDebt lets you repay debt for less than the sum you have. You can also ask questions during their free meeting with their debt advisor.
The greatest benefit of the program is that you will only be charged once your debt is settled. All you need to do is sign up with one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents They will also gather all the paperwork you’ll need to file tax returns.
Through this program, you will be able to solve various tax issues such as wage garnishments and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount that you’ll have to pay.
There are a variety of options for paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization however, they do not provide all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your credit or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any issues. Furthermore, this service is available to all 50 states in the event that you owe money to the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students negotiate any loans they owe.
Payday loans and personal loans also qualify 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 another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
Also, they don’t have high-cost costs either. In the average, you’ll need to pay up to 20% of the debt you settled with them.
In general, this type of industry can charge anywhere from 15% to 25%.
Moreover, clients can expect to pay off their debts in 2 to 4 years. This varies in relation to the amount you are able to save each month.
Additionally, they claim that you could save up to 30% if you include their fees in your equation.
But this claim will also vary, depending on your specific situation. Some clients even mentioned saving 50% to 80percent.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Furthermore they only charge an amount of 20%, while many companies charge 25%.
Then, if you’re done in the process of debt resolution you may enroll in their credit restoration program.
It’s a great option to rebuild the credit rating without having to go into debt again. However, the program lasts differently for each person according to your personal situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also be looking into any violations of creditor using their experts in-house.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with . If you’re trying to improve your credit score, it may delay you from working on your obligations.
CureDebt also doesn’t have a mobile app available. While they have a client website but it’s outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with their 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 these kinds of services. Moreover their 20% service charge is lower than many companies that offer a 25% fee. There is no upfront payment, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress, their website is not user-friendly. CuraDebt isn’t even an app yet, which would make it easier to monitor your performance. Claiming Tax Relief On Pension
But, they do have a good support team, and you can reach them not just via email but by phone or by sending an electronic ticket. Claiming Tax Relief On Pension
If credit card is a major problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your state.
FAQ Claiming Tax Relief On Pension
How long does it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs to help you with problems such as late payroll tax issues and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to reduce the amount of debt you have over time.