Has your debt been piling up lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve been through everything.
In most cases, the best way is to approach experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they can assist you or put you into more debt.
According to their clients, they can help you manage the majority of your debts so that you can finally take a couple of things off your plate.
However, for certain people they believe these claims are too good to be true.
If you’re looking for any solution that could help you resolve your debt. In this case, CuraDebt will mostly be recommended by people. We’ll take a deeper look at how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, 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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Advocate Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide other services that can aid you in becoming more financially stable.
It all begins by requesting a free savings estimate on the internet. This service is very confidential and won’t be doing a credit check. By using this estimate of savings, you will discover more about alternatives to debt-free.
Savings estimates, which was mentioned earlier, provides you with an idea of your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with credit arbitration if you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt is the agency to answer all of the calls from your creditors. They will be the ones who negotiate conditions of the repayment in accordance with the state of your finances. Based on what works most effectively for you, it can be a lump-sum settlement or an installment plan.
Additionally they will be working with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This is then processed to pay creditors. Their plans can help you pay off the debt in two years.
Once you’ve signed up with them, they’ll give you access to your information 24/7. All you need to do is sign in to CuraDebts’ client portal to monitor your performance.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for most types of debt. They can help with medical bills, personal loans credit cards and also lines of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive support for most cases, loans from the government or collateral, as well as utility bills. They also don’t cover most 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 also help you find creditor violations in order to get cash settlements, should it be possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you have. You can also inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of their plan is that you will only be charged once your debt is settled. All you have to sign up for any of the plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you will be able to deal with different types of taxes such as garnishments on wages and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges either. They use only flat-fee pricing, which depends on the amount you’ll need to settle.
There are a variety of options for the settlement of taxes. Here are six 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 they specialize in debt settlement, it is not their forte however, they do not offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if your loan or debt is linked to a physical item.
If you do have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without difficulty. Moreover, this type of service is accessible to all 50 states in the event that you have a debt towards the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also help resolve your medical debt. In certain cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students in negotiating the student loans they owe.
Personal and payday loans are also eligible as debt-settling programs. You can also avail if you have other unsecured credit lines that you got from an alternative bank or financial institution.
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.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. You’ll only pay once you settle each of your outstanding debts.
Additionally, they do not charge high fees as well. On average, you’ll be required to pay between 20 and 20% of the debt you settled with them.
On average, this type of business can cost anywhere between 15% and 25%.
Moreover, clients can expect to pay off their debts in two to four years. However, this also varies depending on the amount that you are able to save each month.
They also claim that you could save as much as 30% by incorporating their charges into your calculation.
But this claim will also depend on your situation. Some customers have even talked about saving between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Additionally, they only charge a 20% fee while most companies charge you 25%.
Then, if you’re done by the program for debt relief, you can also sign up for their credit restoration program.
It’s a great option to rebuild the credit rating without going into debt again. The program is however designed in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations by creditors using their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with your credit card. Therefore, if you’re trying build a better standing on credit scores, you could set you back while you’re finishing your credit card debt.
CureDebt doesn’t even offer a mobile application. While they have a client website, it looks old and mundane. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on these kinds of services. In addition, their 20% service fee is cheaper than most companies that offer a 25% fee. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
Although they’ll give you an account so that you can track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which would make it easier to track your performance. Advocate Tax Relief
But, they do have a good support team and can be reached them not only through emails but also via phone or making an e-ticket. Advocate Tax Relief
If your problem of debt is an problem, then we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they offer are available in your state.
FAQ Advocate Tax Relief
How long will it take to complete the program?
The average program is between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax issues and garnishments on wages.
What should I do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce the amount of debt you have over time.