Are you experiencing debt that has been piling up lately? Are you exhausted from trying other financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, your most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they are able to help or help you get into more debt.
According to their customers, they can help you control the majority of your debt so that you can finally take a few things off of your shoulders.
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. In that scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper review of how CuraDebt operates and what issues it could help solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before starting the review, you can go to this video in case you would prefer to watch it.
Otherwise, let’s begin.
Before you go on, 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.
About the Company Ireland Tax Relief At Source
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a member 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 limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is the most well-known feature. However, they also offer other services that can help you be more financially secure.
First of all, it begins with requesting a free savings estimate on the internet. It is a completely private service, and they won’t be doing a credit check. With this savings estimate you’ll be able to discover more about other options in your journey to debt-free.
The savings estimate, as we’ve mentioned previously, offers you an idea of your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program, CuraDebt can be the agency to answer all of the calls from your creditors. They’ll also be the ones that will determine conditions of the repayment depending on the condition of your financial situation. Based on what works most effectively for you, it could be a lump-sum settlement or the option of a payment plan.
Furthermore, they will work with lenders to help you get better rates when you transfer money into your savings account. This in turn, will process to pay back the creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal to track your performance.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans credit cards, as well as line of credit. You can also approach them to settle any outstanding amount on business debts and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can help you use 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 they are possible. Certain violations could cause your debt to be removed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also have questions answered during a free meeting with their debt advisor.
The most appealing aspect of their plan is that you only be charged once your debt is settled. All you need to do is sign up with one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
Through this program, you will be able to deal with the various types of tax problems such as garnishments on wages, tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing that is based on the amount that you’ll must settle.
There are a variety of options for settling the tax debt. Here are 6 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 specialization however, they do not cater to all types of debt settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if the loan or debt is linked to a physical item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any problems. Furthermore, this service is available to all 50 states if you have a debt in arrears to IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students in negotiating any student loans that they are owed.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Additionally, they do not charge high fees as well. On average, you’ll be required to pay as much as 20 percent of the debt you settled through them.
On average, this type of business can cost anywhere between 15 and 25%.
In addition, customers can expect to settle their debt from 2 to 4 years. However, this also varies in relation to the amount you are able to save each month.
They also claim that you could save up to 30% if you include their charges into your calculation.
However, this statement will depend on your specific situation. Some clients even mentioned saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. Furthermore they only charge a 20% fee while the majority of companies charge 25%.
Then, if you’re done with the debt settlement program you can join their credit restoration program.
It’s an excellent way to restore your credit without going back into debt. However, the program lasts different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the help of their own experts.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with the credit card you use. Therefore, if you’re trying build a better credit score, it might delay you from getting rid of your credit card debt.
CureDebt does not offer a mobile application. While they have a website that clients can access, it looks aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. Additionally their 20% service cost is cheaper than most businesses that charge the 25% cost. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which would make it easier to look at your progression.
They do have a good support team that you can contact them not just via email but also by phone or making an e-ticket. Ireland Tax Relief At Source
If problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs that they provide are offered in your area.
FAQ Ireland Tax Relief At Source
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt has a tax relief program that can assist you with issues such as late payroll tax issues and garnishments of wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.