Are you experiencing debt that has been increasing lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of 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 assist you in managing the majority of your debts so that you are able to take couple of worries off your mind.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before beginning the review, check out this video instead for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you go on, 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.
About the Company Vhi Tax Relief At Source
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is an active part 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 imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most well-known feature. However, they also offer other services that will assist you in becoming financially secure.
First of all, it begins with requesting a free savings estimate on the internet. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings you’ll learn more about your options to debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an idea of your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt can be the one to take care of all the calls from your creditors. They will also be the ones who will negotiate the terms of your settlement in accordance with the state of your finances. Depending on which works best to you, this can be a lump-sum settlement or the option of a payment plan.
Furthermore they will be working with creditors to ensure that you have better rates as you deposit money to your savings account, which is then processed to pay back creditors. The plans they offer can help you settle the debt within two years.
After you’ve signed up with them, they’ll give 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 development.
Before you are able to avail the program, you’ll have to pass their requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills, credit cards and also loans. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They can even help negotiate on tax owed and IRS debt. However, you won’t get assistance for the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can 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 so that you can have cash settlements, should it be possible. Some violations can also result in having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt advisor.
The greatest benefit of their program is that you only have to pay for the charges after your debt has been settled. All you have to sign up to some of their programs and you’ll be able 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 documents you’ll require for tax returns.
By using this program, you should be able to resolve the various types of tax problems such as wage garnishments and tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you’ll must settle.
They offer different options when it comes to the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their specialty but they aren’t able to cater to all types of settlement. CuraDebt concentrates on unsecured debt. They can’t assist you if your debt or loan is tied to an item that is physical.
However, if you have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any issues. Moreover, this type of service is available across all 50 states, if you have a debt to the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve your medical debt. In some instances you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students with negotiating the student loans they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards and private-label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. Only pay when you’ve paid each of your debts.
Also, they do not charge high costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry charges between 15 and 25 percent.
Moreover, clients can expect to pay off their debts in 2 to 4 years. But, it also differs according to the amount you save per month.
They also claim that you could save up to 30% if you include their charges into your calculation.
However, this statement will depend on your situation. Some customers have even talked about saving 50 to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25%.
Next, if you’re done with the debt settlement program you may also sign up for their credit repair program.
It’s a fantastic option to rebuild your credit score without going in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also be looking into any violations by creditors using their experts in-house.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using the credit card you use. If you’re trying to improve your credit score, it could delay you from working on your credit card debt.
CureDebt doesn’t even offer a mobile application. While they do have a website that clients can access however, it appears old and mundane. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on these kinds of services. Moreover their 20% service charge is cheaper than most companies that offer an additional 25% charge. There are no upfront payments, and you will only have to pay when the debt is settled.
Although they’ll give you an account to see your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app that could make it easier for you to look at your performance. Vhi Tax Relief At Source
But, they do have a good support team, and you can reach them not just via email but also via phone or submitting an e-ticket. Vhi Tax Relief At Source
If the debt is a big issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they provide are in your area.
FAQ Vhi Tax Relief At Source
How long does it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that will assist you with issues like delinquent tax issues and garnishments of wages.
What should I do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.