Are you experiencing debt that has increased lately? Are you burnt out from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your best option is to speak with experts who can assist to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can help you or put you in more debt.
According to their clients, they can help you manage 80percent of your debts so that you can take few things off of your plate.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper review of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before you begin the review, you can go to this video in case you would prefer for it to be watched.
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 the article for a more comprehensive review.
About the Company 0 Tax Relief Program
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. They also provide other services that can help you be more financially secure.
The process begins with requesting a free savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. With this savings estimate you’ll be able to discover more about options to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to join. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement plan, CuraDebt can be the one to handle all of your creditors’ calls. They will be the ones who will determine what you will pay for your settlement in accordance with the state of your financial situation. In determining which option is the most effectively for you, it could be either a lump sum settlement or an installment plan.
Furthermore they will also work with lenders to help you get better rates when you deposit money to your savings account. This in turn, will be processed to pay off 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’ll give you access to your information 24/7. All you need to do is log in to CuraDebts the client portal to track your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans, credit cards and loans. They are also able to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors so that you can have cash settlements, should it be possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you own. They also allow you to ask questions during their free meeting with their debt counselor.
The best part about their program is that you’ll only have to pay for the charges after your debt has been settled. All you need to do is sign up with some of their programs, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to deal with the various types of tax problems such as wage garnishments, tax penalties, personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices and is dependent on the amount you’ll must settle.
There are a variety of options for the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their forte however, they do not cater to all types of settlement. CuraDebt only focuses on debt that is not secured. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
If you do have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle taxes that are due without any problems. Furthermore, this service is accessible across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some cases, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students in negotiating any student loans that they have to pay.
Personal and payday loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards CuraDebt will help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost costs either. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of industry charges between 15% and 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you save per month.
Also, they claim that you could save up to 30% when you factor in their costs into your calculations.
However, the claim may depend on the situation. Some customers even claimed to save 50% to up to 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas most companies charge you 25%.
If you’re finished in the process of debt resolution, you could enroll in their credit repair program.
It’s a great method to improve your credit without going back into debt. However, the program runs in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also look into any violations of creditor with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with your credit card. Therefore, if you’re trying build a better credit score, it may cause you to delay getting rid of your credit card debt.
CureDebt also doesn’t have a mobile app available. While they have a client website, it looks outdated and basic. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more on these kinds of services. Additionally their 20% service charge is lower than many businesses that charge a 25% fee. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account so that you can track your progress, their website is not simple to navigate. CuraDebt isn’t even an app that could make it easier for you to look at your progress.
However, they have a good support team and can be reached them not just via email but also by phone or making an electronic ticket. 0 Tax Relief Program
If your debt is a big problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ 0 Tax Relief Program
How long will it take to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt offers a program for tax relief to assist you with issues such as delinquent payroll tax and garnishments of wages.
What should I do once I’m in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to pay down your debt over time.