Are you experiencing debt that has increased lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, the best option is to speak with experts who can assist you settle 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 put you in more debt.
According to their clients, they can assist you in managing the majority of your debt so that you can take few things off of your mind.
For some, these claims are just too good to be true.
You might be looking for any solution that could help you resolve your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can check out this video instead if you prefer watching it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Better Business Bureau Ratings For Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. However, they also offer additional services to aid you in becoming more financially secure.
It all begins with requesting a free savings estimate online. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings, you will discover more about other options in your journey to be debt-free.
This estimate of savings, as we’ve mentioned before, gives you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt can be the one to answer all of the calls from your creditors. They will also be the ones that negotiate conditions of the payment depending on the condition of your finances. Based on what works best your situation, the payment can either be a lump sum settlement or a payment plan.
Furthermore they will work with creditors so that you can get better rates when you deposit money to your savings account, which in turn, will process to pay back creditors. Their plans can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll provide you with access to your data 24/7. All you have to do is sign in to CuraDebts Client Portal to monitor your progress.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on behalf of you for all kinds of debt. This includes personal loans, medical bills credit cards, and also line of credit. You can also approach them to pay off any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating on tax owed and IRS debt. However, you won’t get assistance with the majority claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, if possible. Certain violations may cause your debt to be removed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. Additionally, you can ask questions during their free meeting with their debt counselor.
The greatest benefit of the program is that you will only be charged after your debt has been settled. All you need to do is sign up with one of their plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation They will also gather all the documents you’ll require for tax returns.
Through this program, you should be able to deal with various tax issues like garnishments on wages and tax penalties, personal and business taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices that is based on the amount that you’ll must settle.
There are a variety of options in settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
While debt settlement is their specialization but they aren’t able to provide all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your loan or debt is linked to a physical item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any issues. Furthermore, this service is available to all 50 states in the event that you owe money towards the IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In certain cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating the student loans they owe.
Personal loans and payday loans are also eligible for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The best part about CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your outstanding debts.
Also, they do not charge high costs either. On average, you’ll have to pay up to 20% of the debt you settled through them.
In general, this type of industry charges between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. This varies depending on the amount that you are able to save each month.
Additionally, they claim that you could save as much as 30% if you include their charges into your calculation.
However, this statement will differ based on the situation. Some customers have even talked about saving between 50% and 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge a 20% fee while most companies charge you 25 percent.
If you’re finished with the debt settlement program, you can enroll in their credit repair program.
It’s a fantastic option to rebuild your credit score without having to go into debt again. However, the program lasts different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any violations by creditors using their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with . Therefore, if you’re trying build a better rating on your credit, this may cause you to delay finishing your debt.
CureDebt does not offer a mobile application. While they do have a website for clients but it’s aged and simple. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. In addition, their 20% service charge is cheaper than most companies that offer a 25% fee. There is no upfront payment, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress, their website is not user-friendly. CuraDebt also doesn’t have an app that will make it easier to monitor your progress.
However, they have a great support team and can be reached them not only through emails but by phone or by submitting an electronic ticket. Better Business Bureau Ratings For Tax Relief
If your debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services they offer are available in your area.
FAQ Better Business Bureau Ratings For Tax Relief
How long will 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 the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt offers a program for tax relief that will assist you with issues such as delinquent payroll taxes and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower the amount of debt you have over time.