Has your debt been piling up lately? Are you burnt out from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of 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 help you manage the majority of your debts so that you are able to take couple of worries off your plate.
However, for certain people they believe these claims are too good to be true.
If you’re looking for anything that can aid you in settling your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper review of how CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
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 check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Cheap Tax Relief
CuraDebt is a company that provides debt relief 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.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. But they offer other services that will help you be more financially secure.
First of all, it begins with requesting a free online savings estimate. It is a completely private service, and they won’t be conducting a credit screening. By using this estimate of savings, you will discover more about alternatives to be debt-free.
The savings estimate, as we’ve 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 and a support team to assist you with credit arbitration if you decide to join. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement plan, CuraDebt is the one to answer all of your creditor’s calls. They’ll also be the ones who will determine the terms of your repayment depending on the condition of your financial situation. Depending on which works most effectively for you, it can be a lump-sum settlement or a payment plan.
Additionally they will be working with the creditors so that you can have better rates as you transfer money into your savings account. This is then processed to pay off the creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve registered with them, they’ll allow you access to your data 24/7. All you have to do is login to CuraDebts the client portal to monitor your progress.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans credit cards, and also line of credit. They can also be approached to pay off any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive assistance for the majority cases, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use 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 possible. Certain violations may result in having your debts removed as well.
CuraDebt lets you pay off debts with less than the amount you own. You can also have questions answered during a free consult with their debt advisor.
The most appealing aspect of their program is that you’ll only have to pay for the charges once your debt is settled. All you have 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 deal with the tax liabilities you have. After they have gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need to file 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 and back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options for settling taxes. Here are 6 options:
- 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?
Although debt settlement is their specialty but they aren’t able to cater to all types of debt settlement. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your credit or loan is tied to an actual item.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able to settle your past-due tax debts without any problems. Additionally, this service is available to all 50 states in the event that you owe money in arrears to IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any loans they are owed.
Payday loans and personal loans are also eligible for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way the company has priced its services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your outstanding debts.
They also don’t have high-cost fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled with them.
In general, this type of industry can charge anywhere from 15% to 25 percent.
Moreover, clients can expect to settle their debt from two to four years. However, this also varies according to the amount you save per month.
They also claim that you can save as much as 30% when you factor in their fees in your equation.
However, the claim may vary, depending on the situation. Some customers have even talked about saving 50% to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished by the program for debt relief you could enroll in their credit restoration program.
It’s a great method to improve your credit without going back into debt. However, the program runs different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also be looking into any violations of creditor with the assistance of their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with your credit card. If you’re trying to improve your standing on credit scores, you may delay you from getting rid of your obligations.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access however, it appears aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more for these types of services. Additionally their 20% service fee is cheaper than most businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is settled.
Although they’ll give you an account to see your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app, which will make it easier to look at your progress. Cheap Tax Relief
They do have a good support team and can be reached them not only through emails but by phone or by submitting an e-ticket. Cheap Tax Relief
If the problem of debt is an problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ Cheap Tax Relief
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that can help you with problems like delinquent taxes and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.