Has your debt been piling up lately? Are you exhausted from trying other financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they can help you or put you in more debt.
According to their clients they can assist you in managing 80percent of your debt , so you are able to take few things off of your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt is used and the problems it can help you solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, check out this video instead if you prefer watching it.
Otherwise, let’s begin.
Before you go on, 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.
About the Company Mississippi Veteran Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will help you be more financially stable.
The process begins by requesting a free savings estimate on the internet. This service is very confidential and they will not be doing a credit check. By using this estimate of savings you’ll be able to learn more about the alternatives to debt-free.
The savings estimate, as mentioned before, gives you an idea of your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following the debt settlement plan, CuraDebt is the one to handle all of your creditor’s calls. They will also be the ones that will negotiate the terms of your payment based on the status of your finances. Based on what works best to you, this can be a lump-sum settlement or an installment plan.
Additionally they will be working with creditors so that you can get better rates when you deposit money to your savings account. This, in turn, will be processed to pay off the creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve registered with them, they will provide you with 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 benefit from their program, you’ll need to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle most types of debt. This includes medical bills, personal loans credit cards and loans. They can also be approached to settle any outstanding balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you will not receive assistance for the majority cases, government loans as well as collateral and utility bills. Also, they don’t cover the majority of 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 the violations of creditors in order to get cash settlements, should it be possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of their plan is that you only be charged when your debt is paid off. All you have to sign up to one of their plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documentation They will also gather all the necessary paperwork to file tax returns.
Through this program, you’ll be able to deal with different types of taxes such as wage garnishments, tax penalties, personal and taxation for business as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They only offer flat-fee prices that is based on the amount you need to settle.
They have different solutions in settling your 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 forte but they aren’t able to offer all kinds of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your loan or debt is linked to an actual item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without difficulty. Additionally, this service is offered to all 50 states if you owe money in arrears to IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling the medical bills. In certain cases you could even settle 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 the student loans they are owed.
Payday loans and personal loans also qualify as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
They also do not charge high fees as well. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
In general, this type of industry can charge anywhere between 15% and 25 percentage.
In addition, customers can expect to settle their debt from two to four years. However, this also varies according to the amount you are able to save each month.
Additionally, they claim that you could save as much as 30% by incorporating their costs into your calculations.
However, this statement will vary, depending on your specific situation. Some customers even claimed to save 50 to 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished in the process of debt resolution, you could join their credit repair program.
It’s a fantastic way to restore the credit rating without going in debt again. However, the program lasts different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also look into any creditor violations using their own experts.
The drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with your credit card. So if you’re trying to improve your credit score, it may delay you from finishing your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a client website however, it appears outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more on these kinds of services. In addition, their 20% service charge is less expensive than the majority of companies that offer a 25% fee. There aren’t any upfront fees, 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 user-friendly. CuraDebt also doesn’t have an app that could make it easier for you to track your progression.
But, they do have a competent support staff, and you can reach them not only through emails but also by phone or submitting an electronic ticket. Mississippi Veteran Tax Relief
If debt is a big issue right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they offer are available in your state.
FAQ Mississippi Veteran Tax Relief
How long will it take to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will assist you with issues such as delinquent payroll tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce the amount of debt you have over time.