Has your debt been piling up lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, your best way is to approach experts who can assist you settle this issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can assist you or put you into more debt.
According to their clients they can help you control the majority of your debt , so you can take couple of w
orries off your mind.
For some the claims seem too good to be true.
You might be looking for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at how CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, you can check out this video instead in case you would 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. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief From Claiming Dependents
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most popular feature. However, they also offer additional services to help you be more financially secure.
The process begins with requesting a free online savings estimate. This service is very confidential and won’t be conducting a credit screening. By using this estimate of savings, you will learn more about your alternatives towards debt-free.
The savings estimate, as mentioned previously, offers you an insight into 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 assist you in navigating credit arbitration in the event that you decide to enroll. Some financial advisors can help you with your debt-free journey.
After your debt settlement program, CuraDebt is the company to take care of all your creditors’ calls. They’ll also be the ones that will determine what you will pay for your settlement depending on the condition of your finances. Depending on which works best to you, this could be a lump-sum settlement or a payment plan.
Furthermore they will also be working with the creditors so that you can get better rates when you transfer money into your savings account. This, in turn, will process to pay creditors. Their plans can help you pay off the debt in 48 months.
Once you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is log in to CuraDebts Client Portal to monitor your progress.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans credit cards and loans. They are also able to settle any outstanding amount on business debts and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get assistance with the majority claims, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations may result in having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you have. You can also have questions answered during a free consultation with their debt counselor.
The greatest benefit of their program is that you will only have to pay for the charges after your debt has been settled. All you have to do is sign up with any of the plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial documents They will also gather all the documents you’ll require for tax returns.
Through this program, you should be able to deal with different types of taxes like garnishments on wages and tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They use only flat-fee pricing, which depends on the amount that you’ll have to pay.
There are a variety of options when it comes to settling taxes. Here are 6 of them:
- 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 they specialize in debt settlement, it is not their forte however, they do not offer all kinds in debt resolution. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if the credit or loan is tied to an item that is physical.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to pay taxes that are due without any problems. Furthermore, this service is offered to all 50 states if you owe money towards the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In some instances you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate the student loans they owe.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from another 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 can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
They also do not charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25%.
Moreover, clients can expect to settle their debt from two to four years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you could save up to 30% when you factor in their costs into your calculations.
However, the claim may vary, depending on your specific situation. Some customers have even talked about saving 50% to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Additionally they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution you could also sign up for their credit restoration program.
It’s a great option to rebuild your credit without having to go into debt again. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any violations of creditor using their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with your credit card. Therefore, if you’re trying build a better rating on your credit, this could delay you from working on your debt.
CureDebt does not have a mobile app available. Although they have a website that clients can access but it’s aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more for these types of services. In addition their 20% service fee is less expensive than the majority of firms that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to monitor your progression.
They do have a great support team that you can contact them not only through emails but by phone or by sending an electronic ticket. Tax Relief From Claiming Dependents
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they provide are in your state.
FAQ Tax Relief From Claiming Dependents
How long does it take to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt has a tax relief program that can aid you in dealing with problems like delinquent taxes and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce the amount of debt you have over time.