Are you experiencing debt that has increased lately? Are you exhausted from trying various financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
In most cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they are able to help or put you in more debt.
According to their clients they can help you manage 80percent of your debt , so you can take couple of things off your mind.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of how CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before starting the review, you can watch 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 check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Can Tax Relief Companies Really Help
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. But they offer other services that will assist you in becoming financially stable.
It all begins by requesting a free online savings estimate. This service is very confidential and they will not be conducting a credit screening. By using this estimate of savings, you will be able to learn more about the alternatives towards debt-free.
Savings estimates, which was mentioned before, gives you an idea of your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement program, CuraDebt can be the agency to answer all of your creditor’s calls. They’ll be the ones who will determine the terms of your payment based on the status of your financial situation. In determining which option is the most effectively to you, this can be either a lump sum settlement or a payment plan.
Furthermore they will be working with creditors so that you can enjoy better rates when you deposit money to your savings account. This in turn, will process to pay back the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is sign in to CuraDebts’ client portal to track your performance.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with your debt. They can negotiate settlements on your behalf to settle most types of debt. This includes medical bills, personal loans credit cards and also lines of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government, collateral, and utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like those of 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 in order to get cash settlements, if they are possible. Some violations can also result in having your debts also dismissed.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to ask questions during their free consultation with their debt advisor.
The greatest benefit of their program is that you will only pay the fees when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you should be able to deal with different types of taxes such as wage garnishments as well as tax penalties for personal and corporate taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices, which depends on the amount you’ll need to settle.
There are a variety of options when it comes to paying off taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
While debt settlement is their specialty however, they do not offer all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if the loan or debt is linked to a physical item.
If you do have the following types of debt, they will arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without difficulty. Furthermore, this service is available to all 50 states in the event that you owe money in arrears to IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt will also help you resolve your medical debt. In certain cases, you may even pay them for less than what you have to pay.
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.
Payday loans and personal loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with 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 they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
They also don’t charge high costs either. On average, you’ll be required 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.
In addition, customers can expect to pay off their debts in two to four years. This varies in relation to the amount you can save up per month.
Also, they claim you can save up to 30% by incorporating their charges into your calculation.
But this claim will also depend on the situation. Some customers even claimed to save 50% to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. In addition they only charge an amount of 20%, while many companies charge 25 percent.
Then, if you’re done by the program for debt relief, you may also sign up for their credit restoration program.
It’s a fantastic way to restore your credit without having to go back into debt. However, the program lasts differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the assistance of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with . If you’re trying to improve your standing on credit scores, you could cause you to delay finishing your obligations.
CureDebt does not have a mobile app available. While they have a website that clients can access however, it appears aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re 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 pay off your debts without spending more on those types of services. Moreover, their 20% service charge is lower than many firms that charge an additional 25% charge. There are no upfront payments and you’ll only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account to see your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app that would make it easier to track your progression. Can Tax Relief Companies Really Help
They do have a competent support staff that you can contact them not just via email but by phone or by sending an electronic ticket. Can Tax Relief Companies Really Help
If debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your area.
FAQ Can Tax Relief Companies Really Help
How long does it take to finish the program?
The program typically takes between 24 and 48 months depending on the amount of your debt and the stipulated settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems like delinquent tax issues and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower the amount of debt you have over time.