Has your debt been increasing lately? Are you tired of trying different financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, your most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is one of the most asked companies. Many people are asking if they are able to help or help you get into more debt.
According to their clients they can help you control 80% of your debt , so you can finally take a few things off of your shoulders.
For some the claims seem too good to be true.
If you’re looking for something that will aid you in settling your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at the way CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before beginning the review, watch this video instead if you 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Military Spouse Residency Relief Act Tax Form
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a participant in 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 restricted their services.
What can CuraDebt do?
Assistance in settling your debt is the most popular feature. However, they also offer other services that can aid you in becoming more financially stable.
It all begins with requesting a free online savings estimate. It is a completely private service and 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 towards debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an idea of your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with credit arbitration if you decide to join. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement plan, CuraDebt can be the company to answer all of your creditor’s calls. They’ll also be the ones who will determine what you will pay for your payment based on the status of your financial situation. Depending on which works most effectively to you, this could either be a lump sum settlement or an installment plan.
Furthermore, they will work with creditors to ensure that you get better rates when you deposit money to your savings account, which is then processed to pay back the creditors. The plans they offer can help you settle the debt within 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is login to CuraDebts’ client portal so that you can monitor your performance.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to be:
- At least 21 years old
- Have a 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 can help you deal with debt. They can negotiate settlements on behalf of you for most types of debt. They can help with personal loans, medical bills, credit cards and also loans. They can also be approached to help settle any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not receive assistance with the majority claims, loans from the government or collateral, as well as utility bills. The same goes for 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 can also assist you in identifying the violations of creditors in order to get cash settlements, should it be possible. Some violations can also lead to having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the sum you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt counsellor.
The best part about their plan is that you’ll only be charged when your debt is paid off. All you need to sign up to some of their programs, 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’ve gathered all your financial records, they will also collect all the documents you’ll require to file tax returns.
With this program, you’ll be able to solve the various types of tax problems such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options in settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
While debt settlement is their forte, they don’t provide all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They can’t 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 will 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 difficulty. Furthermore, this service is offered to all 50 states in the event that you owe money in arrears to IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In certain cases, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students with negotiating any loans they owe.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you settle each of your outstanding debts.
Also, they don’t charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled with them.
In general, this type of industry can charge anywhere from 15% to 25 percent.
Additionally, customers can anticipate to settle their debts within two to four years. This varies according to the amount you can save up per month.
Additionally, they claim that you could save as much as 30% if you include their charges into your calculation.
However, this statement will depend on the situation. Some customers even claimed to save 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. In addition they only charge a 20% fee while many companies charge 25 percent.
If you’re finished by the program for debt relief, you may join their credit repair program.
It’s a fantastic method to improve your credit score without having to go back into debt. The program is however designed differently for each person, depending on your situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also look into 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 drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using . Therefore, if you’re trying improve your rating on your credit, this could cause you to delay finishing your obligations.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients, it looks aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on those types of services. Additionally their 20% service cost is lower than many companies that offer an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account to see your progress, their website is not user-friendly. CuraDebt isn’t even an app, which would make it easier to monitor your performance.
They do have a great support team that you can contact them not only through emails but by phone or by making an electronic ticket. Military Spouse Residency Relief Act Tax Form
If debt is a big issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they provide are in your state.
FAQ Military Spouse Residency Relief Act Tax Form
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt has a tax relief program that can assist you with issues such as late payroll tax issues and wage garnishments.
What should I do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.