Have your debts been piling up lately? Are you burnt out from trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already 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. Many people have been inquiring whether they can help you or put you into more debt.
According to their clients they can help you control 80% of your debt so that you can finally take a few things off of your mind.
However, for certain people they believe these claims are too good to be true.
You might be looking for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at the way CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before beginning the review, you can watch this video instead in case you would prefer for it to be watched.
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 review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Best Tax Relief Attorney In Austin Texas
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active member of 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 limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. However, they also offer other services that can help you be more financially stable.
It all begins with requesting a free savings estimate on the internet. The service is completely confidential and they will not conduct a credit inquiry. With this savings estimate you’ll be able to discover more about other options in your journey to be debt-free.
This estimate of savings, as mentioned previously, offers you an idea of your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the company to handle all of the calls from your creditors. They will also be the ones who determine conditions of the settlement depending on the condition of your financial situation. Depending on which works most effectively to you, this can be either a lump sum settlement or the option of a payment plan.
Furthermore they will work with creditors to ensure that you get better rates when you make deposits to your savings account. This, in turn, will be processed to pay back creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they will allow you access to your data 24/7. All you have to do is sign in to CuraDebts Client Portal to track your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle all kinds of debt. This includes personal loans, medical bills credit cards, and lines of credit. They can also be approached to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority cases, government loans or collateral, as well as 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 can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you own. Additionally, you can have questions answered during a free consult with their debt counselor.
The greatest benefit of the program is that you’ll only have to pay for the charges when your debt is paid off. All you have to sign up to any of the plans, and you’ll be able resolve all of 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 to file tax returns.
Through this program, you’ll be able to solve the various types of tax problems such as garnishments on wages and tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing that is based on the amount that you’ll need to settle.
They have different solutions in the settlement of the 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 kind of debt are they able to help with?
Although debt settlement is their specialization, they don’t provide all kinds of settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if your credit or loan is tied to an actual item.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle tax debts that were due to be paid without any problems. 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 to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In some instances, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students in negotiating the student loans they are owed.
Payday loans and personal loans also qualify 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 another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you settle each of your debts.
Additionally, they do not charge high costs either. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
On average, this type of industry can charge anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debt from two to four years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim that you could save as much as 30% by incorporating their costs into your calculations.
However, this statement will depend on your specific situation. Some clients even mentioned saving between 50% and 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas many companies charge 25%.
Next, if you’re done by the program for debt relief you can join their credit repair program.
It’s a great method to improve your credit without going in debt again. The program is however designed different for every person according to your personal situation.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations of creditor with the help of their own experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements 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 cause you to delay getting rid of your debt.
CureDebt does not have a mobile app available. While they have a website for clients, it looks outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on these kinds of services. In addition the 20% service fee is cheaper than most businesses that charge a 25% fee. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account to see your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app that could make it easier for you to look at your progress.
However, they have a good support team, and you can reach them not just via email but also via phone or making an e-ticket. Best Tax Relief Attorney In Austin Texas
If your credit card is a major problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your area.
FAQ Best Tax Relief Attorney In Austin Texas
What is the time frame to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt has a tax relief program to aid you in dealing with problems such as late payroll tax and wage garnishments.
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 lower your debt over time.