Are you experiencing debt that has increased lately? Are you exhausted from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can assist you or help you get into more debt.
According to their customers, they can help you manage the majority of your debts so that you can finally take a couple of w
orries off your plate.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can help you solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before starting the review, you can watch this video instead in case you would prefer to watch 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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company 1000 Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will aid you in becoming more financially stable.
The process starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and they will not be doing a credit check. With this savings estimate you’ll be able to be able to learn more about the other options in your journey to debt-free.
Savings estimates, as mentioned before, gives you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the agency to take care of all your creditor’s calls. They’ll also be the ones who negotiate what you will pay for your repayment depending on the condition of your finances. Based on what works best for you, it can be a lump-sum settlement or a payment plan.
Moreover, they will be working with creditors to ensure that you have better rates as you deposit money to your savings account. This, is then processed to pay creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve registered with them, they will give you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to monitor your performance.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. This includes medical bills, personal loans, credit cards and line of credit. They can also be approached to help settle any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you won’t get support for most cases, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like those of 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 to ensure that you receive cash settlements, if possible. Certain violations may cause your debt to be also dismissed.
CuraDebt also allows you to pay off debts with less than the sum you have. They also allow you to have questions answered during a free consultation with their debt counselor.
The most appealing aspect of the program is that you will only pay the fees when your debt is paid off. All you need to do is sign up with one of their plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you should be able to solve various tax issues like wage garnishments as well as tax penalties for personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
They have different solutions when it comes to paying off your 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 can they assist you with?
Although debt settlement is their specialty but they aren’t able to cater to all types of settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if the debt or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any problems. Moreover, this type of service is offered to all 50 states if you owe money to the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt can also help resolve the medical bills. In some instances, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students with negotiating any loans they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
Also, they don’t have high-cost costs either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
On average, this type of industry charges from 15% to 25 percent.
In addition, customers can expect to settle their debt from between 2 and 4 years. But, it also differs in relation to the amount you can save up per month.
Also, they claim that you can save as much as 30% by incorporating their fees in your equation.
However, the claim may depend on your situation. Some customers even claimed to save 50 to 80percent.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. In addition they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done with the debt settlement program you may enroll in their credit restoration program.
It’s an excellent option to rebuild your credit score without going into debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any creditor violations using their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with the credit card you use. If you’re trying to increase your rating on your credit, this might cause you to delay finishing your credit card debt.
CureDebt does not have a mobile app. Although they have a client website, it looks outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on these kinds of services. Moreover the 20% service charge is less expensive than the majority of firms that charge the 25% cost. There are no upfront payments and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account to see your progress, their website is not user-friendly. CuraDebt does not have an app, which would make it easier to track your progress.
However, they have a competent support staff and can be reached them not only through emails but by phone or by making an e-ticket. 1000 Tax Relief
If your credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your area.
FAQ 1000 Tax Relief
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll taxes and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.