Has your debt been increasing lately? Are you exhausted from trying other financial advice and tips but haven’t solved your problems?
Maybe you’re here because been through everything.
In most cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients they can help you control 80% of your debt so that you are able to take couple of things off your plate.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at the way CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can go to this video if you prefer to watch it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Refund Va
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 accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. However, they also offer additional services to help you be more financially secure.
The process begins with requesting a free online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about other options in your journey to debt-free.
The savings estimate, as we’ve 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 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 on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the one to take care of all the calls from your creditors. They will also be the ones that negotiate the terms of your payment based on the status of your finances. Depending on which works best your situation, the payment can be either a lump sum settlement or a payment plan.
Moreover, they will work with lenders to help you have better rates as you make deposits to your savings account. This is then processed to pay off creditors. Their programs can assist you to get rid of debt in just 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is login to CuraDebts Client Portal to track your development.
Before you can benefit from the program, you’ll have to pass their requirements first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for all kinds of debt. This includes personal loans, medical bills, credit cards as well as lines of credit. You can also approach them to settle any outstanding balance of business debt and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you will not receive support for most of your lawsuits, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, if possible. Certain violations may cause your debt to be also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. Additionally, you can have questions answered during a free meeting with their debt counsellor.
The greatest benefit of their program is that you’ll only be charged once your debt is settled. All you need to sign up for one of their plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records They will also gather all the documents you’ll require for tax returns.
Through this program, you should be able to solve various tax issues such as garnishments on wages as well as tax penalties for personal and taxation for business as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They only use flat-fee pricing that is based on the amount you need to settle.
They have different solutions for settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their specialty, they don’t cater to all types in debt resolution. CuraDebt concentrates on unsecured debt. They can’t help you if the debt or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without any issues. Moreover, this type of service is accessible across all 50 states, if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve your medical debt. In some cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students in negotiating any loans they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your outstanding debts.
They also do not charge high charges either. On average, you’ll have to pay up to 20% of the debt you settled through them.
In general, this type of industry can charge anywhere between 15% and 25 percent.
Additionally, customers can anticipate to pay off their debts in two to four years. However, this also varies according to the amount you can save up per month.
Additionally, they claim that you could save up to 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on your specific situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. In addition, they only charge a 20% fee while most companies charge you 25%.
Then, if you’re done with the debt settlement program you can also sign up for their credit repair program.
It’s an excellent method to improve the credit rating without having to go in debt again. However, the program lasts different for every person, depending on your situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any violations of creditor using their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using the credit card you use. If you’re trying to build a better credit score, it could delay you from getting rid of your obligations.
CureDebt doesn’t even offer a mobile application. Although they have a client website, it looks outdated and basic. It’s not particularly intuitive and could be difficult 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 useful program that will allow you to resolve your debt without having to spend more on these kinds of services. Moreover the 20% service charge is less expensive than the majority of companies that offer a 25% fee. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which could make it easier for you to monitor your progress. Tax Relief Refund Va
They do have a great support team that you can contact them not only through emails but by phone or by making an electronic ticket. Tax Relief Refund Va
If the problem of debt is an issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Tax Relief Refund Va
How long does it take to complete the program?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll tax issues and garnishments on wages.
What should I do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down your debt over time.