Has your debt been piling up lately? Are you tired of trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, the best way is to approach experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. A lot of 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 debt , so you can take few things off of your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at how CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can watch this video instead for a more relaxing way watching 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 review. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief When Married
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. They also provide other services that can assist you in becoming financially stable.
It all begins with requesting a free savings estimate online. It is a completely private service and they will not be doing a credit check. By using this estimate of savings you’ll be able to learn more about the options to be debt-free.
Savings estimates, as mentioned before, gives you an insight into your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program, CuraDebt will be the agency to take care of all your creditors’ calls. They’ll also be the ones who negotiate the terms of your settlement based on the status of your financial situation. In determining which option is the best your situation, the payment could be a lump-sum settlement or a payment plan.
Moreover they will be working with the lenders to help you get better rates when you make deposits to your savings account. This, is then processed to pay off the creditors. Their plans can help you pay off the debt in two years.
After you’ve registered with them, they will allow you access to your data 24/7. All you have to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards, and loans. They are also able to pay off any remaining amount on business debts, collections, or repossessions.
They can even help negotiate with 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 will assist you with laws like that of 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 dismissed as well.
CuraDebt lets you settle debt with less than the amount you own. They also allow you to have questions answered during a free consultation with their debt advisor.
The best part about their plan is that you only be charged after your debt has been settled. All you have to sign up for any of the plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records, they will also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to deal with the various types of tax problems such as wage garnishments, tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices that is based on the amount you’ll must settle.
There are a variety of options in paying off 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 can they help you with?
Although they specialize in debt settlement, it is not their specialty however, they do not offer all kinds of debt settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to help you if your debt or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle taxes that are due without any problems. Additionally, this service is accessible to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt will also help you resolve your medical debt. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students in negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge upfront fees. Only pay when you settle each of your debts.
Additionally, they don’t charge high costs either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of industry charges between 15% and 25 percent.
Moreover, clients can expect to settle their debts within 2 to 4 years. This varies depending on the amount that you save per month.
Also, they claim that you can save up to 30% if you include their fees in your equation.
But this claim will also depend on your specific situation. Some customers have even talked about saving 50 to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. In addition they only charge an amount of 20%, while many companies charge 25 percent.
Then, if you’re done with the debt settlement program, you may also sign up for their credit restoration program.
It’s a fantastic way to restore your credit score without going into debt again. However, the program runs in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with the credit card you use. If you’re trying to improve your rating on your credit, this might set you back while you’re getting rid of your debt.
CureDebt doesn’t even have a mobile app. While they do have a website for clients but it’s outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you settle your debt without spending more for these types of services. In addition their 20% service charge is lower than many firms that charge a 25% fee. There are no upfront payments and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which would make it easier to monitor your progression.
But, they do have a good support team, and you can reach them not just via email but also via phone or submitting an e-ticket. Tax Relief When Married
If debt is a big problem, then we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they provide are in your state.
FAQ Tax Relief When Married
What is the time frame to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to aid you in dealing with problems such as late payroll taxes and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down your debt over time.