Has your debt increased lately? Are you exhausted from trying various financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you manage 80percent of your debts so that you are able to take few things off of your shoulders.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at the way CuraDebt works and what problems it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
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 continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Is There A Tax Relief Fot Early Retirement Withdrawal
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. But they offer additional services to 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 conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your alternatives towards debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt is the agency to take care of all your creditors’ calls. They’ll be the ones who determine what you will pay for your repayment in accordance with the state of your financial situation. In determining which option is the best to you, this could be a lump-sum settlement or the option of a payment plan.
Furthermore, they will be working with the lenders to help you have better rates as you make deposits to your savings account. This, in turn, will process to pay creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you have to do is login to CuraDebts Client Portal to track your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for most types of debt. These include medical bills, personal loans, credit cards as well as lines of credit. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get assistance with the majority claims, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt advisor.
The most appealing aspect of the program is that you only have to pay for the charges when your debt is paid off. All you have to sign up to any of the plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records, they will also collect all the necessary paperwork for tax returns.
With 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, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing that is based on the amount you must settle.
They have different solutions when it comes to paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to cater to all types of debt settlement. CuraDebt concentrates on unsecured debt. They can’t help you if the debt or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to settle taxes that are due without any issues. Furthermore, this service is available to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt will also help you resolve the medical bills. In some instances you might even be able to pay the debt for less than 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 are owed.
Personal loans and payday loans also qualify for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt will assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In general, this type of industry charges between 15 and 25 percent.
Moreover, clients can expect to settle their debt from between 2 and 4 years. But, it also differs in relation to the amount you save per month.
They also claim that you can save up to 30% when you factor in their fees in your equation.
But this claim will also vary, depending on your specific situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Additionally they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished with the debt settlement program you could enroll in their credit repair program.
It’s an excellent option to rebuild your credit without having to go in debt again. However, the program runs different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any violations of creditor with the help of their experts in-house.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using . If you’re trying to improve your standing on credit scores, you might set you back while you’re getting rid of your obligations.
CureDebt also doesn’t offer a mobile application. While they have a client website but it’s aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. Additionally the 20% service charge is cheaper than most firms that charge a 25% fee. There are no upfront payments, and you will only be required to pay once the debt is paid off.
While they’ll provide you with an account to see your progress but their website isn’t easy to navigate. CuraDebt does not have an app yet, which will make it easier to track your progress.
However, they have a great support team that you can contact them not just via email but also via phone or sending an e-ticket. Is There A Tax Relief Fot Early Retirement Withdrawal
If 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 Is There A Tax Relief Fot Early Retirement Withdrawal
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs to assist you with issues such as delinquent payroll tax and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower the amount of debt you have over time.