Are you experiencing debt that has been piling up lately? Are you tired of trying other financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can help you or help you get into more debt.
According to their customers, they can help you manage 80% of your debt so that you are able to take couple of things off your shoulders.
But for some people they believe these claims are too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can watch this video instead for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you go on, you may want to watch 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 On Charitable Donations Abroad
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. But they offer other services that can help you be more financially secure.
It all starts by requesting a no-cost online savings estimate. The service is completely confidential and won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about other options in your journey to debt-free.
This estimate of savings, as mentioned before, gives you the opportunity to consider your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt will be the agency to handle all of your creditors’ calls. They’ll be the ones who negotiate conditions of the payment in accordance with the state of your financial situation. Depending on which works best your situation, the payment can be a lump-sum settlement or an installment plan.
Moreover, they will be working with lenders to help you enjoy better rates when you transfer money into your savings account. This is then processed to pay back creditors. Their plans can help you get rid of debt in just two years.
Once you’ve signed up with them, they will give you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts the client portal to track your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards and also line of credit. You can also approach them to help settle any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors in order to get cash settlements, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. Additionally, you can ask questions during their free consult with their debt counselor.
The best part about the program is that you only have to pay for the charges after your debt has been settled. All you have to sign up to any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you should be able to deal with various tax issues like wage garnishments and tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options for paying off your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt is only focused on unsecured debt. They aren’t able to assist you if your loan or debt is linked to a physical item.
If you do have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to pay taxes that are due without difficulty. Additionally, this service is available to all 50 states in the event that you owe money to the IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also help resolve your medical debt. In certain cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students with negotiating the student loans they have to pay.
Payday loans and personal loans also qualify as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
They also don’t have high-cost charges either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
On average, this type of industry can charge anywhere from 15% to 25%.
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.
Additionally, they claim that you can save as much as 30% if you include their costs into your calculations.
But this claim will also vary, depending on the situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. Additionally they only charge a 20% fee while many companies charge 25%.
If you’re finished in the process of debt resolution you can join their credit repair program.
It’s a fantastic option to rebuild your credit score without having to go in debt again. However, the program lasts in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also investigate any creditor violations with the help of their own experts.
The drawbacks of the use of 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 your credit card. Therefore, if you’re trying increase your standing on credit scores, you may delay you from working on your obligations.
CureDebt does not offer a mobile application. While they do have a client website but it’s aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not credited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more for these types of services. Moreover their 20% service fee is lower than many businesses that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay the fee when 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 yet, which will make it easier to track your progress. Tax Relief On Charitable Donations Abroad
However, they have a competent support staff that you can contact them not only through emails but also by phone or making an electronic ticket. Tax Relief On Charitable Donations Abroad
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they provide are in your area.
FAQ Tax Relief On Charitable Donations Abroad
How long does it take to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What should I do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to reduce the amount of debt you have over time.