Are you experiencing debt that has increased lately? Are you tired of trying other financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is among the most asked companies. Many customers have asked if they can assist you or help you get into more debt.
According to their customers, they can help you manage 80% of your debt , so you can finally take a couple of things off your plate.
But for some people, these claims are just too good to be true.
You might be looking for anything that can help you resolve your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper review of the way CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief On Gifting Shares To Charity
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. However, they also offer other services that can aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost online savings estimate. The service is completely confidential and they will not be doing a credit check. By using this estimate of savings, you will learn more about your other options in your journey towards debt-free.
This estimate of savings, as mentioned earlier, provides you with an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with credit arbitration if you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement program, CuraDebt can be the company to handle all of the calls from your creditors. They’ll also be the ones that determine the terms of your payment based on the status of your finances. In determining which option is the best for you, it can either be a lump sum settlement or the option of a payment plan.
Furthermore, they will work with creditors so that you can enjoy better rates when you deposit money to your savings account. This in turn, will be processed to pay off the creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they will give you access to your account information 24 hours a day. All you need to do is log in to CuraDebts the client portal so that you can monitor your performance.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for most types of debt. This includes medical bills, personal loans credit cards, and lines of credit. They can also be approached to help settle any remaining amount on business debts, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get assistance with the majority claims, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as 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 so that you can have cash settlements, if they are possible. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The best part about the program is that you will only pay the fees after your debt has been settled. All you have to do is sign up with some of their programs, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial records They will also gather all the necessary paperwork for tax returns.
With this program, you should be able to solve various tax issues like wage garnishments and tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs also. They only use flat-fee pricing, which depends on the amount that you’ll have to pay.
They offer different options when it comes to 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 help you with?
While debt settlement is their specialization, they don’t offer all kinds of settlement. CuraDebt is only focused on loans that are 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 types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle taxes that are due without any issues. Moreover, this type of service is available to all 50 states if you owe money in arrears to 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 could even settle them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students in negotiating any loans they owe.
Personal and payday loans also qualify for the debt settlement program. You may also be eligible if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
They also do not charge high fees as well. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry can charge anywhere between 15% and 25 percentage.
Moreover, clients can expect to settle their debts within two to four years. But, it also differs according to the amount you can save up per month.
Also, they claim you can save up to 30% when you factor in their fees in your equation.
But this claim will also depend on your specific situation. Some customers have even talked about saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. In addition they only charge a 20% fee while most companies charge you 25 percent.
If you’re finished by the program for debt relief, you could also sign up for their credit repair program.
It’s an excellent method to improve your credit without having to go back into debt. However, the program lasts differently for each person, depending on your situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any violations by creditors with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with your credit card. If you’re trying to build a better credit score, it might delay you from getting rid of your obligations.
CureDebt doesn’t even have a mobile app. While they do have a website for clients however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more for these types of services. Moreover their 20% service cost is cheaper than most businesses that charge the 25% cost. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app that will make it easier to monitor your progression.
But, they do have a great support team that you can contact them, not only via emails but also via phone or submitting an e-ticket. Tax Relief On Gifting Shares To Charity
If the debt is a big problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs they provide are in your state.
FAQ Tax Relief On Gifting Shares To Charity
How long will it take to finish the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt offers a program for tax relief that can assist you with issues like delinquent tax issues and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down the amount of debt you have over time.