Has your debt increased lately? Are you burnt out from trying other 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 assist you settle this issue.
CuraDebt is one of the most asked companies. Many people are asking if they can help you or put you into more debt.
According to their clients, they can help you control the majority of your debts so that you can finally take a few things off of your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off 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.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before you begin the review, go to this video in case you would prefer for it to be watched.
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 overview. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Injured Spouse Tax Relief Criteria
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is the most popular feature. However, they also offer additional services to aid you in becoming more financially stable.
First of all, it 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 will learn more about your alternatives to debt-free.
Savings estimates, as mentioned earlier, provides you with an idea of your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement plan, CuraDebt is the agency to take care of all your creditor’s calls. They’ll also be the ones who will determine conditions of the payment depending on the condition of your financial situation. In determining which option is the best for you, it could be a lump-sum settlement or an installment plan.
Moreover, they will be working with the lenders to help you have better rates as you make deposits to your savings account. This, is then processed to pay off the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve registered with them, they’ll give you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts Client Portal to monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to 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 are able to negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills credit cards, and also loans. You can also approach them to pay off any remaining balance on business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. But, you won’t receive assistance for the majority cases, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation in order to get cash settlements, if possible. Some violations can also lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the sum you have. They also allow you to have questions answered during a free consult with their debt counsellor.
The best part about the program is that you will only have to pay for the charges after your debt has been settled. All you need to sign up to any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial records They will also gather all the documents you’ll require for tax returns.
Through this program, you should be able to deal with different types of taxes such as garnishments on wages as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges either. They use only flat-fee pricing and is dependent on the amount that you’ll have to pay.
They offer different options in settling your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their forte but they aren’t able to cater to all types of settlement. CuraDebt is only focused on unsecured debt. They can’t help you if your credit 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 it is expected that you will be able to pay tax debts that were due to be paid without difficulty. Additionally, this service is available across all 50 states, if you owe money towards the IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling any medical-related debt. In some instances you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students with negotiating any student loans that they have to pay.
Personal and payday loans also qualify 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 and private-label credit cards, CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. Only pay when you settle each of your debts.
They also don’t charge high costs either. On average, you’ll have to pay between 20 and 20% of the debt you settled through them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
In addition, customers can expect to settle their debt from between 2 and 4 years. However, this also varies according to the amount you are able to save each month.
They also claim that you could save up to 30% when you factor in their costs into your calculations.
However, this statement will differ based on your specific situation. Some clients even mentioned saving between 50% and up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished by the program for debt relief, you could join their credit repair program.
It’s an excellent option to rebuild your credit without having to go back into debt. The program is however designed differently for each person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the assistance of their in-house experts.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using . Therefore, if you’re trying increase your rating on your credit, this might cause you to delay working on your credit card debt.
CureDebt doesn’t even offer a mobile application. While they do have a website for clients, it looks old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on those types of services. In addition the 20% service cost is lower than many firms that charge a 25% fee. There is no upfront payment, and you will only be required to pay once the debt is paid off.
Although they’ll give you an account so that you can track your progress, their website is not user-friendly. CuraDebt also doesn’t have an app yet, which will make it easier to track your progression.
However, they have a great support team, and you can reach them, not only via emails but also by phone or submitting an electronic ticket. Injured Spouse Tax Relief Criteria
If the debt is a big issue right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services that they provide are offered in your state.
FAQ Injured Spouse Tax Relief Criteria
How long will it take to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt has a tax relief program that can aid you in dealing with problems such as delinquent payroll taxes and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.