Are you experiencing debt that has been increasing lately? Are you tired of trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they are able to help or put you in more debt.
According to their clients, they can assist you in managing 80percent of your debts so that you can take few things off of your plate.
But for some people they believe these claims are too good to be true.
You might be looking for anything that can aid you in settling your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can help you solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before beginning the review, check out this video instead in case you would prefer for it to be watched.
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 will want to read the rest of our article for a more comprehensive review.
About the Company Ca Protection Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. But they offer additional services to assist you in becoming financially stable.
First of all, it begins by requesting a free savings estimate online. This service is very confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about the alternatives towards debt-free.
This estimate of savings, as mentioned previously, offers you an idea of your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help you with credit arbitration if you decide to join. Some financial advisors can help you with your debt-free journey.
After your debt settlement program, CuraDebt can be the one to handle all of your creditor’s calls. They will be the ones who determine what you will pay for your payment depending on the condition of your financial situation. In determining which option is the most effectively your situation, the payment could either be a lump sum settlement or a payment plan.
Furthermore they will work with creditors so that you can have better rates as you transfer money into your savings account. This is then processed to pay back creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have to do is sign in to CuraDebts the client portal to monitor your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. For eligibility, you’ll have to meet the following criteria:
- 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 aid you.
The name of the company suggests that CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include personal loans, medical bills credit cards, and also line of credit. They can also be approached to help settle any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get support for most cases, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors so that you can have cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt counsellor.
The best part about their program is that you only be charged when your debt is paid off. All you need to sign up for any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
By using this program, you will be able to deal with different types of taxes like wage garnishments and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
There are a variety of options 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 abatements
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your debt or loan is tied to a physical item.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without difficulty. Additionally, this service is offered to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students in negotiating any loans they are owed.
Personal loans and payday loans also qualify to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their services. They don’t charge upfront fees. Only pay when you’ve paid each of your debts.
They also don’t charge high fees as well. On average, you’ll have to pay as much as 20% of the debt you settled with them.
On average, this type of industry can charge anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. This varies depending on the amount that you save per month.
They also claim that you can save up to 30% by incorporating their costs into your calculations.
However, the claim may depend on your situation. Some customers have even talked about saving 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. In addition, they only charge an amount of 20%, while the majority of companies charge 25%.
If you’re finished in the process of debt resolution, you could also sign up for their credit restoration program.
It’s a great way to restore the credit rating without having to go in debt again. However, the program lasts different for every person according to your personal situation.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the assistance of their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using . Therefore, if you’re trying increase your standing on credit scores, you might set you back while you’re working on your credit card debt.
CureDebt doesn’t even have a mobile app. While they do have a website for clients but it’s outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more for these types of services. Additionally, their 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app that would make it easier to monitor your progress.
However, they have a good support team that you can contact them not just via email but by phone or by submitting an electronic ticket. Ca Protection Tax Relief
If the credit card is a major problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ Ca Protection Tax Relief
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 aid with tax problems in the state?
Sure, CuraDebt has a tax relief program that can aid you in dealing with problems such as delinquent payroll tax and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.