Has your debt been increasing lately? Are you exhausted from trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In the majority of 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 are able to help or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debt , so you are able to take couple of things off your plate.
For some, these claims are just too good to be true.
If you’re looking for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it could help solve.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before you begin the review, go to this video in case you would prefer for it to be watched.
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. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief On The Repatriation Of Corporate Foreign Cash Holdings
CuraDebt is a debt relief company from Hollywood, Florida. It was established 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, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. However, they also offer additional services to help you be more financially stable.
First of all, it begins with requesting a free savings estimate online. The service is completely confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about your other options in your journey to be debt-free.
This estimate of savings, as mentioned earlier, provides you with an insight into your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration if you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the company to handle all of your creditor’s calls. They will also be the ones that will determine what you will pay for your repayment in accordance with the state of your financial situation. In determining which option is the most effectively to you, this can either be a lump sum settlement or an installment plan.
Furthermore they will also work with lenders to help you have better rates as you make deposits to your savings account. This, in turn, will be processed to pay creditors. Their programs can assist you to pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is login to CuraDebts Client Portal to monitor your development.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable 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 with your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans credit cards, as well as lines of credit. They can also be approached to help settle any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like those of 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 could lead to having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt counsellor.
The best part about the program is that you’ll only be charged when your debt is paid off. All you need to sign up for some of their programs, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents They will also gather all the documents you’ll require for tax returns.
With this program, you’ll be able to solve the various types of tax problems such as wage garnishments and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices that is based on the amount you have to pay.
They have different solutions for settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialization however, they do not provide all kinds of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if your credit or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any problems. Moreover, this type of service is available across all 50 states, if you have a debt towards the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some cases you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students negotiate any loans they are owed.
Personal and payday loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they do not charge high fees as well. On average, you’ll be required to pay as much as 20% of the debt you settled with them.
On average, this type of industry charges between 15 and 25 percent.
Moreover, clients can expect to settle their debt from 2 to 4 years. However, this also varies according to the amount you save per month.
They also claim that you could save as much as 30% if you include their charges into your calculation.
But this claim will also depend on your situation. Some customers even claimed to save between 50% and 80percent.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Furthermore they only charge a 20% fee while many companies charge 25 percent.
If you’re finished by the program for debt relief, you could also sign up for their credit repair program.
It’s a fantastic way to restore your credit without going back into debt. The program is however designed different for every person, depending on your situation.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also investigate any violations by creditors with the assistance of their experts in-house.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using . If you’re trying to build a better standing on credit scores, you could cause you to delay working on your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a website for clients 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 their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more for these types of services. Additionally their 20% service fee is cheaper than most businesses that charge an additional 25% charge. There aren’t any upfront fees and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account to see your progress, their website is not simple to navigate. CuraDebt isn’t even an app yet, which could make it easier for you to monitor your progression.
But, they do have a good support team that you can contact them not only through emails but by phone or by making an electronic ticket. Tax Relief On The Repatriation Of Corporate Foreign Cash Holdings
If the credit card is a major issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs that they provide are offered in your state.
FAQ Tax Relief On The Repatriation Of Corporate Foreign Cash Holdings
What is the time frame to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to reduce your debt over time.