Are you experiencing debt that has been increasing lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, your best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they are able to help or help you get into more debt.
According to their clients they can assist you in managing the majority of your debt , so you are able to take couple of things off your plate.
For some the claims seem too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll take a deeper study of how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll 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 watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company What Is Tax Relief For Married Couples
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 accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. However, they also offer other services that can assist you in becoming financially stable.
The process begins with 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 be able to learn more about the alternatives to debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an insight into your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement plan, CuraDebt will be the one to take care of all the calls from your creditors. They’ll also be the ones who will determine the terms of your payment based on the status of your financial situation. Based on what works best your situation, the payment could either be a lump sum settlement or a payment plan.
Moreover, they will be working with the lenders to help you get better rates when you transfer money into your savings account. This in turn, will process to pay back creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is sign in to CuraDebts’ client portal to track your performance.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- Minimum 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 the different ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf for all kinds of debt. They can help with personal loans, medical bills credit cards and loans. They are also able to settle any outstanding balance of business debt, collections, or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation so that you can have cash settlements, if possible. Some violations can also result in having your debts removed as well.
CuraDebt can also help you repay debt for less than the amount you have. They also allow you to inquire about your debt during their no-cost consultation with their debt counselor.
The most appealing aspect of the program is that you’ll only be charged after your debt has been settled. All you need to sign up to one of their plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documents They will also gather all the necessary paperwork to file tax returns.
By using this program, you’ll be able to deal with various tax issues like garnishments on wages, tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount that you’ll have to pay.
They offer different options when it comes to settling the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their forte but they aren’t able to provide all kinds of settlement. CuraDebt concentrates on unsecured debt. 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 negotiate settlements on your behalf.
With CuraDebt, you should be able pay off taxes that are due without any problems. Additionally, this service is available across all 50 states, if you owe money to the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases 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. They can however assist private students in negotiating any loans they are owed.
Personal loans and payday loans also qualify for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt will assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
Also, they do not charge high fees as well. On average, you’ll be required to pay as much as 20 percent of the debt that you settled through them.
In the average, this kind of industry can charge anywhere between 15 and 25%.
In addition, customers can expect to pay off their debts in between 2 and 4 years. This varies according to the amount you are able to save each month.
They also claim that you can save up to 30% if you include their costs into your calculations.
But this claim will also depend on your specific situation. Some customers even claimed to save 50 to 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can offer you let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while many companies charge 25 percent.
If you’re finished by the program for debt relief, you could also sign up for their credit restoration program.
It’s a fantastic way to restore your credit without having to go back into debt. However, the program runs differently for each person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using the credit card you use. If you’re trying to increase your standing on credit scores, you could cause you to delay finishing your debt.
CureDebt doesn’t even offer a mobile application. While they have a website for clients, it looks old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on these kinds of services. In addition, their 20% service charge is lower than many companies that offer a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once the debt is paid off.
While they’ll provide you with an account so that you can track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app that could make it easier for you to look at your performance.
However, they have a good support team and can be reached them not only through emails but also by phone or making an e-ticket. What Is Tax Relief For Married Couples
If the debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they offer are available in your area.
FAQ What Is Tax Relief For Married Couples
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 as well as your agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax issues and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to reduce your debt over time.