Have your debts been piling up lately? Are you burnt out from trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because been through every thing.
In the majority of cases, your best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can help you or put you in more debt.
According to their clients they can help you control 80percent of your debt so that you are able to take few things off of your plate.
However, for certain people the claims seem too good to be true.
You might be looking for any solution that could aid you in settling your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll take a deeper study of how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, check out this video instead in case you would prefer for it to be watched.
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. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Us Malta Tax Treaty Double Taxation Relief Mechanism
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. But they offer additional services to aid you in becoming more financially stable.
First of all, it begins by requesting a free savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. By using this estimate of savings you’ll be able to learn more about your options to debt-free.
The savings estimate, as mentioned earlier, provides you with an insight into your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with the process of credit arbitration should you choose to sign up. Some financial advisors can help you in your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the company to answer all of the calls from your creditors. They will also be the ones that will negotiate the terms of your settlement based on the status of your finances. In determining which option is the best to you, this could be either a lump sum settlement or the option of a payment plan.
Moreover they will work with creditors to ensure that you enjoy better rates when you transfer money into your savings account. This in turn, will process to pay off creditors. The plans they offer can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is login to CuraDebts’ client portal so that you can monitor your development.
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 criteria:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans, credit cards and line of credit. They are also able to help settle any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you won’t get assistance for the majority claims, government loans as well as collateral and utility bills. The same goes for 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 also help you find the violations of creditors in order to get cash settlements, if they are possible. Some violations can also result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. They also allow you to ask questions during their free consult with their debt counselor.
The best part about the program is that you only be charged when your debt is paid off. All you have to do is sign up with any of the plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
With this program, you will be able to deal with various tax issues such as garnishments on wages and tax penalties, personal and business taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices, which depends on the amount you have to pay.
There are a variety of options in the settlement of taxes. Here are 6 options:
- 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 forte however, they do not provide all kinds of settlement. CuraDebt only focuses on loans that are not secured. They can’t assist you if your credit or loan is tied to an actual item.
If, however, you are in one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to settle taxes that are due without difficulty. Additionally, this service is offered to all 50 states if you owe money in arrears to IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also help resolve your medical debt. In some cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students with negotiating any loans 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 if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you have paid off all of your outstanding debts.
Also, they don’t charge high charges either. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
On average, this type of business can cost anywhere between 15% and 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs in relation to the amount you save per month.
Also, they claim you can save up to 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on the situation. Some customers have even talked about saving 50% to 80percent.
Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25%.
If you’re finished in the process of debt resolution, you may enroll in their credit repair program.
It’s a great way to restore your credit without having to go in debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations of creditor using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop paying with . Therefore, if you’re trying improve your standing on credit scores, you might delay you from working on your credit card debt.
CureDebt also doesn’t offer a mobile application. While they have a website that clients can access but it’s old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more for these types of services. Additionally the 20% service charge is less expensive than the majority of firms that charge an additional 25% charge. There is no upfront payment, and you will only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account to see your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which will 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 sending an electronic ticket. Us Malta Tax Treaty Double Taxation Relief Mechanism
If the problem of debt is an problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the services they provide are in your state.
FAQ Us Malta Tax Treaty Double Taxation Relief Mechanism
What is the time frame to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs to assist you with issues such as delinquent payroll taxes and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.