Has your debt been piling up lately? Are you tired of trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In most cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they are able to help or help you get into more debt.
According to their clients they can help you manage 80% of your debts so that you can finally take a couple of things off your mind.
But for some people they believe these claims are too good to be true.
If you’re looking for any solution that could help you resolve your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion, we’ll also look into 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 continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief On Vhi
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. They also provide other services that can aid you in becoming more financially secure.
It all begins with requesting a free savings estimate online. This service is very confidential and won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about alternatives to be debt-free.
Savings estimates, as we’ve mentioned before, gives you an insight into your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement program, CuraDebt will be the agency to answer all of your creditors’ calls. They will also be the ones that negotiate conditions of the settlement depending on the condition of your financial situation. In determining which option is the most effectively for you, it could be either a lump sum settlement or a payment plan.
Moreover, they will be working with the creditors to ensure that you enjoy better rates when you deposit money to your savings account. This in turn, will process to pay the creditors. The plans they offer can help you settle the debt within 48 months.
Once you’ve signed up with them, they’ll give you access to your information 24/7. All you have to do is log in to CuraDebts’ client portal to track your development.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with personal loans, medical bills, credit cards and also lines of credit. They are also able to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get assistance for the majority cases, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like those of 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 so that you can have cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can have questions answered during a free consultation with their debt counselor.
The most appealing aspect of the program is that you will only have to pay for the charges when your debt is paid off. All you need to do is sign up with any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents They will also gather all the paperwork you’ll need for tax returns.
With this program, you will be able to resolve various tax issues such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing that is based on the amount you have to pay.
They offer different options when it comes to the settlement of 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 types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty however, they do not cater to all types of settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if the loan or debt is linked to an actual item.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any issues. Additionally, this service is available to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt will also help you resolve your medical debt. In certain cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students negotiate any student loans that they owe.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines that you got from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
They also don’t charge high charges either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
In general, this type of industry charges between 15 and 25 percent.
Moreover, clients can expect to settle their debts within between 2 and 4 years. But, it also differs according to the amount you are able to save each month.
Additionally, they claim that you can save as much as 30% when you factor in their charges into your calculation.
However, the claim may depend on the situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
Then, if you’re done in the process of debt resolution you could also sign up for their credit repair program.
It’s a great method to improve the credit rating without having to go into debt again. However, the program runs in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any creditor violations using their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using your credit card. Therefore, if you’re trying build a better credit score, it could set you back while you’re working on your debt.
CureDebt also doesn’t offer a mobile application. While they do have a website that clients can access but it’s old and mundane. It’s not very intuitive, and it can be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you settle your debt without spending more on those types of services. In addition, their 20% service fee is cheaper than most companies that offer a 25% fee. There is no upfront payment, and you will only have to pay the fee when your debt is finally settled.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app yet, which will make it easier to track your performance. Tax Relief On Vhi
But, they do have a good support team and can be reached them, not only via emails but also by phone or sending an e-ticket. Tax Relief On Vhi
If the credit card is a major problem, then we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the programs they provide are in your state.
FAQ Tax Relief On Vhi
What is the time frame to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to help you with problems such as late payroll tax and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down your debt over time.