Are you experiencing debt that has increased lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can assist you or put you in more debt.
According to their clients they can assist you in managing 80% of your debts so that you can finally take a couple of things off your plate.
For some the claims seem too good to be true.
You might be looking for something that will aid you in settling your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper study of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before starting the review, you can watch this video instead in case you would prefer watching 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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Vhi Premiums
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. But they offer other services that will aid you in becoming more financially stable.
It all begins by requesting a free savings estimate on the internet. This service is very confidential, and they won’t be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the other options in your journey to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with credit arbitration in the event that you decide to join. Financial advisors may be able to assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the company to handle all of the calls from your creditors. They will be the ones who negotiate what you will pay for your repayment in accordance with the state of your financial situation. Depending on which works best your situation, the payment can be either a lump sum settlement or the option of a payment plan.
Additionally they will be working with creditors to ensure that you get better rates when you transfer money into your savings account. This in turn, will be processed to pay back the creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is sign in to CuraDebts’ client portal to track your performance.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include personal loans, medical bills credit cards, and loans. They are also able to help settle any remaining balance on business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you won’t get assistance for the majority claims, government loans, collateral, and utility bills. They also don’t cover most 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 will also help you identify the violations of creditors so that you can have cash settlements, if they are possible. Certain violations could cause your debt to be removed as well.
CuraDebt lets you settle debt with less than the sum you have. They also allow you to inquire about your debt during their no-cost consultation with their debt counsellor.
The most appealing aspect of their plan is that you’ll only pay the fees once your debt is settled. All you need to do is sign up with one of their plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
By using this program, you’ll be able to solve various tax issues such as wage garnishments and tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
They offer different options when it comes to paying off taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their specialization however, they do not provide all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if the loan or debt is linked to an item that is physical.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle taxes that are due without difficulty. Moreover, this type of service is available to all 50 states if you owe money towards the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also help resolve your medical debt. In some instances you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students in negotiating the student loans they have to pay.
Personal and payday loans also qualify for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt will assist you in paying it off.
How much will it cost?
The best part about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
They also don’t charge high charges either. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25 percentage.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you can save up per month.
Additionally, they claim you can save as much as 30% by incorporating their fees in your equation.
However, the claim may differ based on your situation. Some customers even claimed to save between 50% and 80percent.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Additionally they charge only an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program, you could also sign up for their credit restoration program.
It’s a great method to improve your credit score without having to go into debt again. However, the program lasts different for every person according to your personal situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the assistance of their experts in-house.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using the credit card you use. If you’re trying to increase your credit score, it could set you back while you’re finishing your obligations.
CureDebt does not have a mobile app. While they have a website that clients can access however, it appears old and mundane. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more for these types of services. Moreover, their 20% service fee is lower than many firms that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
While they’ll provide you with an account so that you can track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which will make it easier to track your performance.
They do have a good support team that you can contact them not only through emails but also via phone or making an electronic ticket. Tax Relief Vhi Premiums
If the credit card is a major issue right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Tax Relief Vhi Premiums
How long does it take to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt offers a program for tax relief that will assist you with issues such as delinquent payroll tax issues and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.