Has your debt been piling up lately? Are you exhausted from trying other financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is among the most asked companies. Many people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you control 80% of your debts so that you can take few things off of your plate.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of how CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion we’ll look at its advantages and drawbacks.
Before starting the review, check out this video instead if you 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 overview. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief Program For Disable Vetrans
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been 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, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. However, they also offer other services that will help you be more financially secure.
First of all, it starts by requesting a no-cost savings estimate online. This service is very confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about your other options in your journey towards debt-free.
Savings estimates, as we’ve 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 assist you with credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt is the company to answer all of your creditors’ calls. They’ll be the ones who will determine the terms of your payment based on the status of your finances. In determining which option is the most effectively to you, this could be a lump-sum settlement or the option of a payment plan.
Furthermore, they will be working with creditors to ensure that you get better rates when you transfer money into your savings account, which is then processed to pay creditors. Their programs can assist you to get rid of debt in just 48 months.
After you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts Client Portal so that you can monitor your development.
Before you can benefit from their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are some of the ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. This includes medical bills, personal loans credit cards and loans. They are also able to settle any outstanding balance of business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. But, you won’t receive assistance for the majority cases, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, should it be possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. Additionally, you can ask questions during their free consult with their debt counselor.
The most appealing aspect of their plan is that you only be charged when your debt is paid off. All you need to sign up to some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to deal with various tax issues like garnishments on wages and tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices that is based on the amount that you’ll must settle.
They have different solutions when it comes to settling taxes. Here are six of them:
- 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?
While debt settlement is their forte however, they do not offer all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if your loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without difficulty. Additionally, this service is available to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students negotiate any student loans that they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards CuraDebt will help you pay it off.
How much will it cost?
The best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. 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 up to 20% of the debt you settled with them.
In general, this type of industry charges from 15% to 25 percent.
Additionally, customers can anticipate to settle their debt from two to four years. But, it also differs in relation to the amount you can save up per month.
Additionally, they claim that you can save up to 30% if you include their fees in your equation.
However, the claim may differ based on the situation. Some customers have even talked about saving 50 to 80percent.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. In addition, they only charge an amount of 20%, while most companies charge you 25%.
Then, if you’re done in the process of debt resolution, you can also sign up for their credit restoration program.
It’s a great way to restore your credit without having to go into debt again. The program is however designed differently for each person according to your personal situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also investigate any violations of creditor with the assistance of their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with . If you’re trying to improve your standing on credit scores, you might cause you to delay finishing your debt.
CureDebt does not have a mobile app. While they do have a website that clients can access however, it appears old and mundane. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Additionally their 20% service fee is lower than many companies that offer an additional 25% charge. There is no upfront payment and you’ll 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 user-friendly. CuraDebt does not have an app yet, which could make it easier for you to track your progression.
But, they do have a competent support staff and can be reached them not only through emails but also by phone or making an electronic ticket. Tax Relief Program For Disable Vetrans
If problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Tax Relief Program For Disable Vetrans
What is the time frame to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that can assist you with issues like delinquent tax issues and wage garnishments.
What should I do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to reduce your debt over time.