Has your debt been piling up lately? Are you tired of trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most asked companies. Many people are asking if they can help you or help you get into more debt.
According to their customers, they can help you control 80% of your debts so that you are able to take few things off of your shoulders.
But for some people they believe these claims are too good to be true.
You might be looking for something that will help you resolve your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt works and what problems it could help solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before beginning the review, you can go to this video in case you would prefer watching it.
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 of CuraDebt.
About the Company American Tax Relief Shut Down
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that will assist you in becoming financially stable.
First of all, it begins by requesting a free online savings estimate. This service is very confidential, and they won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about the other options in your journey towards debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an idea of your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating credit arbitration if you decide to sign up. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program, CuraDebt can be the company to answer all of the calls from your creditors. They will also be the ones that negotiate the terms of your settlement based on the status of your financial situation. Based on what works best to you, this could be a lump-sum settlement or an installment plan.
Moreover, they will work with creditors so that you can enjoy better rates when you transfer money into your savings account. This, in turn, will process to pay off the creditors. Their plans can help you pay off the debt in 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you have to do is login to CuraDebts’ client portal so that you can monitor your performance.
Before you are able to avail 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 requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills credit cards, and loans. They can also be approached to settle any outstanding balance of business debt collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. However, you will not receive support for most of your lawsuits, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt advisor.
The most appealing aspect of their program is that you’ll only have to pay for the charges once your debt is settled. All you have to sign up to one of their plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
By using this program, you will be able to solve the various types of tax problems such as wage garnishments as well as tax penalties for 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 that you’ll have to pay.
They have different solutions when it comes to paying off your tax debt. 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 are they able to help with?
While debt settlement is their specialty however, they do not cater to all types in debt resolution. CuraDebt only focuses on loans that are not secured. They can’t help you if the debt or loan is tied to a physical item.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without difficulty. Additionally, this service is accessible across all 50 states, if you have a debt towards the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In certain cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students in negotiating any student loans that they are owed.
Payday loans and personal loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from a different 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 can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
They also don’t charge high charges either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled through them.
In general, this type of industry charges from 15% to 25 percentage.
Additionally, customers can anticipate to pay off their debts in two to four years. However, this also varies in relation to the amount you save per month.
They also claim that you could save as much as 30% by incorporating their fees in your equation.
However, this statement will differ based on your situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while many companies charge 25 percent.
Next, if you’re done in the process of debt resolution you may join their credit restoration program.
It’s a fantastic option to rebuild the credit rating without going back into debt. However, the program runs differently for each person according to your personal situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations by creditors using their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with your credit card. So if you’re trying to build a better rating on your credit, this might set you back while you’re getting rid of your debt.
CureDebt doesn’t even have a mobile app. Although they have a website that clients can access, it looks old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on those types of services. In addition their 20% service cost is less expensive than the majority of companies that offer the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app that will make it easier to look at your progress. American Tax Relief Shut Down
They do have a great support team that you can contact them not only through emails but by phone or by making an electronic ticket. American Tax Relief Shut Down
If the problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services that they provide are offered in your area.
FAQ American Tax Relief Shut Down
How long will it take to finish the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt has a tax relief program to assist you with issues like delinquent tax issues and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.