Have your debts increased lately? Are you burnt out from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because tried everything.
In the majority of cases, your best way is to approach professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people have been inquiring whether they are able to help or help you get into more debt.
According to their clients, they can help you manage the majority of your debts so that you can take few things off of your mind.
For some they believe these claims are too good to be true.
If you’re looking for something that will assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, you can watch this video instead if you 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.
About the Company Are Tax Relief Companies Best Way To Go With Irs Tax Relieve
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. They also provide other services that will help you be more financially stable.
The process begins by requesting a free online savings estimate. The service is completely confidential and they will not be doing a credit check. With this savings estimate you’ll discover more about alternatives to be debt-free.
Savings estimates, which was mentioned previously, offers you the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration if you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program, CuraDebt will be the company to take care of all your creditor’s calls. They will also be the ones that negotiate what you will pay for your repayment based on the status of your finances. Based on what works most effectively to you, this can either be a lump sum settlement or the option of a payment plan.
Additionally they will be working with lenders to help you have better rates as you make deposits to your savings account. This, in turn, will be processed to pay the creditors. Their programs can assist you to get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal to track your performance.
Before you are able to avail the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes medical bills, personal loans credit cards, as well as line of credit. They can also be approached to pay off any remaining amount on business debts and collections or repossessions.
They can even help negotiate for back taxes as well as IRS debt. But, you won’t receive assistance for the majority claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of 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 can also assist you in identifying the violations of creditors in order to get cash settlements, if possible. Certain violations could result in having your debts also dismissed.
CuraDebt lets you repay debt for less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
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 have to sign up for one of their plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documentation They will also gather all the documents you’ll require to file tax returns.
With this program, you’ll be able to deal with various tax issues such as wage garnishments and tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices, which depends on the amount you must settle.
There are a variety of options in settling 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 types of debt are they able to help with?
Although debt settlement is their forte however, they do not offer all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They won’t be able to assist you if your loan or debt is linked to a physical item.
If you do have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any problems. Additionally, this service is available to all 50 states if you owe money in arrears to IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In certain cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate any student loans that they owe.
Personal and payday loans also qualify 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 and private-label credit cards CuraDebt can 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 an upfront fee. You’ll only pay once you have paid off all of your debts.
Additionally, they don’t have high-cost charges either. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
On average, this type of industry charges from 15% to 25%.
Moreover, clients can expect to pay off their debts in 2 to 4 years. But, it also differs depending on the amount that you are able to save each month.
They also claim that you can save up to 30% if you include their costs into your calculations.
However, this statement will vary, depending on the situation. Some customers even claimed to save 50% to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they charge only an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution, you can enroll in their credit restoration program.
It’s a fantastic way to restore your credit score without having to go back into debt. However, the program lasts different for every person according to your personal situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any violations by creditors with the assistance of their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using the credit card you use. Therefore, if you’re trying build a better rating on your credit, this could set you back while you’re finishing your credit card debt.
CureDebt doesn’t even offer a mobile application. While they have a website for clients however, it appears outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more on these kinds of services. Moreover their 20% service cost is cheaper than most companies that offer a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress, their website is not simple to navigate. CuraDebt isn’t even an app that could make it easier for you to monitor your performance.
However, they have a competent support staff, and you can reach them, not only via emails but also by phone or sending an electronic ticket. Are Tax Relief Companies Best Way To Go With Irs Tax Relieve
If your credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Are Tax Relief Companies Best Way To Go With Irs Tax Relieve
How long will it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to aid you in dealing with problems such as late payroll taxes and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down your debt over time.