Has your debt been piling up lately? Are you tired of trying different financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people are asking if they can assist you or put you in more debt.
According to their clients, they can help you control 80percent of your debt , so you are able to take couple of w
orries off your shoulders.
But for some people the claims seem too good to be true.
You might be looking for something that will assist you in paying off your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before beginning the review, you can check out this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, 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 of CuraDebt.
About the Company Pension Tax Relief At Source
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide other services that will aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate online. It is a completely private service and won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about your alternatives towards debt-free.
Savings estimates, as we’ve mentioned previously, offers you the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration if you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt can be the agency to handle all of your creditors’ calls. They’ll also be the ones who negotiate what you will pay for your settlement based on the status of your financial situation. Based on what works most effectively for you, it could be either a lump sum settlement or the option of a payment plan.
Furthermore they will be working with lenders to help you get better rates when you transfer money into your savings account. This in turn, will process to pay back creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve signed up with them, they’ll give you access to your information 24/7. All you have to do is login to CuraDebts the client portal to monitor your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include medical bills, personal loans credit cards, and loans. You can also approach them to pay off any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance with the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like 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 in order to get cash settlements, if they are possible. Some violations can also cause your debt to be also dismissed.
CuraDebt can also help you repay debt for less than the sum you have. You can also ask questions during their free consultation with their debt counsellor.
The best part about the program is that you’ll only have to pay for the charges once your debt is settled. All you need to sign up to one of their plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records, they will also collect all the necessary paperwork to file tax returns.
With this program, you should be able to deal with the various types of tax problems such as wage garnishments as well as tax penalties for personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you have to pay.
There are a variety of options in settling the tax debt. Here are six of them:
- 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?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt concentrates on unsecured debt. They can’t assist you if your debt 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 your past-due tax debts without any problems. Furthermore, this service is available across all 50 states, if you owe money towards the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances, you may even pay them less than the amount you owe.
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 have to pay.
Personal and payday loans are also eligible for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card, CuraDebt will assist you in paying it off.
What will it cost you?
The best part about CuraDebt is the way 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.
Also, they don’t have high-cost costs either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
In the average, this kind of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. This varies in relation to the amount you can save up per month.
They also claim you can save up to 30% if you include their charges into your calculation.
However, the claim may vary, depending on your specific situation. Some clients even mentioned saving 50 to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. Furthermore, they only charge a 20% fee while many companies charge 25%.
Then, if you’re done in the process of debt resolution, you may enroll in their credit restoration program.
It’s a fantastic option to rebuild your credit without having to go back into debt. However, the program runs in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also be looking into any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . If you’re trying to increase your rating on your credit, this could delay you from finishing your debt.
CureDebt does not have a mobile app available. While they do have a website for clients but it’s aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. Additionally, their 20% service fee is less expensive than the majority of firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account to see your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to track your performance.
But, they do have a competent support staff that you can contact them not only through emails but also by phone or sending an electronic ticket. Pension Tax Relief At Source
If the debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs that they provide are offered in your area.
FAQ Pension Tax Relief At Source
How long will it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program that can assist you with issues like delinquent tax and garnishments on wages.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.