Have your debts increased lately? Are you burnt out from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they can assist you or put you into more debt.
According to their customers, they can help you control 80percent of your debt so that you can 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 assist you in paying off your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before you begin the review, check out this video instead in case you would prefer for it to be watched.
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 will want to read the rest of the article for a more comprehensive review.
About the Company Pension Contributions Self Employed Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. However, they also offer other services that will aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost savings estimate online. This service is very confidential and they will not be conducting a credit screening. By using this estimate of savings, you will learn more about your options to debt-free.
This estimate of savings, as mentioned earlier, provides you with an insight into your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt will be the company to handle all of the calls from your creditors. They will be the ones who determine what you will pay for your repayment in accordance with the state of your finances. Based on what works most effectively your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Moreover they will be working with creditors so that you can get better rates when you make deposits to your savings account, which is then processed to pay creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with medical bills, personal loans, credit cards as well as loans. They are also able to help settle any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most 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 creditor violations to ensure that you receive cash settlements, if possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the sum you have. Additionally, you can ask questions during their free consult with their debt counsellor.
The most appealing aspect of their program is that you only be charged after your debt has been settled. 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 can also deal with the tax liabilities you have. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you’ll be able to solve the various types of tax problems like garnishments on wages and tax penalties, personal and business taxes and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing that is based on the amount you have to pay.
They have different solutions for settling taxes. 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 can they assist you with?
While debt settlement is their specialty however, they do not cater to all types in debt resolution. CuraDebt concentrates on unsecured debt. They aren’t able to assist you if your debt or loan is tied to a physical item.
However, if you have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to settle tax debts that were due to be paid without any issues. Moreover, this type of service is offered across all 50 states, if you owe money towards the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt can also help resolve the medical bills. In some cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students negotiate the student loans they owe.
Personal and payday loans also qualify for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
On average, this type of industry charges between 15% and 25%.
Moreover, clients can expect to settle their debt from 2 to 4 years. However, this also varies depending on the amount that you can save up per month.
Additionally, they claim that you can save as much as 30% by incorporating their fees in your equation.
However, the claim may vary, depending on your specific situation. Some customers have even talked about saving 50% to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. Furthermore they only charge a 20% fee while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program you could enroll in their credit restoration program.
It’s an excellent option to rebuild your credit score without having to go back into debt. However, the program lasts in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any violations of creditor using their experts in-house.
The drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with . So if you’re trying to build a better credit score, it might delay you from finishing your credit card debt.
CureDebt doesn’t even have a mobile app available. While they do have a client website but it’s outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on these kinds of services. Moreover their 20% service fee is less expensive than the majority of companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app that could make it easier for you to track your progress.
They do have a great support team and can be reached them, not only via emails but by phone or by submitting an electronic ticket. Pension Contributions Self Employed Tax Relief
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs they offer are available in your state.
FAQ Pension Contributions Self Employed Tax Relief
How long does it take 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 aid with tax problems in the state?
Yes, CuraDebt offers a program for tax relief that can assist you with issues such as late payroll taxes and wage garnishments.
What do I need to do when I’m enrolled 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.