Have your debts been increasing lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because already tried everything.
In the majority of cases, your most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they are able to help or put you in more debt.
According to their clients they can help you manage the majority of your debt , so you are able to take few things off of your plate.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before beginning the review, you can check out this video instead for a more relaxing way for it to be watched.
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 our article for a more comprehensive review of CuraDebt.
About the Company Nc Military Spouse 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 has been accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. But they offer additional services to aid you in becoming more financially secure.
It all begins with requesting a free online savings estimate. It is a completely private service, and they won’t be conducting a credit screening. With this estimate of savings you’ll be able to be able to learn more about the other options in your journey towards debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an idea of your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the agency to answer all of your creditors’ calls. They’ll also be the ones that determine the terms of your settlement based on the status of your finances. Based on what works best your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Furthermore, they will be working with the creditors so that you can have better rates as you transfer money into your savings account. This, in turn, will be processed to pay off the creditors. Their programs can assist you to pay off the debt in the period of 48 months.
After you’ve signed up with them, they will give you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to track your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards and also loans. You can also approach them to pay off any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. However, you will not receive support for most claims, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations may lead to having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the sum you have. You can also ask questions during their free consult with their debt advisor.
The most appealing aspect of the program is that you’ll only be charged once your debt is settled. All you need to sign up to any of the plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you should be able to deal with various tax issues like wage garnishments and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing, which depends on the amount you must settle.
There are a variety of options for settling taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
While debt settlement is their specialization however, they do not cater to all types in debt resolution. CuraDebt concentrates on loans that are not secured. They can’t assist you if your loan or debt is linked to an item that is physical.
If you do have the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to pay tax debts that were due to be paid without any issues. Furthermore, this service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In some cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students negotiate any loans they have to pay.
Personal and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
They also do not charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to pay off their debts in two to four years. This varies in relation to the amount you save per month.
They also claim you can save up to 30% when you factor in their charges into your calculation.
However, the claim may vary, depending on your situation. Some customers have even talked about saving 50 to up to 80%.
Advantages to using CuraDebt
Now that you have 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 only charges you once you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas most companies charge you 25 percent.
Then, if you’re done with the debt settlement program you may enroll in their credit restoration program.
It’s a fantastic way to restore your credit without going in debt again. However, the program runs different for every person according to your personal situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the help of their experts in-house.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using . So if you’re trying to build a better credit score, it might set you back while you’re getting rid of your debt.
CureDebt does not have a mobile app available. While they have a website that clients can access, it looks outdated and basic. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more for these types of services. Additionally the 20% service charge 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 your debt is finally settled.
While they’ll provide you with an account to see your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which will make it easier to track your progress.
They do have a good support team, and you can reach them, not only via emails but also by phone or submitting an e-ticket. Nc Military Spouse Tax Relief
If credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services they offer are available in your state.
FAQ Nc Military Spouse Tax Relief
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt offers a program for tax relief that will help you with problems like delinquent taxes and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.