Has your debt been increasing lately? Are you exhausted from trying different financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, your best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted 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 the majority of your debt so that you are able to take couple of things off your plate.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt is used and the problems it could help solve.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before you begin the review, check out this video instead if you prefer to watch 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. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Claim Tax Relief By Post
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. But they offer other services that will help you be more financially secure.
It all 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 your other options in your journey to be debt-free.
The savings estimate, as mentioned earlier, provides you with an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt is the agency to answer all of your creditor’s calls. They’ll also be the ones that determine the terms of your payment depending on the condition of your finances. Depending on which works most effectively for you, it could either be a lump sum settlement or an installment plan.
Additionally they will work with lenders to help you enjoy better rates when you deposit money to your savings account. This, in turn, will process to pay back creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they will provide you with access to your data 24/7. All you need to do is log in to CuraDebts’ client portal to track your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to be:
- At least 21 years old
- Verifiable income
- Have a minimum debt 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 help you deal your debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with medical bills, personal loans credit cards as well as loans. They are also able to help settle any remaining balance on business debt and collections or repossessions.
They can even help negotiate with back taxes and IRS debt. However, you won’t get support for most of your lawsuits, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors in order to get cash settlements, should it be possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you own. Additionally, you can inquire about your debt during their no-cost consultation with their debt counsellor.
The most appealing aspect of their program is that you only be charged when your debt is paid off. All you need to do is sign up with any of the plans and you’ll be able settle each 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 documentation They will also gather all the paperwork you’ll need for tax returns.
With this program, you’ll be able to deal with various tax issues like wage garnishments, tax penalties, personal and taxation for business as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you must settle.
They have different solutions for paying off your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their specialty, they don’t offer all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They can’t assist you if your debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any issues. Furthermore, this service is available to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt will also help you resolve your medical debt. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students in negotiating the student loans they are owed.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards, CuraDebt can assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Also, they do not charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of industry charges between 15 and 25 percentage.
In addition, customers can expect to pay off their debts in two to four years. This varies depending on the amount that you save per month.
Also, they claim you can save up to 30% if you include their fees in your equation.
However, this statement will depend on the situation. Some customers have even talked about saving 50% to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Additionally they charge only an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done with the debt settlement program, you could also sign up for their credit restoration program.
It’s a fantastic method to improve the credit rating without going into debt again. However, the program runs differently for each person according to your personal situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any violations of creditor with the help of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. If you’re trying to increase your credit score, it could cause you to delay finishing your debt.
CureDebt also doesn’t offer a mobile application. While they do have a website for clients but it’s aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more for these types of services. Additionally their 20% service charge is less expensive than the majority of businesses that charge an additional 25% charge. There is no upfront payment and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt does not have an app that will make it easier to monitor your progression.
However, they have a good support team that you can contact them, not only via emails but by phone or by sending an e-ticket. Claim Tax Relief By Post
If credit card is a major problem right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they provide are in your state.
FAQ Claim Tax Relief By Post
What is the time frame to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt offers a program for tax relief that will help you with problems such as late payroll tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce your debt over time.