Have your debts increased lately? Are you tired of trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because been through every thing.
In most cases, the best option is to speak with 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 put you in more debt.
According to their clients, they can help you manage the majority of your debt so that you are able to take few things off of your mind.
However, for certain people the claims seem too good to be true.
You might be looking for anything that can aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before you begin the review, you can check out this video instead if you prefer watching it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Student Loan Debt Relief Tax
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most popular feature. They also provide 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 won’t be doing a credit check. With this savings estimate you’ll be able to learn more about the options to be debt-free.
Savings estimates, as mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration if you decide to sign up. Financial advisors may be able to assist you with your debt-free journey.
Following your debt settlement plan, CuraDebt is the one to answer all of your creditor’s calls. They’ll be the ones who negotiate the terms of your payment depending on the condition of your financial situation. In determining which option is the most effectively for you, it can either be a lump sum settlement or an installment plan.
Furthermore they will also work with creditors to ensure that you have better rates as you deposit money to your savings account. This, in turn, will be processed to pay creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is sign in to CuraDebts the client portal to monitor your progress.
Before you can avail of their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can aid you.
As their name suggests, 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 line of credit. They are also able to help settle any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you won’t get assistance for the majority cases, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation in order to get cash settlements, if they are possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The most appealing aspect of their program is that you only have to pay for the charges after your debt has been settled. All you need to sign up for one of their plans and you’ll be able pay off all 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 gather all the documents you’ll require for tax returns.
With this program, you’ll be able to resolve different types of taxes such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing and is dependent on the amount that you’ll must settle.
There are a variety of options when it comes to settling taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their specialty but they aren’t able to cater to all types of debt settlement. CuraDebt concentrates on unsecured debt. They won’t be able to assist you if your loan or debt is linked to an actual item.
If, however, you are in the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off taxes that are due without difficulty. Additionally, this service is available across all 50 states, if you owe money in arrears to IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt can also assist in settling any medical-related debt. In certain cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students in negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail the program if you have other unsecure 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 and private-label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
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.
Also, they don’t have high-cost fees as well. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
On average, this type of industry charges between 15% and 25 percent.
Moreover, clients can expect to settle their debts within between 2 and 4 years. But, it also differs in relation to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% if you include their charges into your calculation.
However, this statement will depend on your situation. Some customers have even talked about saving between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore they charge only an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution you can enroll in their credit restoration program.
It’s an excellent option to rebuild the credit rating without having to go back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also look into any creditor violations with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with your credit card. Therefore, if you’re trying build a better rating on your credit, this may delay you from getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app. Although they have a website that clients can access however, it appears aged and simple. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not credited with the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more on those types of services. Moreover their 20% service fee is less expensive than the majority of businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account so that you can track your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that will make it easier to monitor your progression.
They do have a good support team and can be reached them not just via email but by phone or by sending an electronic ticket. Student Loan Debt Relief Tax
If the problem of debt is an problem right now, we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services they provide are in your state.
FAQ Student Loan Debt Relief Tax
How long does it take to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax issues and wage garnishments.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.