Are you experiencing debt that has been piling up lately? Are you burnt out from trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is among the most asked companies. A lot of people are asking if they are able to help or put you into more debt.
According to their customers, they can help you control 80% of your debt so that you are able to take couple of w
orries off your mind.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt is used and the problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before starting the review, watch this video instead if you prefer watching 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 review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Salary Sacrifice Pension Tax Relief Calculator
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best known feature. They also provide other services that will help you be more financially secure.
It all begins by requesting a free savings estimate online. This service is very confidential and they will not conduct a credit inquiry. By using this estimate of savings, you will be able to learn more about the options to be debt-free.
The savings estimate, which was mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program, CuraDebt can be the company to answer all of your creditors’ calls. They will also be the ones that determine conditions of the settlement based on the status of your finances. Depending on which works best your situation, the payment can be either a lump sum settlement or an installment plan.
Additionally they will also be working with creditors to ensure that you get better rates when you transfer money into your savings account. This in turn, will process to pay creditors. The plans they offer can help you settle the debt within the period of 48 months.
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’ client portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for most types of debt. These include medical bills, personal loans credit cards and line of credit. They are also able to help settle any remaining balance of business debt, collections, or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you will not receive support for most cases, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you have. They also allow you to ask questions during their free meeting with their debt counselor.
The most appealing aspect of their program is that you’ll only pay the fees after your debt has been settled. All you have to do is sign up with 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 documents you’ll require for tax returns.
Through this program, you’ll be able to solve different types of taxes such as wage garnishments and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you have to pay.
They offer different options when it comes to paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their forte however, they do not cater to all types of debt settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if your loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without any problems. Additionally, this service is offered across all 50 states, if you owe money towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve your medical debt. In some cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any loans they are owed.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
Also, they don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25%.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. This varies in relation to the amount you save per month.
Also, they claim that you can save up to 30% if you include their charges into your calculation.
However, the claim may depend on your situation. Some customers have even talked about saving 50 to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while most companies charge you 25 percent.
If you’re finished by the program for debt relief, you could also sign up for their credit repair program.
It’s a fantastic method to improve your credit score without having to go into debt again. However, the program lasts in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also investigate any creditor violations with the help of their experts in-house.
Some disadvantages to the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with the credit card you use. Therefore, if you’re trying build a better standing on credit scores, you might set you back while you’re finishing your debt.
CureDebt does not have a mobile app available. While they have a website that clients can access, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are 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. In addition the 20% service fee is cheaper than most companies that offer an additional 25% charge. There are no upfront payments, and you will only have to pay the fee when the debt is settled.
While they’ll provide you with an account that allows you to track your progress, their website is not easy to navigate. CuraDebt isn’t even an app that would make it easier to look at your progress.
They do have a good support team that you can contact them, not only via emails but also via phone or submitting an e-ticket. Salary Sacrifice Pension Tax Relief Calculator
If your debt is a big problem right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Salary Sacrifice Pension Tax Relief Calculator
How long will it take to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt has a tax relief program that can help you with problems such as late payroll taxes and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.