Are you experiencing debt that has increased lately? Are you burnt out from trying various financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their clients they can help you control 80% of your debt so that you can finally take a few things off of your mind.
However, for certain people the claims seem too good to be true.
You might be looking for any solution that could help you resolve your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before beginning the review, check out this video instead in case you would prefer for it to be watched.
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 overview. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company How To Qualify For Va Tax Relief 2021
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and is 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?
Assistance in settling your debt is the most popular feature. But they offer other services that will assist you in becoming financially secure.
The process starts by requesting a no-cost savings estimate online. The service is completely confidential and won’t conduct a credit inquiry. With this estimate of savings, you will learn more about your options to be debt-free.
The savings estimate, as mentioned before, gives you an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program, CuraDebt will be the one to take care of all your creditors’ calls. They will also be the ones who will determine conditions of the repayment depending on the condition of your finances. In determining which option is the best for you, it can be a lump-sum settlement or an installment plan.
Moreover they will also be working with the creditors so that you can enjoy better rates when you transfer money into your savings account. This, in turn, will be processed to pay off the creditors. Their plans can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is login to CuraDebts’ client portal to track your performance.
Before you can avail of their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt will 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, and lines of credit. They are also able to settle any outstanding balance of business debt collection, repossessions, or collections.
They can even help negotiate on tax owed as well as IRS debt. However, you won’t get assistance for the majority claims, government loans or collateral, as well as utility bills. They also don’t cover most 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 will also help you identify debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations could cause your debt to be also dismissed.
CuraDebt can also help you repay debt for less than the sum you have. They also allow you to have questions answered during a free meeting with their debt advisor.
The most appealing aspect of their program is that you only pay the fees when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need to file tax returns.
By using this program, you should be able to resolve the various types of tax problems like garnishments on wages as well as tax penalties for personal and taxation for business as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges either. They only use flat-fee pricing that is based on the amount that you’ll have to pay.
They offer different options for 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 kind of debt are they able to help with?
While debt settlement is their specialization but they aren’t able to provide all kinds in debt resolution. CuraDebt concentrates on debt that is not secured. They can’t assist you if your debt or loan is tied to an actual item.
However, if you have the following types of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without difficulty. Moreover, this type of service is offered across all 50 states, if you owe money towards the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students with negotiating any loans they owe.
Personal loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card, CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
Additionally, they don’t have high-cost costs either. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In general, this type of business can cost anywhere between 15% and 25%.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. But, it also differs according to the amount you can save up per month.
Also, they claim you can save up to 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on the situation. Some customers have even talked about saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done in the process of debt resolution, you could also sign up for their credit restoration program.
It’s an excellent option to rebuild your credit score without having to go into debt again. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also investigate any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using the credit card you use. So if you’re trying to improve your rating on your credit, this might cause you to delay finishing your obligations.
CureDebt does not have a mobile app available. While they have a client website but it’s old and mundane. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on those types of services. Moreover, their 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that would make it easier to look at your progression.
They do have a competent support staff and can be reached them not just via email but by phone or by making an electronic ticket. How To Qualify For Va Tax Relief 2021
If the credit card is a major problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ How To Qualify For Va Tax Relief 2021
What is the time frame to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will assist you with issues such as late payroll taxes and garnishments of wages.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.