Has your debt been increasing lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their clients they can assist you in managing 80% of your debts so that you can finally take a couple of w
orries off your plate.
But for some people they believe these claims are too good to be true.
You might be looking for anything that can assist you in paying off your debt. In this case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, go to this video 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. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Virginia, Tax Relief For Seniors
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. But they offer other services that will help you be more financially stable.
First of all, it begins by requesting a free savings estimate on the internet. This service is very confidential and won’t be conducting a credit screening. With this savings estimate you’ll be able to discover more about other options in your journey to be debt-free.
This estimate of savings, as mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with the process of credit arbitration should you choose to join. Some financial advisors can help you with your debt-free journey.
Following the debt settlement plan, CuraDebt is the one to take care of all your creditors’ calls. They’ll also be the ones that will determine what you will pay for your repayment in accordance with the state of your financial situation. In determining which option is the best to you, this can be either a lump sum settlement or a payment plan.
Furthermore they will also be working with the creditors to ensure that you get better rates when you deposit money to your savings account. This is then processed to pay the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you have to do is login to CuraDebts Client Portal to monitor your performance.
Before you are able to avail the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards, and also line of credit. You can also approach them to help settle any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, should it be possible. Certain violations may lead to having your debts removed as well.
CuraDebt lets you settle debt with less than the sum you have. You can also have questions answered during a free consult with their debt advisor.
The best part about their plan is that you only pay the fees when your debt is paid off. All you need to sign up to one of their plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
By using this program, you should be able to solve the various types of tax problems such as garnishments on wages as well as tax penalties for personal and corporate taxes and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees also. They only use flat-fee pricing that is based on the amount that you’ll have to pay.
They offer different options in settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their specialization however, they do not cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They can’t assist you if your loan or debt is linked to an actual item.
If, however, you are in one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Furthermore, this service is accessible to all 50 states if you have a debt to the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt will also help you resolve the medical bills. In some instances you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students negotiate any loans they have to pay.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card 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 do not charge an upfront cost. You’ll only pay once you settle each of your debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay up to 20% of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25 percent.
Moreover, clients can expect to settle their debts within between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
Additionally, they claim you can save up to 30% by incorporating their costs into your calculations.
However, this statement will differ based on your specific situation. Some customers have even talked about saving 50 to 80percent.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. Furthermore they only charge a 20% fee while the majority of companies charge 25 percent.
If you’re finished with the debt settlement program, you can join their credit restoration program.
It’s an excellent method to improve the credit rating without having to go into debt again. However, the program lasts different for every person according to your personal situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t inflate over time. They’ll also look into any violations of creditor with the assistance of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. So if you’re trying to improve your rating on your credit, this may delay you from getting rid of your credit card debt.
CureDebt does not have a mobile app. Although they have a website for clients but it’s outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on these kinds of services. Additionally, their 20% service charge is cheaper than most businesses that charge a 25% fee. There are no upfront payments and you’ll only have to pay when the debt is settled.
Although they’ll give you an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app, which will make it easier to monitor your progress.
However, they have a great support team and can be reached them not just via email but also by phone or sending an e-ticket. Virginia, Tax Relief For Seniors
If your credit card is a major problem, then we recommend CuraDebt’s service. Make sure you’re qualified and that the services they provide are in your area.
FAQ Virginia, Tax Relief For Seniors
What is the time frame to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt has a tax relief program to help you with problems such as delinquent payroll tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower the amount of debt you have over time.