Are you experiencing debt that has increased lately? Are you tired of trying other financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many people have been inquiring whether they can assist you or put you into more debt.
According to their clients they can help you manage 80% of your debt , so you can take couple of things off your shoulders.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, you can watch 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 check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company R And D Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most popular feature. But they offer other services that will assist you in becoming financially stable.
First of all, it begins by requesting a free savings estimate online. The service is completely confidential and won’t be doing a credit check. With this estimate of savings you’ll be able to learn more about the other options in your journey to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with 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 team of support to assist you in navigating credit arbitration if you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following the debt settlement program, CuraDebt is the agency to handle all of your creditor’s calls. They will be the ones who negotiate what you will pay for your repayment depending on the condition of your financial situation. Depending on which works most effectively for you, it could be either a lump sum settlement or the option of a payment plan.
Additionally they will also be working with creditors so that you can get better rates when you transfer money into your savings account. This in turn, will process to pay the creditors. Their plans can help you pay off the debt in two years.
After you’ve signed up with them, they will provide you with access to your data 24/7. All you need to do is log in to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include medical bills, personal loans credit cards as well as line of credit. They can also be approached to help settle any remaining balance of business debt, 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 or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you have. They also allow you to inquire about your debt during their no-cost meeting with their debt counsellor.
The most appealing aspect of their plan is that you’ll only pay the fees once your debt is settled. All you need to sign up to one of their plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial documentation They will also gather all the paperwork you’ll need for tax returns.
By using this program, you should be able to deal with various tax issues like garnishments on wages as well as tax penalties for personal and taxation for business, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you’ll need to settle.
They have different solutions for the settlement of 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 types of debt can they assist you with?
While debt settlement is their forte, they don’t cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They aren’t able to help you if your credit or loan is tied to an actual item.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off taxes that are due without difficulty. Moreover, this type of service is available to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students with negotiating any student loans that they are owed.
Payday loans and personal loans also qualify as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
Additionally, they don’t charge high charges either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
In general, this type of industry can charge anywhere between 15 and 25 percentage.
In addition, customers can expect to settle their debt from 2 to 4 years. This varies in relation to the amount you are able to save each month.
Also, they claim that you can save as much as 30% by incorporating their charges into your calculation.
However, the claim may vary, depending on the situation. Some customers even claimed to save between 50% and 80percent.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
If you’re finished with the debt settlement program, you can join their credit restoration program.
It’s a great way to restore your credit score without going back into debt. However, the program runs different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also investigate any creditor violations with the help of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with the credit card you use. So if you’re trying to increase your rating on your credit, this may cause you to delay getting rid of your obligations.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access but it’s old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not credited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more for these types of services. In addition their 20% service cost is cheaper than most firms that charge the 25% cost. There are no upfront payments, and you will only have to pay when the debt is settled.
Although they’ll give you an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt does not have an app, which would make it easier to monitor your progress. R And D Tax Relief
But, they do have a good support team and can be reached them not only through emails but by phone or by sending an e-ticket. R And D Tax Relief
If the debt is a big problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services that they provide are offered in your area.
FAQ R And D Tax Relief
How long does it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt has a tax relief program that will help you with problems such as late payroll tax issues and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to reduce your debt over time.