Have your debts been increasing lately? Are you burnt out from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already tried every thing.
In most cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can help you or put you in more debt.
According to their clients they can assist you in managing 80% of your debts so that you are able to take few things off of your shoulders.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In this case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at how CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before starting the review, go to this video if you prefer for it to be watched.
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. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief From Capital Gains For Seniors
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active 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 can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. But they offer additional services to aid you in becoming more financially secure.
It all begins by requesting a free online savings estimate. It is a completely private service, and they won’t be doing a credit check. By using this estimate of savings, you will discover more about other options in your journey to be debt-free.
Savings estimates, as mentioned before, gives you the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the company to answer all of the calls from your creditors. They will be the ones who will negotiate conditions of the repayment depending on the condition of your financial situation. In determining which option is the best your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Furthermore they will be working with the creditors so that you can enjoy better rates when you deposit money to your savings account. This, in turn, will process to pay creditors. Their programs can assist you to pay off the debt in two years.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your development.
Before you are able to avail the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
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 behalf of you for the majority of types of debt. These include personal loans, medical bills credit cards and also lines of credit. They are also able to pay off any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you won’t get assistance with the majority of your lawsuits, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll 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 debtors who are in violation in order to get cash settlements, if possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you have. They also allow you to ask questions during their free consult with their debt counselor.
The most appealing aspect of the program is that you only pay the fees after your debt has been settled. All you need to sign up for some of their programs and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial records, they will also collect all the paperwork you’ll need to file tax returns.
With this program, you will be able to solve different types of taxes like wage garnishments and tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices and is dependent on the amount you need to settle.
They offer different options for paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although debt settlement is their specialty however, they do not cater to all types of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t assist you if your loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off taxes that are due without any problems. Furthermore, this service is offered to all 50 states if you have a debt to the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling your medical debt. In some cases you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students in negotiating any loans they are owed.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
They also don’t have high-cost charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of industry can charge anywhere between 15% and 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. But, it also differs depending on the amount that you save per month.
Additionally, they claim that you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on the situation. Some clients even mentioned saving between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas the majority of companies charge 25%.
Next, if you’re done by the program for debt relief you could join their credit repair program.
It’s an excellent method to improve your credit without going in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to help with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also look into any creditor violations using their experts in-house.
Drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using the credit card you use. So if you’re trying to increase your standing on credit scores, you might set you back while you’re working on your obligations.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients but it’s aged and simple. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more for these types of services. In addition the 20% service charge is less expensive than the majority of businesses that charge an additional 25% charge. There is no upfront payment, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account to see your progress, their website is not user-friendly. CuraDebt does not have an app, which would make it easier to monitor your progress.
However, they have a good support team and can be reached them not only through emails but also by phone or making an e-ticket. Tax Relief From Capital Gains For Seniors
If your problem of debt is an problem, then we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services that they provide are offered in your state.
FAQ Tax Relief From Capital Gains For Seniors
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program that can help you with problems such as late payroll tax issues and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to lower your debt over time.