Are you experiencing debt that has been piling up lately? Are you burnt out from trying other financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their customers, they can help you manage 80% of your debt so that you can take few things off of your mind.
However, for certain people, these claims are just too good to be true.
If you’re looking for any solution that could help you resolve your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at the way CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before beginning the review, you can check out this video instead 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’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Best Tax Debt Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. But they offer other services that will help you be more financially stable.
The process begins with requesting a free savings estimate online. This service is very confidential and they will not conduct a credit inquiry. With this savings estimate you’ll learn more about your alternatives to debt-free.
Savings estimates, which was mentioned before, gives you an idea of your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt can be the one to answer all of your creditors’ calls. They will also be the ones that will determine the terms of your settlement depending on the condition of your financial situation. Based on what works best to you, this could be a lump-sum settlement or a payment plan.
Additionally they will also work with lenders to help you enjoy better rates when you transfer money into your savings account, which in turn, will be processed to pay off the creditors. The plans they offer can help you settle the debt within two years.
Once you’ve signed up with them, they’ll allow you access to your data 24/7. All you have to do is login to CuraDebts Client Portal to monitor your development.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills credit cards, and line of credit. They are also able to settle any outstanding balance of business debt, collections, or repossessions.
They can even help negotiate on tax owed and IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if they are possible. Some violations can also cause your debt to be removed as well.
CuraDebt also allows you to settle debt with less than the amount you have. You can also ask questions during their free meeting with their debt advisor.
The best part about their plan is that you will only pay the fees after your debt has been settled. All you have to do is sign up with one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to deal with various tax issues like garnishments on wages, tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They use only flat-fee pricing and is dependent on the amount you’ll have to pay.
They have different solutions for 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 are they able to help with?
While debt settlement is their forte but they aren’t able to offer all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your debt or loan is tied to an actual item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle taxes that are due without difficulty. Furthermore, this service is available to all 50 states in the event that you have a debt to the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt can also help resolve any medical-related debt. In some instances, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students in negotiating any loans they are owed.
Personal and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards CuraDebt will 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 don’t charge upfront fees. 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 up to 20 percent of the debt that you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percentage.
In addition, customers can expect to settle their debts within two to four years. But, it also differs in relation to the amount you are able to save each month.
Also, they claim that you can save as much as 30% if you include their charges into your calculation.
But this claim will also differ based on your situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution you can join their credit repair program.
It’s an excellent way to restore your credit score without going into debt again. The program is however designed differently for each person according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations by creditors with the help of their experts in-house.
The drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with the credit card you use. If you’re trying to improve your standing on credit scores, you could set you back while you’re working on your obligations.
CureDebt does not offer a mobile application. Although they have a client website however, it appears outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more on these kinds of services. Moreover, their 20% service charge is lower than many companies that offer a 25% fee. There are no upfront payments, and you will only have to pay the fee when the debt is settled.
Although they’ll give you an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app that would make it easier to look at your progression. Best Tax Debt Relief
However, they have a great support team, and you can reach them not just via email but also via phone or making an electronic ticket. Best Tax Debt Relief
If the debt is a big problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they provide are in your state.
FAQ Best Tax Debt Relief
How long does it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt provides tax relief programs that can help you with problems such as late payroll taxes and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to reduce your debt over time.