Are you experiencing debt that has been piling up lately? Are you burnt out from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can assist you or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debts so that you can finally take a couple of things off your mind.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at 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 starting the review, you can go to this video if you 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Has Pension Tax Relief Changes
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a 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 it is accredited, some states have imposed restrictions on 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 assist you in becoming financially secure.
First of all, it starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not be conducting a credit screening. By using this estimate of savings you’ll discover more about options towards debt-free.
The savings estimate, as mentioned before, gives 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 sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement program, CuraDebt will be the agency to handle all of your creditor’s calls. They will also be the ones who will determine the terms of your settlement based on the status of your financial situation. In determining which option is the best for you, it can be a lump-sum settlement or a payment plan.
Moreover they will also work with creditors to ensure that you get better rates when you deposit money to your savings account, which is then processed to pay back the creditors. Their programs can assist you to settle the debt within the period of 48 months.
Once you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is sign in to CuraDebts Client Portal to monitor your development.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for all kinds of debt. This includes personal loans, medical bills, credit cards as well as loans. You can also approach them to help settle any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as 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 they are possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you pay off debts with less than the amount you own. They also allow you to ask questions during their free meeting with their debt advisor.
The greatest benefit of the program is that you’ll only pay the fees after your debt has been settled. All you need to sign up to any of the 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. Once they collect all of your financial documents They will also gather all the necessary paperwork for tax returns.
With this program, you should be able to solve various tax issues such as garnishments on wages, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices that is based on the amount that you’ll have to pay.
They have different solutions when it comes to settling your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their specialization, they don’t offer all kinds of settlement. CuraDebt is only focused on debt that is not secured. They aren’t able to assist you if your debt or loan is tied to an actual item.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able pay off taxes that are due without any problems. Moreover, this type of service is accessible to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students negotiate the student loans they are owed.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards, CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. 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 be required to pay up to 20 percent of the debt you settled with them.
In general, this type of industry charges between 15% and 25%.
Moreover, clients can expect to settle their debts within 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
They also claim that you can save up to 30% when you factor in their fees in your equation.
But this claim will also depend on your specific situation. Some customers even claimed to save between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25%.
If you’re finished in the process of debt resolution you could join their credit restoration program.
It’s a fantastic option to rebuild the credit rating without going back into debt. However, the program lasts differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t increase over time. They’ll also investigate any violations by creditors with the help of their experts in-house.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop paying with . Therefore, if you’re trying improve your standing on credit scores, you might delay you from getting rid of your credit card debt.
CureDebt does not have a mobile app available. Although they have a website that clients can access however, it appears aged and simple. It’s not particularly intuitive, and it 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. In addition their 20% service cost is cheaper than most businesses that charge an additional 25% charge. There are no upfront payments, and you will 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 easy to navigate. CuraDebt does not have an app that could make it easier for you to monitor your progression.
However, they have a great support team and can be reached them not just via email but by phone or by making an electronic ticket. Has Pension Tax Relief Changes
If your problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ Has Pension Tax Relief Changes
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt offers a program for tax relief that will assist you with issues such as late payroll taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to lower your debt over time.