Has your debt been increasing lately? Are you exhausted from trying other financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people are asking if they can assist you or put you into more debt.
According to their customers, they can help you control the majority of your debt , so you can take couple of w
orries off your mind.
But for some people the claims seem too good to be true.
You might be looking for something that will aid you in settling your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before you begin the review, you can watch this video instead for a more relaxing way 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’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Avoiding Ato Tax Debt Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you settle your debt is the most popular 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 they will not conduct a credit inquiry. With this savings estimate you’ll learn more about your other options in your journey to debt-free.
This estimate of savings, as mentioned before, gives you an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt will be the agency to take care of all your creditor’s calls. They will also be the ones who will determine the terms of your settlement based on the status of your financial situation. Depending on which works best to you, this can either be a lump sum settlement or the option of a payment plan.
Moreover, they will be working with lenders to help you get better rates when you make deposits to your savings account. This, in turn, will process to pay back the creditors. Their programs can assist you to settle the debt within 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal to monitor your progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the different ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills, credit cards as well as loans. They can also be approached to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation so that you can have cash settlements, if possible. Certain violations may lead to having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the sum you have. They also allow you to inquire about your debt during their no-cost meeting with their debt counsellor.
The greatest benefit of their program is that you’ll only have to pay for the charges after your debt has been settled. All you need to sign up for some of their programs, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documents, they will also collect all the paperwork you’ll need to file tax returns.
Through this program, you will be able to deal with various tax issues like garnishments on wages, tax penalties, personal and business taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
They offer different options for the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialization, they don’t cater to all types of debt settlement. 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 an item that is physical.
If you do have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any problems. Furthermore, this service is accessible to all 50 states if you have a debt in arrears to IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any loans they are owed.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you settle each of your debts.
Additionally, they don’t charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
In general, this type of industry charges from 15% to 25 percentage.
Moreover, clients can expect to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you are able to save each month.
They also claim you can save up to 30% by incorporating their charges into your calculation.
But this claim will also depend on your situation. Some customers even claimed to save between 50% and 80percent.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. In addition they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished with the debt settlement program you could also sign up for their credit repair program.
It’s a great way to restore your credit score without going in debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also investigate any creditor violations with the assistance of their in-house experts.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with the credit card you use. If you’re trying to improve your credit score, it might delay you from working on your obligations.
CureDebt doesn’t even offer a mobile application. While they have a client website, it looks old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more on these kinds of services. In addition their 20% service cost is lower than many companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app that would make it easier to look at your performance.
They do have a good support team that you can contact them not just via email but by phone or by sending an e-ticket. Avoiding Ato Tax Debt Relief
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs they offer are available in your area.
FAQ Avoiding Ato Tax Debt Relief
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 stipulated settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt provides tax relief programs that can assist you with issues such as late payroll taxes and garnishments on wages.
What do I need to do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to lower the amount of debt you have over time.