Has your debt been increasing lately? Are you tired of trying various financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many customers have asked if they can assist you or put you into more debt.
According to their clients, they can assist you in managing 80percent of your debt , so you can finally take a few things off of your shoulders.
For some the claims seem too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way watching it.
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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company How To Claim Back Tax Relief On Pension Contributions
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. They also provide additional services to assist you in becoming financially stable.
It all begins by requesting a free savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. With this estimate of savings you’ll be able to discover more about other options in your journey towards debt-free.
The savings estimate, as mentioned previously, offers you an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the agency to handle all of your creditor’s calls. They will also be the ones that determine what you will pay for your settlement depending on the condition of your finances. Based on what works best to you, this could be a lump-sum settlement or the option of a payment plan.
Additionally they will work with creditors to ensure that you have better rates as you deposit money to your savings account. This in turn, will process to pay back the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
After you’ve registered with them, they’ll give you access to your data 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They can negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans credit cards as well as loans. You can also approach them to pay off any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t receive assistance for the majority cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you with laws like 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. Some violations can also lead to having your debts removed as well.
CuraDebt also allows you to settle debt with less than the amount you own. You can also have questions answered during a free meeting with their debt advisor.
The most appealing aspect of their plan is that you’ll only have to pay for the charges once your debt is settled. All you have to do is sign up with any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you will be able to deal with the various types of tax problems like garnishments on wages and tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing, which depends on the amount that you’ll must settle.
They offer different options in the settlement of taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
While debt settlement is their specialty however, they do not provide all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They can’t help you if the loan or debt is linked to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to settle your past-due tax debts without any problems. Moreover, this type of service is available across all 50 states, if you have a debt to the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve your medical debt. In some instances you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students negotiate the student loans they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got 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 greatest thing about CuraDebt is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you settle each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled through them.
On average, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debt from two to four years. This varies according to the amount you are able to save each month.
They also claim that you could save as much as 30% when you factor in their costs into your calculations.
But this claim will also depend on the situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you can enroll in their credit restoration program.
It’s a fantastic method to improve your credit without going in debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with 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.
The drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with your credit card. So if you’re trying to build a better credit score, it may delay you from getting rid of your debt.
CureDebt does not have a mobile app available. Although they have a website for clients but it’s outdated and basic. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on these kinds of services. Moreover their 20% service cost is cheaper than most businesses that charge an additional 25% charge. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account to see your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which will make it easier to monitor your progress. How To Claim Back Tax Relief On Pension Contributions
But, they do have a good support team and can be reached them, not only via emails but also by phone or submitting an e-ticket. How To Claim Back Tax Relief On Pension Contributions
If the debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services they offer are available in your state.
FAQ How To Claim Back Tax Relief On Pension Contributions
How long does 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 stipulated settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.