Has your debt been increasing lately? Are you exhausted from trying different financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, the best option is to speak with professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. Many customers have asked if they can help you or put you into more debt.
According to their clients they can help you manage 80percent of your debts so that you can finally take a couple of things off your mind.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt works and what problems 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 check out this video instead for a more relaxing way to watch it.
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 overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company 311 Government Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. But they offer other services that can assist you in becoming financially secure.
First of all, it begins by requesting a free online savings estimate. This service is very confidential and they will not be conducting a credit screening. With this estimate of savings you’ll learn more about your options towards debt-free.
The savings estimate, which was mentioned earlier, provides you with the opportunity to consider your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the company to handle all of the calls from your creditors. They’ll also be the ones that will determine what you will pay for your repayment depending on the condition of your financial situation. Depending on which works best your situation, the payment can be a lump-sum settlement or the option of a payment plan.
Furthermore they will work with lenders to help you get better rates when you make deposits to your savings account, which is then processed to pay the creditors. Their programs can assist you to get rid of debt in just two years.
Once you’ve signed up with them, they will allow you access to your data 24/7. All you need to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you can benefit from their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with medical bills, personal loans credit cards and loans. They can also be approached to help settle any remaining amount on business debts and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you will not receive assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors so that you can have cash settlements, should it be possible. Certain violations may lead to having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you have. They also allow you to ask questions during their free meeting with their debt counselor.
The greatest benefit of their program is that you only be charged when your debt is paid off. All you need to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documents They will also gather all the necessary paperwork to file tax returns.
By using this program, you should be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices and is dependent on the amount you must settle.
They have different solutions when it comes to settling taxes. 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 can they assist you with?
Although debt settlement is their specialty however, they do not provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They can’t help you if the credit or loan is tied to an actual item.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay taxes that are due without any problems. Additionally, this service is available across all 50 states, if you have a debt to the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students in negotiating any loans they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. 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
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you have paid off all of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay up to 20% of the debt you settled through them.
In the average, this kind of industry charges between 15% and 25 percentage.
In addition, customers can expect to settle their debts within two to four years. However, this also varies according to the amount you save per month.
Also, they claim that you can save as much as 30% if you include their fees in your equation.
But this claim will also depend on the situation. Some clients even mentioned saving 50% to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. In addition they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief, you can join their credit repair program.
It’s an excellent way to restore the credit rating without having to go into debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also investigate any violations by creditors using their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. Therefore, if you’re trying improve your standing on credit scores, you might delay you from finishing your obligations.
CureDebt doesn’t even have a mobile app available. While they have a website for clients but it’s aged and simple. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Additionally, their 20% service charge is lower than many companies that offer an additional 25% charge. There are no upfront payments and you’ll only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt does not have an app yet, which could make it easier for you to track your progress.
However, they have a great support team, and you can reach them, not only via emails but also by phone or sending an electronic ticket. 311 Government Tax Relief
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ 311 Government Tax Relief
How long does it take to finish the program?
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 tax problems in the state?
Yes, CuraDebt has a tax relief program to help you with problems like delinquent tax issues and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.