Has your debt been increasing lately? Are you burnt out from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your best option is to speak with experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they are able to help or put you into more debt.
According to their customers, they can assist you in managing 80percent of your debts so that you can take couple of things off your shoulders.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In that case, CuraDebt will mostly be suggested by people. We’ll take a deeper look at how CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before you begin the review, check out this video instead if you 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Veterans Tax Relief Reviews
CuraDebt is a debt relief company from 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 can CuraDebt do?
Helping you settle your debt is the most known feature. But they offer other services that will aid you in becoming more financially secure.
The process begins by requesting a free savings estimate online. It is a completely private service, and they won’t be conducting a credit screening. With this savings estimate, you will be able to learn more about the other options in your journey to debt-free.
This estimate of savings, which was mentioned earlier, provides you with an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration if you decide to sign up. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement plan, CuraDebt is the company to answer all of the calls from your creditors. They’ll also be the ones that will determine the terms of your repayment based on the status of your financial situation. Based on what works most effectively your situation, the payment can be a lump-sum settlement or the option of a payment plan.
Moreover they will also work with creditors so that you can have better rates as you deposit money to your savings account. This is then processed to pay creditors. Their programs can assist you to pay off the debt in the period of 48 months.
After you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is sign in to CuraDebts Client Portal so that you can monitor your performance.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, 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 assist you with?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with medical bills, personal loans, credit cards as well as lines of credit. You can also approach them to settle any outstanding amount on business debts, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will 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 the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you have. You can also ask questions during their free meeting with their debt counsellor.
The most appealing aspect of their plan is that you will only be charged after your debt has been settled. All you need to do is sign up with some of their programs, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to resolve different types of taxes such as wage garnishments, tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing, which depends on the amount that you’ll must settle.
They have different solutions in settling 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 kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t offer all kinds in debt resolution. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if your debt or loan is tied to a physical item.
However, if you have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off taxes that are due without any issues. Moreover, this type of service is available to all 50 states if you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also help resolve your medical debt. In some instances you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students in negotiating any loans they have to pay.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail if you have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. You’ll only pay once you settle each of your outstanding debts.
They also do not charge high fees as well. On average, you’ll have to pay up to 20% of the debt you settled through them.
On average, this type of industry charges between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debt from two to four years. This varies according to the amount you are able to save each month.
They also claim that you could save as much as 30% by incorporating their costs into your calculations.
But this claim will also differ based on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Furthermore they charge only a 20% fee while most companies charge you 25 percent.
Next, if you’re done by the program for debt relief, you could also sign up for their credit repair program.
It’s a fantastic method to improve your credit without going in debt again. The program is however designed different for every person according to your personal situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t increase over time. They’ll also investigate any creditor violations with the help of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with your credit card. If you’re trying to increase your credit score, it might delay you from finishing your obligations.
CureDebt does not have a mobile app. While they have a client website however, it appears outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. Moreover the 20% service fee is cheaper than most companies that offer the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress, their website is not simple to navigate. CuraDebt isn’t even an app that could make it easier for you to look at your progression.
However, they have a good support team and can be reached them not just via email but by phone or by making an e-ticket. Veterans Tax Relief Reviews
If credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ Veterans Tax Relief Reviews
How long does it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce the amount of debt you have over time.