Has your debt increased lately? Are you exhausted from trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because been through every thing.
In most cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many people have been inquiring whether they can help you or put you in more debt.
According to their clients, they can help you control the majority of your debts so that you can finally take a couple of things off your plate.
For some they believe these claims are too good to be true.
If you’re looking for anything that can assist you in paying off your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can solve for you.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before starting the review, check out this video instead for a more relaxing way to watch 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 the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief On Donations To Charity
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active part 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, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. But they offer other services that can assist you in becoming financially secure.
It all begins with requesting a free savings estimate online. The service is completely confidential and won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about your options towards debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt will be the one to answer all of your creditor’s calls. They will also be the ones who will negotiate conditions of the repayment in accordance with the state of your finances. Depending on which works best to you, this could be a lump-sum settlement or the option of a payment plan.
Furthermore they will also be working with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This, in turn, will process to pay back creditors. The plans they offer can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts Client Portal to track your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with 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 line of credit. They can also be approached to pay off any remaining balance on business debt, collections, or repossessions.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive support for most of your lawsuits, government loans, collateral, and utility bills. The same goes for 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 also help you find creditor violations in order to get cash settlements, if they are possible. Certain violations may lead to having your debts also dismissed.
CuraDebt lets you repay debt for less than the amount you have. You can also ask questions during their free consult with their debt counselor.
The best part about their plan is that you only pay the fees when your debt is paid off. 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 will also handle the tax liabilities you have. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you will be able to deal with the various types of tax problems like garnishments on wages, tax penalties, personal and corporate taxes, back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing, which depends on the amount that you’ll must settle.
There are a variety of options in paying off your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
Although debt settlement is their forte however, they do not offer all kinds in debt resolution. CuraDebt only focuses on unsecured debt. They can’t help you if the loan or debt is linked to an actual item.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Additionally, this service is offered to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some instances, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students in negotiating any loans they owe.
Personal and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you settle each of your debts.
Additionally, they do not charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
On average, this type of industry charges from 15% to 25%.
In addition, customers can expect to settle their debt from 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
Additionally, they claim that you can save as much as 30% when you factor in their fees in your equation.
However, the claim may differ based on your specific situation. Some customers even claimed to save 50% to up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done with the debt settlement program, you could also sign up for their credit repair program.
It’s an excellent method to improve your credit without going into debt again. However, the program lasts different for every person, depending on your situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also be looking into any violations by creditors with the help of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using the credit card you use. If you’re trying to increase your credit score, it could cause you to delay working on your obligations.
CureDebt does not have a mobile app available. Although they have a website for clients however, it appears old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on those types of services. Additionally, their 20% service cost is less expensive than the majority of firms that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
Although they’ll give you an account to see your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to look at your progression. Tax Relief On Donations To Charity
However, they have a good support team that you can contact them not just via email but also via phone or submitting an electronic ticket. Tax Relief On Donations To Charity
If credit card is a major issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the programs that they provide are offered in your area.
FAQ Tax Relief On Donations To Charity
How long will it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt provides tax relief programs that will help you with problems like delinquent taxes and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to pay down your debt over time.