Have your debts increased lately? Are you burnt out from trying other financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the best option is to speak with experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they can assist you or help you get into more debt.
According to their customers, they can help you manage 80percent of your debts so that you are able to take couple of w
orries off your plate.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this case, CuraDebt will mostly be recommended by people. We’ll take a deeper review of the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, go to this video for a more relaxing way watching it.
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.
About the Company Virginia Military Spouse Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. However, they also offer additional services to aid you in becoming more financially stable.
The process begins with requesting a free savings estimate on the internet. The service is completely confidential and won’t be conducting a credit screening. By using this estimate of savings you’ll be able to learn more about the options to debt-free.
The savings estimate, which was mentioned earlier, provides you with an insight into your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the agency to handle all of the calls from your creditors. They will be the ones who will determine what you will pay for your payment depending on the condition of your financial situation. In determining which option is the most effectively for you, it can be either a lump sum settlement or an installment plan.
Furthermore they will be working with creditors to ensure that you have better rates as you transfer money into your savings account. This in turn, will be processed to pay back creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is sign in to CuraDebts Client Portal to monitor your progress.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing with 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 settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. However, you will not receive assistance with the majority cases, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if they are possible. Some violations can also cause your debt to be removed as well.
CuraDebt lets you repay debt for less than the amount you have. Additionally, you can ask questions during their free consult with their debt counselor.
The greatest benefit of the program is that you only be charged after your debt has been settled. All you need to sign up for any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you should be able to solve various tax issues like garnishments on wages as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They use only flat-fee pricing and is dependent on the amount you’ll must settle.
There are a variety of options for paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their specialization however, they do not cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They can’t assist you if your credit or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without difficulty. Furthermore, this service is offered to all 50 states in the event that you owe money to the IRS. There are federal tax experts to assist you with the issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students negotiate any student loans that they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you settle each of your debts.
They also don’t charge high fees as well. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15 and 25%.
Additionally, customers can anticipate to pay off their debts in two to four years. However, this also varies in relation to the amount you save per month.
Also, they claim you can save as much as 30% by incorporating their costs into your calculations.
However, this statement will differ based on your situation. Some clients even mentioned saving 50 to 80percent.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. In addition they charge only an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution, you can also sign up for their credit repair program.
It’s a great way to restore your credit without going into debt again. However, the program runs differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any violations by creditors using their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using the credit card you use. Therefore, if you’re trying improve your standing on credit scores, you may set you back while you’re working on your credit card debt.
CureDebt also doesn’t offer a mobile application. Although they have a website that clients can access however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not accredited with the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more on these kinds of services. Moreover, their 20% service fee is lower than many firms that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress, their website is not easy to navigate. CuraDebt isn’t even an app that will make it easier to look at your performance.
However, they have a competent support staff and can be reached them not just via email but also by phone or sending an e-ticket. Virginia Military Spouse Tax Relief
If the problem of debt is an problem, then we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services they provide are in your state.
FAQ Virginia Military Spouse Tax Relief
How long does it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt provides tax relief programs that will aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with the team and make the necessary payments to pay down the amount of debt you have over time.