Are you experiencing debt that has been increasing lately? Are you tired of trying various financial advice and tips 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 help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they are able to help or put you in more debt.
According to their clients, they can help you control 80% of your debts so that you can take couple of things off your mind.
For some, these claims are just too good to be true.
You might be looking for anything that can help you resolve your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper look at the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before you begin the review, check out this video instead if you prefer watching 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. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Veterans Real Estate Tax Relief Virginia
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. However, they also offer other services that can assist you in becoming financially secure.
The process begins with requesting a free savings estimate online. It is a completely private service and they will not be doing a credit check. With this savings estimate you’ll be able to learn more about your options to be debt-free.
The savings estimate, as mentioned previously, offers you an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement program, CuraDebt can be the agency to answer all of your creditor’s calls. They’ll also be the ones who negotiate the terms of your payment based on the status of your financial situation. Based on what works best for you, it could either be a lump sum settlement or a payment plan.
Furthermore they will also be working with creditors so that you can get better rates when you transfer money into your savings account. This, is then processed to pay off creditors. Their plans can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts’ client portal to track your progress.
Before you can avail of the program, you’ll have to pass their requirements first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills credit cards and also line of credit. You can also approach them to help settle any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. But, you won’t receive assistance with the majority cases, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will help you use laws like that of 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 possible. Some violations can also lead to having your debts removed as well.
CuraDebt lets you repay debt for less than the amount you own. Additionally, you can ask questions during their free consult with their debt counselor.
The most appealing aspect of the program is that you will only be charged once your debt is settled. All you need to do is sign up with any of the plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have 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 garnishments on wages as well as tax penalties for personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing, which depends on the amount you’ll must settle.
They have different solutions when it comes to paying off taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their forte but they aren’t able to provide all kinds of settlement. CuraDebt is only focused on unsecured debt. They won’t be able to assist you if your credit or loan is tied to an actual item.
If you do have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any problems. Moreover, this type of service is offered across all 50 states, if you owe money to the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve the medical bills. In some instances you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students with negotiating any loans they owe.
Payday loans and personal loans are also eligible for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you settle each of your debts.
They also don’t charge high charges either. In the average, you’ll need to pay up to 20 percent of the debt that you settled with them.
On average, this type of industry can charge anywhere between 15% and 25%.
Additionally, customers can anticipate to settle their debt from two to four years. However, this also varies according to the amount you can save up per month.
Additionally, they claim that you can save up to 30% if you include their costs into your calculations.
However, the claim may depend on the situation. Some customers even claimed to save 50% to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. In addition they charge only an amount of 20%, while many companies charge 25 percent.
Next, if you’re done with the debt settlement program you may enroll in their credit restoration program.
It’s a great way to restore your credit score without having to go into debt again. The program is however designed differently for each person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also look into any violations of creditor with the help of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . So if you’re trying to build a better credit score, it could set you back while you’re working on your credit card debt.
CureDebt does not offer a mobile application. While they do have a website for clients, it looks old and mundane. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more on these kinds of services. Moreover their 20% service charge is less expensive than the majority of companies that offer the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which will make it easier to monitor your progression.
They do have a good support team that you can contact them not just via email but also by phone or submitting an e-ticket. Veterans Real Estate Tax Relief Virginia
If credit card is a major problem, then we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ Veterans Real Estate Tax Relief Virginia
How long does it take to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt provides tax relief programs that can aid you in dealing with problems such as delinquent payroll tax and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to reduce your debt over time.