Have your debts been increasing lately? Are you burnt out from trying different financial tips and advice but haven’t solved your problems?
Maybe you’re here because tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they are able to help or put you in more debt.
According to their clients, they can assist you in managing the majority of your debt , so you are able to take couple of w
orries off your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can solve for you.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
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 overview. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Vb Personal Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. But they offer additional services to help you be more financially stable.
It all begins with requesting a free savings estimate on the internet. The service is completely confidential, and they won’t conduct a credit inquiry. With this savings estimate you’ll learn more about your options to be debt-free.
This estimate of savings, as mentioned before, gives you an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with credit arbitration in the event that you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt is the one to handle all of your creditor’s calls. They will be the ones who will determine conditions of the payment depending on the condition of your financial situation. Based on what works best your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Furthermore they will work with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This in turn, will process to pay creditors. Their programs can assist you to pay off the debt in two years.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts’ client portal to monitor your development.
Before you can benefit from the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills, credit cards and also loans. They are also able to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating on tax owed and IRS debt. However, you will not receive support for most cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, should it be possible. Certain violations may cause your debt to be also dismissed.
CuraDebt can also help you settle debt with less than the amount you have. You can also inquire about your debt during their no-cost consultation with their debt counselor.
The greatest benefit of the program is that you only be charged when your debt is paid off. All you have to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documentation They will also gather all the paperwork you’ll need for tax returns.
By using this program, you will be able to deal with various tax issues such as wage garnishments and tax penalties, personal and taxation for business and back taxes as well as 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 need to settle.
There are a variety of options for the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization, they don’t provide all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They aren’t able to assist you if your loan or debt is linked to an item that is physical.
If, however, you are in one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able pay off taxes that are due without difficulty. Furthermore, this service is accessible to all 50 states in the event that you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students negotiate any student loans that they owe.
Payday loans and personal loans also qualify as debt-settling programs. You may also be eligible if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Additionally, they don’t charge high fees as well. On average, you’ll have to pay as much as 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. This varies according to the amount you are able to save each month.
Additionally, they claim that you can save as much as 30% by incorporating their fees in your equation.
But this claim will also differ based on the situation. Some customers have even talked about saving 50% to 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can offer you let’s explore the benefits of using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Furthermore they charge only an amount of 20%, while the majority of companies charge 25 percent.
If you’re finished in the process of debt resolution you may also sign up for their credit restoration program.
It’s a fantastic way to restore the credit rating without going into debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also investigate any violations of creditor with the help of their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with the credit card you use. If you’re trying to build a better standing on credit scores, you may set you back while you’re finishing your debt.
CureDebt also doesn’t offer a mobile application. Although they have a client website but it’s outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on these kinds of services. Additionally, their 20% service cost is less expensive than the majority of companies that offer the 25% cost. There aren’t any upfront fees and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account that allows you to 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 progress.
They do have a great support team and can be reached them not just via email but also by phone or sending an e-ticket. Vb Personal Tax Relief
If problem of debt is an problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they provide are in your area.
FAQ Vb Personal Tax Relief
What is the time frame to complete the program?
The average program is 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 that will aid you in dealing with problems such as late 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 lower your debt over time.