Are you experiencing debt that has increased lately? Are you exhausted from trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they can assist you or put you into more debt.
According to their clients, they can help you manage 80percent of your debt so that you can take couple of things off your plate.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, go to this video 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 our article for a more comprehensive review.
About the Company What Tax Relief Can I Claim On A Rental Property
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best known feature. They also provide other services that can help you be more financially secure.
First of all, it begins with requesting a free savings estimate online. It is a completely private service and won’t be doing a credit check. By using this estimate of savings you’ll be able to discover more about alternatives to debt-free.
The savings estimate, as mentioned previously, offers you the opportunity to consider your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt will be the agency to take care of all the calls from your creditors. They will be the ones who will determine the terms of your settlement depending on the condition of your finances. Based on what works most effectively for you, it could be a lump-sum settlement or a payment plan.
Additionally, they will be working with creditors so that you can have better rates as you transfer money into your savings account, which in turn, will be processed to pay back creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to monitor your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards and line of credit. You can also approach them to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive support for most cases, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if possible. Certain violations could lead to having your debts also dismissed.
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 the program is that you will 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 resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you will be able to solve different types of taxes like wage garnishments, tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
There are a variety of options for the settlement of the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to offer all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if the credit or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able to settle your past-due tax debts without any issues. Additionally, this service is available across all 50 states, if you owe money in arrears to IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some instances you could even settle them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students in negotiating any loans they are owed.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you settle each of your debts.
They also do not charge high costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
In general, this type of industry charges between 15% and 25%.
Moreover, clients can expect to settle their debts within 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
Additionally, they claim that you can save as much as 30% when you factor in their fees in your equation.
However, the claim may vary, depending on your situation. Some customers have even talked about saving 50 to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. In addition they only charge 20% of the cost, whereas many companies charge 25 percent.
If you’re finished with the debt settlement program, you may enroll in their credit restoration program.
It’s a great way to restore the credit rating without having to go in debt again. The program is however designed in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also look into any violations of creditor with the help of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using your credit card. Therefore, if you’re trying build a better standing on credit scores, you might cause you to delay working on your debt.
CureDebt doesn’t even have a mobile app available. While they have a website for clients however, it appears aged and simple. It’s not very intuitive and could be difficult 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 good 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 less expensive than the majority of firms that charge the 25% cost. There is no upfront payment, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app that will make it easier to monitor your performance.
But, they do have a good support team, and you can reach them not only through emails but also via phone or submitting an e-ticket. What Tax Relief Can I Claim On A Rental Property
If debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs that they provide are offered in your state.
FAQ What Tax Relief Can I Claim On A Rental Property
How long does it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt has a tax relief program that can help you with problems such as delinquent payroll tax issues and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to lower your debt over time.