Are you experiencing debt that has increased lately? Are you tired of trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because tried every thing.
In the majority of cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if 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 few things off of your shoulders.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In this case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of the way CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, you can go to this video if you prefer to watch it.
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 review. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Is There A Real Estate Capital Gain Tax Relief For Age 55 And Over
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is the most popular feature. However, they also offer other services that will aid you in becoming more financially secure.
It all begins with requesting a free savings estimate online. It is a completely private service, and they won’t be conducting a credit screening. With this savings estimate you’ll learn more about your alternatives towards debt-free.
The savings estimate, which was mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement plan, CuraDebt can be the one to answer all of the calls from your creditors. They’ll also be the ones who negotiate conditions of the settlement based on the status of your finances. In determining which option is the most effectively to you, this can be either a lump sum settlement or the option of a payment plan.
Moreover, they will be working with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This in turn, will process to pay off the creditors. Their programs can assist you to settle the debt within 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 have to do is log in to CuraDebts’ client portal to track your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf for most types of debt. They can help with personal loans, medical bills, credit cards as well as lines of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. However, you will not receive assistance with the majority cases, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like 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. Certain violations may result in having your debts removed as well.
CuraDebt lets you repay debt for less than the sum you have. Additionally, you can inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of their program is that you only be charged once your debt is settled. All you have to sign up to 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. Once they collect all of your financial documents They will also gather 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 like wage garnishments and tax penalties, personal and taxation for business, back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They use only flat-fee pricing, which depends on the amount you have to pay.
They offer different options when it comes to paying off 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 can they assist you with?
Although debt settlement is their specialty however, they do not offer all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They aren’t able to help you if the debt or loan is tied to a physical item.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without any problems. Moreover, this type of service is accessible to all 50 states in the event that you have a debt to the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students negotiate the student loans they have to pay.
Personal and payday loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
Also, they do not charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt you settled with them.
In the average, this kind of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debts within two to four years. This varies according to the amount you save per month.
They also claim you can save as much as 30% if you include their fees in your equation.
However, this statement will depend on your situation. Some customers even claimed to save 50% to 80percent.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge an amount of 20%, while most companies charge you 25 percent.
If you’re finished in the process of debt resolution, you can enroll in their credit repair program.
It’s an excellent option to rebuild your credit score without having to go back into debt. However, the program runs in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also investigate any violations by creditors with the assistance of their in-house experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using the credit card you use. So if you’re trying to increase your standing on credit scores, you may delay you from working on your credit card debt.
CureDebt also doesn’t have a mobile app. While they have a website that clients can access, it looks old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited 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 resolve your debt without having to spend more on those types of services. In addition their 20% service fee is less expensive than the majority of companies that offer an additional 25% charge. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
Although they’ll allow you to access an account to see your progress but their website isn’t user-friendly. CuraDebt does not have an app, which will make it easier to track your progress.
However, they have a good support team and can be reached them not just via email but also via phone or making an e-ticket. Is There A Real Estate Capital Gain Tax Relief For Age 55 And Over
If your problem of debt is an issue right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Is There A Real Estate Capital Gain Tax Relief For Age 55 And Over
What is the time frame to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt offers a program for tax relief that will aid you in dealing with problems such as late payroll tax issues and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.