Are you experiencing debt that has been piling up lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their customers, they can help you manage 80percent of your debt , so you can finally take a couple of w
orries off your plate.
However, for certain people the claims seem too good to be true.
You might be looking for any solution that could aid you in settling your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at how CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can check out this video instead for a more relaxing way watching it.
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 the article for a more comprehensive review of CuraDebt.
About the Company Best Tax Relief Reviews
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and 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 CuraDebt’s most known feature. However, they also offer other services that will help you be more financially secure.
The process begins by requesting a free online savings estimate. The service is completely confidential and they will not be conducting a credit screening. With this savings estimate you’ll learn more about your alternatives to debt-free.
This estimate of savings, as mentioned previously, offers you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration if you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program, CuraDebt is the one to take care of all your creditors’ calls. They will be the ones who will negotiate the terms of your settlement based on the status of your financial situation. Depending on which works best your situation, the payment could be either a lump sum settlement or a payment plan.
Additionally, they will be working with lenders to help you enjoy better rates when you transfer money into your savings account. This in turn, will be processed to pay off the creditors. Their plans can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is login to CuraDebts Client Portal to track your development.
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CuraDebt’s Requirements
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the various ways CuraDebt can aid you.
Debt Relief
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. These include personal loans, medical bills, credit cards and line of credit. You can also approach them to settle any outstanding balance on business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive assistance with the majority of your lawsuits, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation in order to get cash settlements, should it be possible. Certain violations could result in having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the sum you have. You can also inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of the program is that you only pay the fees when your debt is paid off. All you have to sign up to some of their programs, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
Through this program, you will be able to solve various tax issues such as 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 also. They only use flat-fee pricing and is dependent on the amount you must settle.
There are a variety of options in settling your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to offer all kinds of settlement. CuraDebt is only focused on debt that is not secured. They won’t be 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’ll negotiate settlements on your behalf.
Tax Debt
With CuraDebt the service, you’ll be able to pay taxes that are due without any problems. Additionally, this service is offered 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.
Medical Debt
CuraDebt can also assist in settling your medical debt. In certain cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students in negotiating any loans they owe.
Personal Loan
Personal and payday loans also qualify as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you got from a different bank or financial institution.
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 will it cost you?
The best part 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 debts.
They also don’t have high-cost fees as well. On average, you’ll be required to pay up to 20 percent of the debt you settled with them.
On average, this type of business can cost anywhere between 15% and 25%.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. However, this also varies according to the amount you save per month.
Also, they claim that you can save as much as 30% by incorporating their costs into your calculations.
However, this statement will differ based on your situation. Some customers even claimed to save 50% to 80%.
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Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. In addition they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution you may also sign up for their credit repair program.
It’s a great method to improve your credit without going into debt again. The program is however designed different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations of creditor using their own experts.
Drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with . Therefore, if you’re trying improve your rating on your credit, this might delay you from working on your obligations.
CureDebt doesn’t even have a mobile app. While they do have a website that clients can access, it looks aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on those types of services. In addition the 20% service cost is less expensive than the majority of firms that charge the 25% cost. There are no upfront payments, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account so that you can track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app, which could make it easier for you to monitor your performance.
However, they have a great support team and can be reached them, not only via emails but also via phone or submitting an electronic ticket. Best Tax Relief Reviews
If credit card is a major problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they offer are available in your state.
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FAQ Best Tax Relief Reviews
How long does it take to finish the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt has a tax relief program to help you with problems such as late payroll tax and garnishments of wages.
What should I do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.