Have your debts been piling up lately? Are you tired of trying other financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In most cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. 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 control the majority of your debt so that you are able to take couple of things off your mind.
But for some people they believe these claims are too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt works and what problems it can solve for you.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, go to this video if you 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 review. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Best Rated Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become 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 imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. But they offer additional services to help you be more financially stable.
First of all, it starts by requesting a no-cost savings estimate online. It is a completely private service, and they won’t conduct a credit inquiry. With this savings estimate you’ll learn more about your alternatives to debt-free.
Savings estimates, which was mentioned previously, offers you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with credit arbitration in the event that you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program, CuraDebt will be the one to take care of all the calls from your creditors. They will be the ones who negotiate what you will pay for your repayment in accordance with the state of your financial situation. Based on what works best for you, it could either be a lump sum settlement or an installment plan.
Moreover, they will work with creditors so that you can have better rates as you deposit money to your savings account. This, is then processed to pay back creditors. Their programs can assist you to settle the debt within the period of 48 months.
Once you’ve signed up with them, they will give you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills, credit cards as well as lines of credit. They are also able to pay off any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not receive assistance for the majority cases, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, if possible. Certain violations could cause your debt to be also dismissed.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can have questions answered during a free meeting with their debt counsellor.
The greatest benefit of their plan is that you only have to pay for the charges once your debt is settled. All you have to sign up to any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to deal with the various types of tax problems like garnishments on wages and tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
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 abatements
- Currently non-collectible
What types of debt can they help you with?
Although debt settlement is their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt is only focused on unsecured debt. They won’t be able to help you if your debt or loan is tied to an item that is physical.
If you do have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to settle your past-due tax debts without difficulty. Moreover, this type of service is accessible to all 50 states if you have a debt to the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling your medical debt. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any student loans that they are owed.
Personal and payday loans also qualify for the debt settlement program. You can also avail if you have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
Also, they do not charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percentage.
Moreover, clients can expect to pay off their debts in 2 to 4 years. However, this also varies depending on the amount that you can save up per month.
They also claim that you can save as much as 30% by incorporating their fees in your equation.
However, the claim may depend on your situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished by the program for debt relief, you may enroll in their credit repair program.
It’s an excellent option to rebuild the credit rating without going into debt again. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any violations by creditors with the assistance of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with the credit card you use. Therefore, if you’re trying increase your standing on credit scores, you might delay you from finishing your obligations.
CureDebt doesn’t even have a mobile app available. While they do have a client website but it’s old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more on those types of services. Additionally their 20% service charge is cheaper than most companies that offer a 25% fee. There is no upfront payment and you’ll only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt does not have an app yet, which could make it easier for you to look at your performance.
But, they do have a competent support staff and can be reached them not only through emails but also via phone or making an electronic ticket. Best Rated Tax Relief
If your debt is a big problem right now, we recommend CuraDebt’s service. Make sure you’re qualified and that the services they provide are in your state.
FAQ Best Rated Tax Relief
How long will it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that will assist you with issues such as late payroll tax and garnishments of 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 the amount of debt you have over time.