Has your debt been piling up lately? Are you burnt out from trying different financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they are able to help or put you in more debt.
According to their clients they can assist you in managing 80% of your debt , so you can finally take a couple of things off your shoulders.
But for some people, these claims are just 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 take a deeper study of the way CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion we’ll look at its advantages and drawbacks.
Before starting the review, go to this video 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief For Disabled Veterans
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. But they offer other services that will aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost savings estimate online. It is a completely private service and won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your alternatives to debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement plan, CuraDebt is the one to handle all of your creditors’ calls. They will be the ones who negotiate what you will pay for your repayment based on the status of your finances. Based on what works best your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Additionally, they will work with creditors so that you can get better rates when you transfer money into your savings account. This, in turn, will be processed to pay 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 information 24/7. All you need to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills credit cards, and also loans. They can also be approached to settle any outstanding balance on business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. However, you will not receive support for most claims, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will 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 so that you can have cash settlements, should it be possible. Some violations can also lead to having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. You can also have questions answered during a free consult with their debt counselor.
The most appealing aspect of their plan is that you’ll only be charged once your debt is settled. All you have to sign up to some of their programs, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documents, they will also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to deal with the various types of tax problems such as garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs also. They only use flat-fee pricing that is based on the amount you’ll need to settle.
They offer different options when it comes to settling the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization however, they do not cater to all types in debt resolution. CuraDebt is only focused on unsecured debt. They aren’t able to help you if the debt or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off taxes that are due without any problems. Additionally, this service is offered across all 50 states, if you have a debt towards the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students in negotiating any student loans that they have to pay.
Personal and payday loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The best part about CuraDebt is the way they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
Also, they don’t charge high fees as well. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25%.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. But, it also differs depending on the amount that you are able to save each month.
They also claim that you can save up to 30% by incorporating their fees in your equation.
But this claim will also vary, depending on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you let’s explore the benefits from using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. Furthermore they only charge a 20% fee while most companies charge you 25 percent.
Then, if you’re done by the program for debt relief, you could join their credit restoration program.
It’s a fantastic option to rebuild the credit rating without going back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any creditor violations with the assistance of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with . If you’re trying to improve your standing on credit scores, you may set you back while you’re finishing your obligations.
CureDebt also doesn’t offer a mobile application. While they do have a website that clients can access however, it appears outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more for these types of services. Moreover, their 20% service cost is lower than many businesses that charge the 25% cost. There aren’t any upfront fees, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app, which could make it easier for you to look at your progress. Tax Relief For Disabled Veterans
But, they do have a good support team that you can contact them not only through emails but also via phone or making an electronic ticket. Tax Relief For Disabled Veterans
If your debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Tax Relief For Disabled Veterans
What is the time frame to finish the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt offers a program for tax relief that will assist you with issues such as late payroll tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to reduce your debt over time.