Has your debt increased lately? Are you burnt out from trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their clients, they can help you manage the majority of your debt , so you can finally take a couple of things off your plate.
For some they believe these claims are too good to be true.
You might be looking for anything that can help you resolve your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, you can watch this video instead for a more relaxing way for it to be watched.
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. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Income Tax Relief Capital Losses
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. They also provide other services that can aid you in becoming more financially secure.
It all starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and they will not be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the alternatives to be debt-free.
The savings estimate, as mentioned before, gives you an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to sign up. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program, CuraDebt is the agency to handle all of your creditor’s calls. They’ll also be the ones who will negotiate the terms of your payment depending on the condition of your financial situation. Based on what works best for you, it could be a lump-sum settlement or the option of a payment plan.
Additionally, they will work with lenders to help you get better rates when you deposit money to your savings account. This, is then processed to pay creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve registered with them, they will give you access to your data 24/7. All you have to do is login to CuraDebts the client portal to monitor your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. They can help with personal loans, medical bills credit cards, and line of credit. They are also able to settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. However, you won’t get assistance for the majority claims, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts removed as well.
CuraDebt can also help you settle debt with less than the amount you own. They also allow you to have questions answered during a free meeting with their debt counsellor.
The best part about the program is that you only have to pay for the charges when your debt is paid off. All you have to do is sign up with some of their programs, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you will be able to deal with the various types of tax problems such as wage garnishments as well as tax penalties for personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you need to settle.
There are a variety of options when it comes to the settlement of taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their forte, they don’t provide all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They won’t be able to assist you if your debt or loan is tied to a physical item.
If, however, you are in the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any problems. Additionally, this service is available across all 50 states, if you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any loans they are owed.
Personal and payday loans are also eligible for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
Also, they don’t have high-cost charges either. In the average, you’ll need to pay up to 20 percent of the debt you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs according to the amount you save per month.
Additionally, they claim that you can save as much as 30% when you factor in their fees in your equation.
However, this statement will vary, depending on the situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Additionally they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program, you can join their credit repair program.
It’s an excellent method to improve your credit score without having to go into debt again. However, the program lasts different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the help of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using your credit card. Therefore, if you’re trying increase your credit score, it could set you back while you’re getting rid of your credit card debt.
CureDebt does not offer a mobile application. Although they have a client website but it’s old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more for these types of services. Moreover, their 20% service charge is lower than many firms that charge an additional 25% charge. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account to see your progress, their website is not user-friendly. CuraDebt also doesn’t have an app yet, which will make it easier to track your performance.
However, they have a good support team and can be reached them not only through emails but also via phone or submitting an electronic ticket. Income Tax Relief Capital Losses
If credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Income Tax Relief Capital Losses
How long will it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt has a tax relief program to help you with problems like delinquent tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.