Has your debt been piling up lately? Are you exhausted from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In most cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can help you or put you in more debt.
According to their clients they can help you control the majority of your debt so that you can take couple of things off your shoulders.
For some, these claims are just too good to be true.
If you’re looking for any solution that could aid you in settling your debt. If that’s the case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, go to this video for a more relaxing way to watch 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 overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Sipp Tax Relief Hmrc
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and is 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 pay off your debt is CuraDebt’s most well-known feature. But they offer other services that will help you be more financially stable.
The process starts by requesting a no-cost savings estimate on the internet. This service is very confidential, and they won’t be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the other options in your journey to be debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an idea of your choices, 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 the process of credit arbitration should you choose to join. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt is the company to take care of all the calls from your creditors. They’ll also be the ones who determine what you will pay for your settlement based on the status of your financial situation. Based on what works most effectively your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Furthermore they will be working with creditors so that you can have better rates as you transfer money into your savings account. This, in turn, will be processed to pay off creditors. Their plans can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you have to do is sign in to CuraDebts Client Portal to monitor your development.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards, and also lines of credit. You can also approach them to settle any outstanding balance on business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive assistance for the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations in order to get cash settlements, if possible. Some violations can also lead to having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. You can also have questions answered during a free meeting with their debt counsellor.
The most appealing aspect of their program is that you only have to pay for the charges when your debt is paid off. All you need to sign up for any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
By using this program, you will be able to resolve different types of taxes such as wage garnishments and tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges also. They use only flat-fee pricing that is based on the amount that you’ll have to pay.
They offer different options when it comes to settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
Although debt settlement is their specialization however, they do not cater to all types in debt resolution. CuraDebt concentrates on loans that are not secured. They won’t be able to help you if your debt or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any problems. Furthermore, this service is available across all 50 states, if you owe money towards the IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve your medical debt. In certain cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any loans they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you got from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The greatest thing 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 debts.
They also don’t have high-cost costs either. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15 and 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs in relation to the amount you can save up per month.
They also claim that you could save as much as 30% if you include their costs into your calculations.
But this claim will also differ based on your specific situation. Some customers have even talked about saving 50% to up to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. In addition, they only charge 20% of the cost, whereas the majority of companies charge 25%.
Next, if you’re done with the debt settlement program, you may join their credit repair program.
It’s a fantastic way to restore your credit score without having to go in debt again. The program is however designed different for every person, depending on your situation.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also be looking into any violations of creditor using their in-house experts.
The drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with . So if you’re trying to improve your credit score, it might cause you to delay working on your credit card debt.
CureDebt doesn’t even have a mobile app available. While they have a website that clients can access but it’s outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more for these types of services. Additionally, their 20% service cost is less expensive than the majority of companies that offer the 25% cost. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which would make it easier to look at your progress.
However, they have a good support team and can be reached them, not only via emails but also by phone or making an electronic ticket. Sipp Tax Relief Hmrc
If debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Sipp Tax Relief Hmrc
What is the time frame to complete the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief that will help you with problems like delinquent taxes and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to reduce the amount of debt you have over time.