Are you experiencing debt that has increased lately? Are you burnt out from trying various financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In most cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their customers, they can assist you in managing 80percent of your debts so that you can finally take a few things off of your plate.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper look at the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll look at 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 Tax Credit Relief Spain
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. They also provide other services that will aid you in becoming more financially stable.
It all starts by requesting a no-cost online savings estimate. It is a completely private service and won’t be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the options towards debt-free.
The savings estimate, as we’ve mentioned previously, offers you an insight into your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you with your debt-free journey.
After your debt settlement program, CuraDebt will be the one to answer all of the calls from your creditors. They will also be the ones who will negotiate the terms of your settlement in accordance with the state of your finances. Depending on which works best to you, this could be a lump-sum settlement or a payment plan.
Additionally they will also work with lenders to help you enjoy better rates when you deposit money to your savings account, which in turn, will process to pay back creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they will give you access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle all kinds of debt. This includes personal loans, medical bills, credit cards as well as line of credit. You can also approach them to settle any outstanding balance on business debt, collections, or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not receive support for most cases, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like those of 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. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the sum you have. You can also inquire about your debt during their no-cost meeting with their debt advisor.
The best part about the program is that you’ll only pay the fees after your debt has been settled. All you have to sign up to one of their plans and you’ll have the ability to pay off all 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 documents you’ll require for tax returns.
By using this program, you’ll be able to solve different types of taxes like wage garnishments as well as tax penalties for personal and corporate taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you have to pay.
They have different solutions for paying off 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 are they able to help with?
While debt settlement is their specialty however, they do not provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if the loan or debt is linked to an item that is physical.
If you do have 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 problems. Moreover, this type of service is offered to all 50 states if you owe money to the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students in negotiating any loans they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt can help you pay it off.
How much will it 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 debts.
Additionally, they don’t charge high charges either. On average, you’ll have to pay as much as 20% of the debt you settled with them.
In the average, this kind of industry can charge anywhere between 15 and 25%.
Moreover, clients can expect to settle their debts within 2 to 4 years. This varies in relation to the amount you can save up per month.
Also, they claim that you can save up to 30% when you factor in their fees in your equation.
However, this statement will differ based on the situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits 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. Furthermore, they only charge a 20% fee while many companies charge 25%.
Next, if you’re done with the debt settlement program you may also sign up for their credit repair program.
It’s an excellent way to restore your credit score without going in debt again. However, the program lasts in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into any creditor violations with the assistance of their in-house experts.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with your credit card. If you’re trying to improve your standing on credit scores, you might cause you to delay finishing your obligations.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients but it’s aged and simple. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more for these types of services. Moreover their 20% service charge is cheaper than most companies that offer an additional 25% charge. There are no upfront payments and you’ll only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which will make it easier to monitor your performance.
They do have a competent support staff that you can contact them not just via email but by phone or by submitting an electronic ticket. Foreign Tax Credit Relief Spain
If your 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 area.
FAQ Foreign Tax Credit Relief Spain
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt offers a program for tax relief to assist you with issues such as delinquent payroll taxes and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce the amount of debt you have over time.