Are you experiencing debt that has been increasing lately? Are you burnt out from trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because been through everything.
In the majority of cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they can assist you or help you get into more debt.
According to their customers, they can help you control the majority of your debts so that you are able to take couple of w
orries off your plate.
But for some people they believe these claims are too good to be true.
If you’re looking for something that will assist you in paying off your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, check out this video instead in case you would prefer to watch 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.
About the Company Tax Relief Top Up Cpf
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide other services that will aid you in becoming more financially stable.
The process starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. With this estimate of savings, you will discover more about other options in your journey to debt-free.
Savings estimates, as we’ve mentioned previously, offers you an idea of your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the agency to take care of all your creditor’s calls. They will also be the ones that will negotiate what you will pay for your settlement in accordance with the state of your finances. In determining which option is the best to you, this could either be a lump sum settlement or an installment plan.
Furthermore they will also work with creditors so that you can get better rates when you transfer money into your savings account, which in turn, will process to pay back creditors. The plans they offer can help you pay off the debt in two years.
After you’ve signed up with them, they’ll allow you access to your information 24/7. All you need to do is log in 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. For eligibility, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills credit cards, and also lines of credit. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, should it be possible. Certain violations may lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the amount you have. They also allow you to have questions answered during a free consult with their debt counsellor.
The greatest benefit of their program is that you will only have to pay for the charges when your debt is paid off. All you need to sign up to 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 documentation They will also gather all the necessary paperwork for tax returns.
With this program, you should be able to solve different types of taxes like wage garnishments, tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices, which depends on the amount that you’ll have to pay.
There are a variety of options in the settlement of your tax debt. 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 can they assist you with?
While debt settlement is their forte but they aren’t able to provide all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They aren’t able to assist you if your credit or loan is tied to a physical item.
However, if you have the following types of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off taxes that are due without any issues. Moreover, this type of service is accessible to all 50 states if you have a debt to 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 any medical-related debt. In some cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students with negotiating any loans they have to pay.
Personal and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card CuraDebt will 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 an upfront fee. You’ll only pay once you have paid off all of your debts.
Additionally, they don’t charge high costs either. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In general, this type of industry charges from 15% to 25 percent.
In addition, customers can expect to settle their debts within between 2 and 4 years. This varies according to the amount you can save up per month.
Also, they claim that you can save up to 30% when you factor in their fees in your equation.
However, the claim may vary, depending on your situation. Some clients even mentioned saving between 50% and 80%.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge 20% of the cost, whereas most companies charge you 25%.
If you’re finished with the debt settlement program you may join their credit repair program.
It’s an excellent option to rebuild your credit score without having to go back into debt. However, the program lasts differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors with the assistance of their own experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with . So if you’re trying to build a better rating on your credit, this might cause you to delay finishing your obligations.
CureDebt does not offer a mobile application. While they do have a client website however, it appears outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on those types of services. In addition the 20% service cost is cheaper than most businesses that charge a 25% fee. There are no upfront payments, 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 but their website isn’t easy to navigate. CuraDebt also doesn’t have an app yet, which would make it easier to track your performance.
They do have a good support team and can be reached them not only through emails but also via phone or submitting an e-ticket. Tax Relief Top Up Cpf
If credit card is a major problem right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they offer are available in your area.
FAQ Tax Relief Top Up Cpf
How long does it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief that can help you with problems such as delinquent payroll tax issues and garnishments on wages.
What should I do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.