Are you experiencing debt that has been increasing lately? Are you tired of trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In most cases, the best option is to speak with experts who can assist to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they can assist you or help you get into more debt.
According to their clients, they can assist you in managing 80% of your debt so that you can take couple of worries off your mind.
For some the claims seem too good to be true.
If you’re looking for something that will aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before starting the review, you can 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 overview. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Expenses Of Employment
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most known feature. However, they also offer other services that will aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost online savings estimate. This service is very confidential and won’t be doing a credit check. With this savings estimate, you will learn more about your options to debt-free.
This estimate of savings, as mentioned before, gives you an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help 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.
Following the debt settlement program, CuraDebt can be the agency to take care of all the calls from your creditors. They’ll also be the ones that will determine conditions of the settlement in accordance with the state of your financial situation. Depending on which works most effectively to you, this could either be a lump sum settlement or an installment plan.
Furthermore, they will be working with lenders to help you have better rates as you transfer money into your savings account, which in turn, will be processed to pay back the creditors. The plans they offer can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts Client Portal so that you can monitor your performance.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can 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 also loans. They can also be approached to settle any outstanding amount on business debts and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you won’t get assistance for the majority claims, government loans as well as 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 the violations of creditors so that you can have cash settlements, should it be possible. Certain violations may cause your debt to be removed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their plan is that you will only be charged when your debt is paid off. All you have to sign up to any of the plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you should be able to deal with different types of taxes like garnishments on wages, tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you have to pay.
They offer different 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 can they help you with?
Although they specialize in debt settlement, it is not their specialization however, they do not cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They can’t help you if the credit or loan is tied to an actual item.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any issues. Moreover, this type of service is accessible to all 50 states if you have a debt towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students with negotiating the student loans they have to pay.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
The best part about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you settle each of your debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll be required to pay up to 20 percent of the debt you settled through them.
On average, this type of industry charges from 15% to 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you are able to save each month.
They also claim that you could save up to 30% if you include their fees in your equation.
However, this statement will vary, depending on your specific situation. Some clients even mentioned saving 50 to 80percent.
Advantages to using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25 percent.
If you’re finished by the program for debt relief, you can enroll in their credit repair program.
It’s an excellent method to improve your credit score without having to go back into debt. However, the program runs in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means your debt won’t increase over time. They’ll also look into any violations of creditor using their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with . Therefore, if you’re trying increase your standing on credit scores, you could delay you from working on your debt.
CureDebt doesn’t even have a mobile app. While they do have a website for clients but it’s outdated and basic. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not accredited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more for these types of services. In addition the 20% service fee is lower than many firms that charge a 25% fee. There aren’t any upfront fees, and you will only have to pay the fee when the debt is settled.
While they’ll provide you with an account so that you can track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app that could make it easier for you to monitor your progression. Tax Relief For Expenses Of Employment
They do have a great support team and can be reached them not only through emails but also via phone or sending an e-ticket. Tax Relief For Expenses Of Employment
If the credit card is a major problem, then we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services that they provide are offered in your area.
FAQ Tax Relief For Expenses Of Employment
How long will it take to finish the program?
The program typically takes between 24 and 48 months depending on the amount of your debt and the stipulated settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt provides tax relief programs to help you with problems like delinquent tax and garnishments of wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.