Are you experiencing debt that has been piling up lately? Are you exhausted from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because been through everything.
In the majority of cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can help you or help you get into more debt.
According to their clients they can assist you in managing 80percent of your debt so that you can take couple of things off your shoulders.
For some, these claims are just too good to be true.
If you’re looking for anything that can help you resolve your debt. In this case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, watch this video instead if you prefer watching 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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Foreign Immigration To America Tax Relief
CuraDebt is a debt relief company from 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 with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is the most known feature. But they offer other services that will aid you in becoming more financially secure.
It all begins with requesting a free online savings estimate. The service is completely confidential and won’t be conducting a credit screening. With this estimate of savings you’ll discover more about alternatives to be debt-free.
The savings estimate, which was mentioned previously, offers you an idea of your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement plan, CuraDebt will be the one to answer all of the calls from your creditors. They will also be the ones who determine the terms of your settlement in accordance with the state of your financial situation. Depending on which works most effectively your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Moreover, they will work with lenders to help you get better rates when you transfer money into your savings account. This in turn, will process to pay back the creditors. Their plans can help you settle the debt within 48 months.
Once you’ve signed up with them, they’ll allow you access to your data 24/7. All you have to do is log in to CuraDebts the client portal to track your progress.
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CuraDebt’s Requirements
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can help you.
Debt Relief
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf for all kinds of debt. This includes medical bills, personal loans, credit cards and line of credit. You can also approach them to settle any outstanding balance on business debt, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive support for most cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will 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 debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. They also allow you to inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of their plan is that you only have to pay for the charges once your debt is settled. All you need to sign up for any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
By using this program, you will be able to resolve the various types of tax problems such as garnishments on wages as well as tax penalties for personal and corporate taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They use only flat-fee pricing and is dependent on the amount you’ll need to settle.
There are a variety of options in 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
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What kinds of debts can they help you with?
Although debt settlement is their forte, they don’t provide all kinds of settlement. CuraDebt only focuses on loans that are not secured. They aren’t able to assist you if your debt or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any problems. Additionally, this service is available across all 50 states, if you owe money in arrears to IRS. There are federal tax experts who can assist you in resolving these types of issues.
Medical Debt
CuraDebt can also assist in settling your medical debt. In some instances you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students in negotiating any loans they owe.
Personal Loan
Personal and payday loans are also eligible for the debt settlement program. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card, CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost fees as well. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of industry charges between 15 and 25 percentage.
Moreover, clients can expect to settle their debts within 2 to 4 years. But, it also differs in relation to the amount you can save up per month.
Also, they claim you can save as much as 30% if you include their charges into your calculation.
However, the claim may vary, depending on your specific situation. Some customers have even talked about saving between 50% and 80%.
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Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore they only charge an amount of 20%, while many companies charge 25 percent.
Then, if you’re done by the program for debt relief, you may enroll in their credit restoration program.
It’s a fantastic option to rebuild the credit rating without going into debt again. The program is however designed different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also be looking into any creditor violations with the help of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with . So if you’re trying to increase your credit score, it might delay you from working on your debt.
CureDebt also doesn’t have a mobile app. Although they have a client website, it looks outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on these kinds of services. In addition the 20% service charge is lower than many firms that charge an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to look at your performance.
But, they do have a good support team, and you can reach them not just via email but also by phone or sending an electronic ticket. Foreign Immigration To America Tax Relief
If problem of debt is an issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they offer are available in your state.
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FAQ Foreign Immigration To America Tax Relief
How long will it take to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems like delinquent tax and garnishments of wages.
What do I need to do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down the amount of debt you have over time.