Has your debt been increasing lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because been through every thing.
In the majority of cases, your most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you manage 80percent of your debt , so you can finally take a few things off of your mind.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before beginning the review, you can watch this video instead in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Do I Get Tax Relief If Married
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. They also provide other services that will assist you in becoming financially secure.
It all starts by requesting a no-cost savings estimate online. The service is completely confidential and won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to discover more about other options in your journey to debt-free.
This estimate of savings, as mentioned earlier, provides you with an idea of 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 join. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt will be the agency to take care of all the calls from your creditors. They will also be the ones who will determine the terms of your repayment depending on the condition of your finances. Based on what works best your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Furthermore they will also work with creditors to ensure that you get better rates when you transfer money into your savings account. This, is then processed to pay back creditors. Their programs can assist you to settle the debt within the period of 48 months.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts’ client portal to track your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- Minimum 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 different ways CuraDebt can aid 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 line of credit. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you won’t get assistance for the majority cases, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. You can also inquire about your debt during their no-cost meeting with their debt counsellor.
The best part about the program is that you will only be charged once your debt is settled. All you have to sign up to any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documents and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you will be able to deal with various tax issues such as wage garnishments as well as tax penalties for personal and taxation for business, back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only use flat-fee pricing and is dependent on the amount you’ll must settle.
They have different solutions for the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization however, they do not provide all kinds of settlement. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your debt or loan is tied to a physical item.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without difficulty. Additionally, this service is accessible to all 50 states in the event that you owe money towards the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students negotiate the student loans they have to pay.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your outstanding debts.
Also, they do not charge high costs either. In the average, you’ll need to pay as much as 20% of the debt you settled with them.
On average, this type of industry charges between 15% and 25%.
Moreover, clients can expect to settle their debts within between 2 and 4 years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% if you include their costs into your calculations.
But this claim will also depend on your specific situation. Some customers even claimed to save between 50% and 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished with the debt settlement program, you can join their credit repair program.
It’s an excellent method to improve your credit without going back into debt. However, the program runs in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t increase over time. They’ll also be looking into any creditor violations with the help of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using the credit card you use. So if you’re trying to improve your credit score, it may cause you to delay getting rid of your credit card debt.
CureDebt does not offer a mobile application. Although they have a client website however, it appears outdated and basic. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more for these types of services. Moreover the 20% service charge is less expensive than the majority of businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account to see your progress but their website isn’t easy to navigate. CuraDebt does not have an app, which would make it easier to track your progression. Do I Get Tax Relief If Married
They do have a competent support staff, and you can reach them, not only via emails but also by phone or sending an electronic ticket. Do I Get Tax Relief If Married
If your credit card is a major problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they provide are in your area.
FAQ Do I Get Tax Relief If Married
What is the time frame to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as delinquent payroll tax issues and wage garnishments.
What’s the first thing I have to do once I’m in 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.