Have your debts been piling up lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your best way is to approach experts who can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they are able to help or put you into more debt.
According to their clients they can help you control the majority of your debt , so you can finally take a few things off of your shoulders.
But for some people the claims seem too good to be true.
If you’re looking for anything that can help you resolve your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper review of how CuraDebt is used and the problems it can solve for you.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, you can watch this video instead if you prefer watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Civic Tax Relief Ratings
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. However, they also offer additional services to assist you in becoming financially secure.
It all starts by requesting a no-cost online savings estimate. The service is completely confidential and won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your other options in your journey towards debt-free.
The savings estimate, as we’ve mentioned before, gives you the opportunity to consider your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help you with credit arbitration if you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt will be the company to handle all of the calls from your creditors. They’ll be the ones who will determine conditions of the payment depending on the condition of your financial situation. Depending on which works best to you, this can either be a lump sum settlement or an installment plan.
Additionally they will also be working with the creditors so that you can have better rates as you make deposits to your savings account. This in turn, will be processed to pay creditors. Their plans can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you have to do is login to CuraDebts’ client portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans credit cards and also loans. They are also able to help settle any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations could cause your debt to be also dismissed.
CuraDebt also allows you to repay debt for less than the amount you have. Additionally, you can have questions answered during a free consult with their debt counsellor.
The most appealing aspect of their program is that you only have to pay for the charges once your debt is settled. All you have to sign up to some of their programs, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you will be able to deal with different types of taxes 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 hidden fees neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you have to pay.
There are a variety of options in the settlement of taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to offer all kinds of settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if the debt or loan is tied to an item that is physical.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to settle taxes that are due without any issues. Furthermore, this 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 can also assist in settling any medical-related debt. In certain cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students negotiate any loans they owe.
Personal loans and payday loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your outstanding debts.
Also, they don’t have high-cost costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim that you can save up to 30% by incorporating their charges into your calculation.
But this claim will also depend on your specific situation. Some customers even claimed to save 50% to up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore, they only charge a 20% fee while the majority of companies charge 25%.
If you’re finished with the debt settlement program you could join their credit repair program.
It’s an excellent option to rebuild the credit rating without going into debt again. However, the program runs different for every person, depending on your situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also investigate any creditor violations with the assistance of their own experts.
The drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with . If you’re trying to increase your standing on credit scores, you may set you back while you’re finishing your obligations.
CureDebt does not offer a mobile application. Although they have a website for clients but it’s aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more for these types of services. Moreover, their 20% service charge is cheaper than most firms that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress, their website is not easy to navigate. CuraDebt isn’t even an app, which will make it easier to track your progression.
They do have a competent support staff that you can contact them not just via email but also via phone or sending an electronic ticket. Civic Tax Relief Ratings
If problem of debt is an problem, then we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services that they provide are offered in your area.
FAQ Civic Tax Relief Ratings
What is the time frame to finish the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that will assist you with issues such as late payroll taxes and garnishments on wages.
What’s the first thing I have 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 reduce the amount of debt you have over time.