Has your debt increased lately? Are you tired of trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, your most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they can help you or help you get into more debt.
According to their customers, they can help you manage the majority of your debt so that you are able to take couple of w
orries off your mind.
For some they believe these claims are too good to be true.
You might be looking for any solution that could assist you in paying off your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
Before beginning the review, 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. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Should I Claim Foreign Tax Credit Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. They also provide additional services to aid you in becoming more financially stable.
The process begins by requesting a free savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. With this savings estimate, you will be able to learn more about the options to debt-free.
The savings estimate, which was mentioned previously, offers you an idea of your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Some financial advisors can help you with your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the company to take care of all your creditor’s calls. They’ll also be the ones that determine what you will pay for your settlement based on the status of your finances. Depending on which works best to you, this could either be a lump sum settlement or a payment plan.
Additionally, they will be working with creditors to ensure that you enjoy better rates when you deposit money to your savings account, which in turn, will process to pay creditors. Their plans can help you pay off the debt in two years.
After you’ve signed up with them, they will allow you access to your data 24/7. All you have to do is sign in to CuraDebts the client portal to track your development.
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CuraDebt’s Requirements
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to be:
- 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.
Debt Relief
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle all kinds of debt. They can help with medical bills, personal loans, credit cards and loans. You can also approach them to settle any outstanding balance of business debt and collections or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you in navigating laws such as 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, if possible. Certain violations may lead to having your debts also dismissed.
CuraDebt lets you settle debt with less than the sum you have. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The best part about their plan is that you only pay the fees after your debt has been settled. All you have to sign up to any of the plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents, they will also collect all the documents you’ll require to file tax returns.
Through this program, you should be able to resolve different types of taxes like garnishments on wages as well as tax penalties for personal and corporate taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you’ll need to settle.
There are a variety of options for paying off the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
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What kind of debt can they help you with?
While debt settlement is their specialty however, they do not cater to all types of settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if your credit or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they’ll arrange settlements for you.
Tax Debt
With CuraDebt it is expected that you will be able pay off taxes that are due without any problems. Moreover, this type of service is accessible across all 50 states, if you owe money to the IRS. They have federal tax experts to assist you with the issues.
Medical Debt
CuraDebt can also help resolve the medical bills. In certain cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students in negotiating any loans they owe.
Personal Loan
Personal and payday loans also qualify to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt can 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 don’t charge upfront fees. Only pay when you’ve paid each of your outstanding debts.
They also do not charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of industry can charge anywhere between 15 and 25 percent.
Additionally, customers can anticipate to pay off their debts in two to four years. But, it also differs according to the amount you save per month.
Also, they claim that you could save up to 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on your specific situation. Some customers have even talked about saving 50 to 80percent.
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The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas the majority of companies charge 25%.
If you’re finished by the program for debt relief you may join their credit restoration program.
It’s an excellent method to improve your credit score without going in debt again. The program is however designed different for every person according to your personal situation.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations by creditors with the assistance of their experts in-house.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with . If you’re trying to build a better credit score, it might cause you to delay working on your obligations.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients but it’s outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more for these types of services. Additionally the 20% service cost is cheaper than most businesses that charge a 25% fee. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which will make it easier to look at your progress.
However, they have a competent support staff, and you can reach them, not only via emails but also via phone or sending an electronic ticket. Should I Claim Foreign Tax Credit Relief
If your credit card is a major issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services that they provide are offered in your state.
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FAQ Should I Claim Foreign Tax Credit Relief
What is the time frame to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs to assist you with issues such as delinquent payroll tax issues and garnishments of wages.
What should I do after joining the program?
You’ll be required to communicate with the team and pay the required payments to lower your debt over time.