Has your debt been piling up lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because been through everything.
In most cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can assist you or put you in more debt.
According to their clients they can help you manage 80percent of your debts so that you are able to take couple of things off your mind.
However, for certain people the claims seem too good to be true.
You might be looking for anything that can aid you in settling your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of how CuraDebt operates and what issues it can solve for you.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, check out this video instead for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you go on, 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 Navy Marine Corps Relief Society Tax Break
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. But they offer other services that can assist you in becoming financially stable.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about your options to be debt-free.
Savings estimates, as mentioned previously, offers you an idea of your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with credit arbitration in the event that you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt will be the one to handle all of your creditors’ calls. They’ll also be the ones who negotiate the terms of your repayment depending on the condition of your finances. In determining which option is the best for you, it could either be a lump sum settlement or an installment plan.
Additionally they will also be working with creditors so that you can have better rates as you deposit money to your savings account. This is then processed to pay creditors. Their programs can assist you to get rid of debt in just two years.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you need to do is login to CuraDebts’ client portal to track your progress.
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CuraDebt’s Requirements
Before you can benefit from their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
Debt Relief
Like their name implies, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans credit cards, and also line of credit. You can also approach them to pay off any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you won’t get assistance for the majority claims, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt lets you settle debt with less than the amount you own. Additionally, you can ask questions during their free consultation with their debt counselor.
The best part about their plan is that you only have to pay for the charges when your debt is paid off. All you need to sign up to any of the plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you should be able to solve the various types of tax problems like wage garnishments and tax penalties, personal and business taxes and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing that is based on the amount that 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
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What kind of debt can they help you with?
While debt settlement is their forte however, they do not offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to assist you if your debt or loan is tied to an actual item.
If, however, you are in the following types of debt, they will negotiate settlements on your behalf.
Tax Debt
With CuraDebt the service, you’ll be able pay off taxes that are due without any issues. Moreover, this type of service is offered to all 50 states in the event that you owe money towards the IRS. They have federal tax experts that can help you resolve these types of issues.
Medical Debt
CuraDebt can also assist in settling the medical bills. In some cases you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating the student loans they have to pay.
Personal Loan
Personal and payday loans also qualify to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
They also do not charge high charges either. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
On average, this type of industry charges between 15 and 25 percent.
In addition, customers can expect to settle their debts within two to four years. But, it also differs in relation to the amount you can save up per month.
They also claim that you could save as much as 30% if you include their charges into your calculation.
However, this statement will vary, depending on your situation. Some clients even mentioned saving 50 to up to 80%.
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The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they charge only an amount of 20%, while most companies charge you 25 percent.
If you’re finished in the process of debt resolution, you could also sign up for their credit repair program.
It’s a great option to rebuild your credit score without going into debt again. However, the program runs different for every person according to your personal situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into any violations by creditors using their experts in-house.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with the credit card you use. So if you’re trying to build a better standing on credit scores, you might delay you from finishing your credit card debt.
CureDebt also doesn’t have a mobile app. While they have a client website, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. Moreover the 20% service fee is cheaper than most companies that offer the 25% cost. There aren’t any upfront fees and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app, which would make it easier to monitor your progress.
But, they do have a competent support staff that you can contact them, not only via emails but also by phone or making an e-ticket. Navy Marine Corps Relief Society Tax Break
If your credit card is a major problem, then we recommend CuraDebt’s service. Make sure you’re qualified and that the services they offer are available in your state.
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FAQ Navy Marine Corps Relief Society Tax Break
How long will it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent taxes and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower the amount of debt you have over time.