Are you experiencing debt that has increased lately? Are you exhausted from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, your best option is to speak with professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. 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 the majority of your debts so that you can finally take a few things off of your shoulders.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, go to this video 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. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Vets First Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. They also provide additional services to aid you in becoming more financially secure.
First of all, it begins with requesting a free online savings estimate. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the alternatives to debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an idea of your options regardless of whether or not you’re planning to continue 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 enroll. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt is the agency to take care of all your creditors’ calls. They will also be the ones who will determine conditions of the repayment based on the status of your finances. In determining which option is the most effectively to you, this can be a lump-sum settlement or a payment plan.
Moreover they will be working with the creditors so that you can enjoy better rates when you deposit money to your savings account, which in turn, will be processed to pay creditors. Their plans can help you settle the debt within 48 months.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is log in to CuraDebts Client Portal to track your development.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills credit cards and lines of credit. They are also able to pay off any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate on tax owed as well as IRS debt. But, you won’t receive support for most claims, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, should it be possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the sum you have. You can also inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of their program is that you will only have to pay for the charges after your debt has been settled. All you need to sign up for some of their programs and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
Through this program, you should be able to resolve various tax issues like garnishments on wages and tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices that is based on the amount you have to pay.
There are a variety of options for paying off 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 can they help you with?
Although debt settlement is their specialization, they don’t cater to all types in debt resolution. CuraDebt only focuses on loans that are not secured. They won’t be able to assist you if your debt or loan is tied to an actual item.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without any problems. Moreover, this type of service is offered to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students in negotiating any student loans that they owe.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your debts.
They also do not charge high costs either. On average, you’ll be required to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of industry charges from 15% to 25 percentage.
In addition, customers can expect to settle their debt from between 2 and 4 years. This varies in relation to the amount you save per month.
Also, they claim you can save as much as 30% if you include their fees in your equation.
However, this statement will differ based on the situation. Some customers even claimed to save between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only a 20% fee while the majority of companies charge 25%.
Next, if you’re done with the debt settlement program, you could also sign up for their credit repair program.
It’s an excellent way to restore your credit without having to go in debt again. However, the program lasts different for every person according to your personal situation.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any violations by creditors with the assistance of their in-house experts.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using . Therefore, if you’re trying increase your standing on credit scores, you could set you back while you’re working on your debt.
CureDebt doesn’t even have a mobile app. Although they have a website for clients however, it appears aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more on these kinds of services. Moreover, their 20% service cost is cheaper than most companies that offer the 25% cost. There aren’t any upfront fees and you’ll only have to pay 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 also doesn’t have an app yet, which could make it easier for you to monitor your progression.
However, they have a great support team that you can contact them not only through emails but by phone or by submitting an e-ticket. Vets First Tax Relief
If your problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services they offer are available in your state.
FAQ Vets First Tax Relief
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt offers a program for tax relief to aid you in dealing with problems like delinquent tax issues and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with the team and make the necessary payments to pay down your debt over time.