Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because already tried everything.
In the majority of cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their customers, they can help you manage 80percent of your debt , so you can finally take a few things off of your mind.
But for some people, these claims are just too good to be true.
If you’re looking for anything that can aid you in settling your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before beginning the review, go to this video if you prefer to watch it.
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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Marriage Penalty Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. They also provide additional services to help you be more financially secure.
It all begins by requesting a free savings estimate on the internet. This service is very confidential, and they won’t be doing a credit check. With this savings estimate you’ll be able to learn more about the other options in your journey to be debt-free.
The savings estimate, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program, CuraDebt is the agency to answer all of your creditor’s calls. They’ll also be the ones who will determine conditions of the payment depending on the condition of your finances. In determining which option is the most effectively for you, it could be a lump-sum settlement or a payment plan.
Moreover they will also be working with lenders to help you have better rates as you make deposits to your savings account, which is then processed to pay off creditors. Their plans can help you settle the debt within two years.
After you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts’ client portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards and lines of credit. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate for back taxes as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, if they are possible. Some violations can also lead to having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. You can also ask questions during their free consult with their debt counselor.
The most appealing aspect of their program is that you will only pay the fees when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you should be able to deal with different types of taxes like wage garnishments as well as tax penalties for personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing and is dependent on the amount you’ll need to settle.
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 kinds of debts can they help you with?
Although debt settlement is their forte however, they do not cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They won’t be able to help you if the loan or debt is linked to an actual item.
If, however, you are in one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any issues. Moreover, this type of service is available to all 50 states if you have a debt towards the IRS. They have federal tax experts to assist you with the issues.
CuraDebt will also help you resolve any medical-related debt. In some instances 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. However, they can assist private students in negotiating the student loans they are owed.
Payday loans and personal 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 a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards CuraDebt will assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your outstanding debts.
They also don’t have high-cost fees as well. In the average, you’ll need to pay up to 20 percent of the debt you settled through them.
In general, this type of industry charges from 15% to 25 percentage.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you can save up per month.
They also claim that you could save up to 30% when you factor in their fees in your equation.
However, this statement will depend on your situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas many companies charge 25 percent.
Then, if you’re done with the debt settlement program you could also sign up for their credit repair program.
It’s a fantastic option to rebuild your credit score without going back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with the credit card you use. So if you’re trying to increase your credit score, it might delay you from getting rid of your credit card debt.
CureDebt also doesn’t offer a mobile application. Although they have a website for clients, it looks outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more on these kinds of services. Additionally the 20% service fee is lower than many businesses that charge an additional 25% charge. There are no upfront payments, and you will only have to pay when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to look at your performance.
However, they have a great support team that you can contact them not only through emails but also via phone or submitting an e-ticket. Marriage Penalty Tax Relief
If problem of debt is an problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the programs they provide are in your area.
FAQ Marriage Penalty Tax Relief
What is the time frame to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt has a tax relief program that can aid you in dealing with problems such as delinquent payroll tax issues and garnishments of wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down your debt over time.