Have your debts been piling up lately? Are you tired of trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In most cases, the best option is to speak with professionals that can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can help you or put you in more debt.
According to their clients they can help you manage the majority of your debt so that you are able to take few things off of your plate.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper look at how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before beginning the review, check out this video instead if you prefer 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 review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Mortgage Debt Tax Relief 2021
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. However, they also offer other services that will aid you in becoming more financially secure.
The process begins by requesting a free online savings estimate. It is a completely private service and they will not conduct a credit inquiry. With this estimate of savings, you will be able to learn more about the alternatives to be debt-free.
The savings estimate, which was mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to enroll. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the one to handle all of the calls from your creditors. They’ll also be the ones who determine the terms of your settlement based on the status of your financial situation. Based on what works most effectively for you, it can either be a lump sum settlement or the option of a payment plan.
Moreover, 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 be processed to pay creditors. The plans they offer can help you pay off the debt in two years.
Once you’ve signed up with them, they will provide you with access to your information 24/7. All you have to do is login to CuraDebts’ client portal to track your progress.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills credit cards as well as lines of credit. They can also be approached to help settle any remaining balance on business debt and collections or repossessions.
They can even help negotiate on tax owed as well as IRS debt. However, you won’t get support for most of your lawsuits, loans from the government 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 in navigating laws such as those of 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 so that you can have cash settlements, should it be possible. Some violations can also cause your debt to be also dismissed.
CuraDebt lets you settle debt with less than the amount you have. You can also have questions answered during a free meeting with their debt counsellor.
The greatest benefit of their program is that you’ll only have to pay for the charges when your debt is paid off. All you need to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you will be able to solve different types of taxes like wage garnishments, tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount you have to pay.
They have different solutions in settling 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?
While debt settlement is their specialization however, they do not cater to all types of settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if your credit or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to settle tax debts that were due to be paid without any issues. Additionally, this service is offered to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In some cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students negotiate the student loans they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when 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 as much as 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere from 15% to 25 percentage.
Moreover, clients can expect to pay off their debts in 2 to 4 years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you could save as much as 30% by incorporating their costs into your calculations.
However, this statement will depend on your situation. Some customers have even talked about saving 50% to 80percent.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Furthermore they charge only an amount of 20%, while many companies charge 25%.
Then, if you’re done by the program for debt relief, you can join their credit repair program.
It’s an excellent option to rebuild your credit without having to go into debt again. However, the program lasts different for every person, depending on your situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also look into any violations of creditor with the help of their own experts.
The drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using your credit card. So if you’re trying to increase your credit score, it could delay you from finishing your credit card debt.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access, it looks outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on those types of services. In addition their 20% service cost is less expensive than the majority of businesses that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app yet, which could make it easier for you to track your progress.
But, they do have a competent support staff and can be reached them not only through emails but also via phone or submitting an e-ticket. Mortgage Debt Tax Relief 2021
If your debt is a big issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs they provide are in your state.
FAQ Mortgage Debt Tax Relief 2021
How long does it take to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt has a tax relief program to aid you in dealing with problems such as delinquent payroll taxes and garnishments on wages.
What do I need to do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to pay down your debt over time.