Are you experiencing debt that has been piling up lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because tried everything.
In most cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their clients they can help you manage the majority of your debt so that you are able to take few things off of your mind.
For some, these claims are just too good to be true.
If you’re looking for anything that can assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt works and what problems it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before you begin the review, you can watch this video instead if you prefer to watch it.
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 overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Better Businesd Bureau Tax Debt Relief Companies
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through 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 settle your debt is the most well-known feature. They also provide additional services to aid you in becoming more financially stable.
The process begins by requesting a free savings estimate on the internet. It is a completely private service and won’t conduct a credit inquiry. By using this estimate of savings you’ll learn more about your alternatives to debt-free.
Savings estimates, which was mentioned earlier, provides you with an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with the process of credit arbitration should you choose to join. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt will be the company to take care of all your creditors’ calls. They will also be the ones that determine the terms of your settlement in accordance with the state of your financial situation. In determining which option is the best your situation, the payment could be a lump-sum settlement or an installment plan.
Moreover they will be working with the creditors so that you can enjoy better rates when you make deposits to your savings account. This in turn, will process to pay the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you need to do is sign in to CuraDebts Client Portal so that you can monitor your development.
Before you are able to avail the program, you’ll have to pass their requirements first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills credit cards, and lines of credit. They are also able to pay off any remaining balance on business debt, collections, or repossessions.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance for the majority claims, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you have. Additionally, you can ask questions during their free consult with their debt counsellor.
The most appealing aspect of their plan is that you’ll only pay the fees once your debt is settled. All you have to sign up for one of their plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
With this program, you will be able to solve the various types of tax problems like garnishments on wages as well as tax penalties for personal and corporate taxes and back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices and is dependent on the amount you’ll need to settle.
They have different solutions when it comes to settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
While debt settlement is their forte, they don’t offer all kinds in debt resolution. CuraDebt concentrates on debt that is not secured. They can’t help you if your loan or debt is linked to an actual item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without difficulty. Additionally, this service is offered to all 50 states if you have a debt in arrears to 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 might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate any loans they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
Also, they don’t charge high charges either. On average, you’ll have to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15 and 25 percentage.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. This varies according to the amount you are able to save each month.
Also, they claim that you could save as much as 30% when you factor in their costs into your calculations.
But this claim will also vary, depending on your situation. Some customers even claimed to save 50 to 80percent.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Furthermore, 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 could also sign up for their credit repair program.
It’s a great way to restore your credit score without going into debt again. However, the program runs differently for each person according to your personal situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also be looking into any violations of creditor using their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using . Therefore, if you’re trying improve your standing on credit scores, you may delay you from working on your obligations.
CureDebt doesn’t even have a mobile app available. While they do have a website for clients, it looks outdated and basic. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more for these types of services. In addition, their 20% service cost is less expensive than the majority of businesses that charge a 25% fee. There is no upfront payment and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app, which will make it easier to monitor your performance.
But, they do have a competent support staff, and you can reach them not only through emails but by phone or by sending an electronic ticket. Better Businesd Bureau Tax Debt Relief Companies
If credit card is a major problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Better Businesd Bureau Tax Debt Relief Companies
How long will it take to finish the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt offers a program for tax relief that will assist you with issues like delinquent tax issues and garnishments of wages.
What’s the first thing I have 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.