Have your debts been increasing lately? Are you tired of trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, your best option is to speak with experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they can help you or put you in more debt.
According to their customers, they can help you control 80percent of your debts so that you are able to take couple of w
orries off your shoulders.
For some the claims seem too good to be true.
If you’re looking for anything that can aid you in settling your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
Before beginning the review, watch this video instead if you prefer watching it.
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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Mortgage Interest Tax Relief On Buy To Let Properties
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. They also provide other services that can assist you in becoming financially stable.
First of all, it begins with requesting a free savings estimate online. The service is completely confidential and they will not be doing a credit check. With this savings estimate you’ll discover more about alternatives to debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to join. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt can be the agency to handle all of your creditor’s calls. They will also be the ones that will negotiate the terms of your settlement in accordance with the state of your financial situation. Depending on which works best to you, this could be a lump-sum settlement or the option of a payment plan.
Additionally they will also be working with the creditors so that you can 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 pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have to do is sign in to CuraDebts the client portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you?
Here are some of the ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards, and also line of credit. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority cases, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, should it be possible. Certain violations could result in having your debts removed as well.
CuraDebt can also help you settle debt with less than the amount you have. They also allow you to have questions answered during a free consultation with their debt counsellor.
The best part about their program is that you only be charged once your debt is settled. All you have to sign up to some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial records They will also gather all the necessary paperwork to file tax returns.
Through this program, you’ll be able to solve different types of taxes like garnishments on wages and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you must settle.
There are a variety of options when it comes to the settlement of the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
While debt settlement is their forte but they aren’t able to offer all kinds of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if the debt or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any problems. Moreover, this type of service is accessible to all 50 states in the event that you have a debt in arrears to IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some instances you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students with negotiating the student loans they owe.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can 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 services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of industry charges from 15% to 25 percent.
Moreover, clients can expect to settle their debt from 2 to 4 years. However, this also varies depending on the amount that you are able to save each month.
They also claim you can save up to 30% when you factor in their charges into your calculation.
However, the claim may depend on the situation. Some customers have even talked about saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Additionally they only charge a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief you can join their credit restoration program.
It’s a great way to restore your credit score without having to go back into debt. However, the program runs differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also be looking into any violations by creditors with the assistance of their own experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using . Therefore, if you’re trying increase your standing on credit scores, you could cause you to delay finishing your obligations.
CureDebt does not offer a mobile application. While they do have a website for clients however, it appears aged and simple. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are 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 for these types of services. Moreover their 20% service charge is cheaper than most companies that offer an additional 25% charge. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app yet, which will make it easier to track your performance.
However, they have a great support team and can be reached them not only through emails but also by phone or sending an electronic ticket. Mortgage Interest Tax Relief On Buy To Let Properties
If problem of debt is an issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the programs they offer are available in your area.
FAQ Mortgage Interest Tax Relief On Buy To Let Properties
How long does it take 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 aid in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can assist you with issues such as late payroll tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.