Have your debts been piling up lately? Are you exhausted from trying other financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. Many customers have asked if they can help you or put you in more debt.
According to their customers, they can assist you in managing the majority of your debt so that you can finally take a couple of things off your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way for it to be watched.
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 will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Disabled Veterans Vehicle Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. But they offer other services that can assist you in becoming financially stable.
It all begins by requesting a free savings estimate online. The service is completely confidential, and they won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about the options towards debt-free.
The savings estimate, as mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration in the event that you decide to sign up. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the company to handle all of your creditor’s calls. They’ll also be the ones that determine conditions of the payment depending on the condition of your finances. In determining which option is the best for you, it can either be a lump sum settlement or the option of a payment plan.
Moreover, they will work with creditors so that you can have better rates as you transfer money into your savings account. This is then processed to pay back the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve registered with them, they will allow you access to your data 24/7. All you have to do is log in to CuraDebts’ client portal to monitor your development.
Before you can avail of the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. This includes personal loans, medical bills credit cards, and also lines of credit. They are also able to help settle any remaining balance of business debt and collections or repossessions.
They may also assist in negotiating on tax owed and IRS debt. However, you will not receive support for most cases, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations so that you can have cash settlements, if possible. Certain violations may lead to having your debts removed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also have questions answered during a free consultation with their debt counsellor.
The most appealing aspect of the program is that you’ll 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 to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you should be able to deal with the various types of tax problems such as wage garnishments as well as tax penalties for personal and corporate taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs also. They only use flat-fee pricing that is based on the amount you’ll have to pay.
They offer different options in paying off taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to offer all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They won’t be able to assist you if your credit or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any issues. Additionally, this service is accessible to all 50 states if you owe money in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students negotiate any loans they have to pay.
Payday loans and personal loans also qualify as debt-settling programs. You can also avail if you have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
They also don’t charge high fees as well. On average, you’ll have to pay as much as 20% of the debt you settled through them.
On average, this type of industry can charge anywhere from 15% to 25%.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. However, this also varies depending on the amount that you save per month.
Also, they claim you can save up to 30% by incorporating their fees in your equation.
But this claim will also depend on your specific situation. Some clients even mentioned saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25%.
Then, if you’re done by the program for debt relief, you could also sign up for their credit repair program.
It’s a fantastic method to improve the credit rating without having to go in debt again. However, the program runs differently for each person, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any creditor violations with the help of their own experts.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with the credit card you use. So if you’re trying to build a better standing on credit scores, you could delay you from finishing your obligations.
CureDebt doesn’t even offer a mobile application. While they have a website for clients, it looks aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not credited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Additionally, their 20% service fee is less expensive than the majority of businesses that charge an additional 25% charge. There are no upfront payments, 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 but their website isn’t user-friendly. CuraDebt also doesn’t have an app that will make it easier to track your performance. Disabled Veterans Vehicle Tax Relief
They do have a good support team and can be reached them not just via email but also by phone or making an e-ticket. Disabled Veterans Vehicle Tax Relief
If your credit card is a major issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the programs they provide are in your state.
FAQ Disabled Veterans Vehicle Tax Relief
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt has a tax relief program that will aid you in dealing with problems like delinquent tax issues and garnishments of wages.
What should I do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.