Has your debt been increasing lately? Are you tired of trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because tried every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they can assist you or put you into more debt.
According to their customers, they can help you control 80percent of your debt so that you can finally take a couple of things off your mind.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll take a deeper review of how CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, you can check out this video instead for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Civic Tax Relief Better Business Bureau
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. They also provide other services that will assist you in becoming financially secure.
It all begins with requesting a free online savings estimate. It is a completely private service, and they won’t be doing a credit check. With this estimate of savings, you will learn more about your other options in your journey to debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an insight into your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration if you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement plan, CuraDebt is the agency to answer all of your creditors’ calls. They’ll also be the ones that will negotiate conditions of the repayment based on the status of your financial situation. Depending on which works best your situation, the payment can be either a lump sum settlement or a payment plan.
Furthermore, they will be working with the lenders to help you enjoy better rates when you deposit money to your savings account. This, in turn, will process to pay the creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is log in to CuraDebts the client portal to monitor your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable 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 will assist you in dealing with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include medical bills, personal loans credit cards, as well as loans. They are also able to pay off any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of 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 debtors who are in violation in order to get cash settlements, if possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of the program is that you’ll only be charged after your debt has been settled. All you need to sign up to 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 the tax liabilities you have. Once they’ve gathered all your financial records They will also gather all the necessary paperwork for tax returns.
Through this program, you’ll be able to resolve various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing, which depends on the amount that you’ll have to pay.
There are a variety of options for settling the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to cater to all types in debt resolution. CuraDebt is only focused on unsecured debt. They won’t be able to help you if the debt or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to pay taxes that are due without any problems. Moreover, this type of service is accessible to all 50 states in the event that you owe money towards the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students with negotiating the student loans they owe.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you settle each of your outstanding debts.
Also, they do not charge high costs either. In the average, you’ll need to pay as much as 20 percent of the debt you settled with them.
On average, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debts within two to four years. This varies according to the amount you save per month.
They also claim you can save as much as 30% by incorporating their charges into your calculation.
However, this statement will differ based on your situation. Some customers even claimed to save 50% to 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you could also sign up for their credit repair program.
It’s a great option to rebuild your credit score without having to go into debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the help of their experts in-house.
Some disadvantages to the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using your credit card. So if you’re trying to increase your rating on your credit, this could set you back while you’re getting rid of your debt.
CureDebt also doesn’t have a mobile app available. While they have a client website, it looks old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. Additionally, their 20% service charge is cheaper than most firms that charge a 25% fee. There are no upfront payments, and you will only be required to pay once your debt is finally settled.
While they’ll provide you with an account to see your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app that could make it easier for you to monitor your progression.
They do have a good support team, and you can reach them, not only via emails but also by phone or making an electronic ticket. Civic Tax Relief Better Business Bureau
If the problem of debt is an problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your state.
FAQ Civic Tax Relief Better Business Bureau
What is the time frame to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt has a tax relief program to aid you in dealing with problems such as delinquent payroll tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down your debt over time.