Have your debts been increasing lately? Are you exhausted from trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, your most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most asked companies. Many people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you manage 80% of your debt so that you are able to take couple of w
orries off your plate.
For some the claims seem too good to be true.
You might be looking for anything that can help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, you can watch this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, 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 the article for a more comprehensive review of CuraDebt.
About the Company Virginia Tax Taxpayer Relief Fund
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. However, they also offer additional services to aid you in becoming more financially stable.
It all begins by requesting a free online savings estimate. The service is completely confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about the other options in your journey to be debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an idea of your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with credit arbitration if you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt will be the company to handle all of your creditor’s calls. They will be the ones who will negotiate conditions of the payment depending on the condition of your finances. Based on what works most effectively for you, it could be either a lump sum settlement or the option of a payment plan.
Furthermore they will also be working with lenders to help you get better rates when you transfer money into your savings account. This, in turn, will be processed to pay off the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your data 24/7. All you have to do is log in to CuraDebts’ client portal to monitor your progress.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, 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 can they help you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They can negotiate settlements on behalf of you for most types of debt. This includes medical bills, personal loans, credit cards as well as line of credit. You can also approach them to help settle any remaining balance of business debt and collections or repossessions.
They may also assist in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like the 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 result in having your debts also dismissed.
CuraDebt can also help you repay debt for less than the amount you own. Additionally, you can have questions answered during a free meeting with their debt counselor.
The most appealing aspect of their program is that you’ll only be charged when your debt is paid off. All you have to sign up to one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you will be able to solve the various types of tax problems like wage garnishments and tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges either. They only use flat-fee pricing, which depends on the amount you have to pay.
They have different solutions in 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 kind of debt are they able to help with?
Although debt settlement is their specialty, they don’t offer all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if the credit or loan is tied to an item that is physical.
However, if you have the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any problems. Furthermore, this service is accessible across all 50 states, if you have a debt to the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling the medical bills. In some instances you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students with negotiating the student loans they have to pay.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
They also don’t charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of industry can charge anywhere between 15% and 25%.
In addition, customers 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.
Also, they claim that you can save as much as 30% if you include their costs into your calculations.
But this claim will also vary, depending on your specific situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. In addition, they only charge 20% of the cost, whereas many companies charge 25%.
If you’re finished in the process of debt resolution you could join their credit repair program.
It’s an excellent way to restore your credit without going back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any violations of creditor with the assistance of their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. So if you’re trying to increase your standing on credit scores, you might cause you to delay finishing your obligations.
CureDebt also doesn’t have a mobile app. Although they have a website for clients but it’s old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not credited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more for these types of services. In addition the 20% service cost is lower than many businesses that charge a 25% fee. There are no upfront payments and you’ll only have to pay when your debt is finally settled.
Although they’ll allow you to access an account to see your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app, which will make it easier to monitor your progression.
They do have a competent support staff that you can contact them not only through emails but by phone or by sending an electronic ticket. Virginia Tax Taxpayer Relief Fund
If your problem of debt is an problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the programs they offer are available in your state.
FAQ Virginia Tax Taxpayer Relief Fund
How long will it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.