Are you experiencing debt that has been piling up lately? Are you burnt out from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many people have been inquiring whether they are able to help or put you into more debt.
According to their clients, they can help you manage 80percent of your debt so that you can finally take a couple of w
orries off your plate.
But for some people, these claims are just too good to be true.
You might be looking for something that will assist you in paying off your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll take a deeper review of the way CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before starting the review, check out this video instead in case you would prefer to watch it.
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’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Cost Of Tax Relief Services
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. They also provide additional services to assist you in becoming financially secure.
It all starts by requesting a no-cost savings estimate online. The service is completely confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about your options towards debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an idea of your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration if you decide to join. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt is the one to handle all of your creditor’s calls. They’ll also be the ones that will negotiate what you will pay for your repayment in accordance with the state of your financial situation. Based on what works best to you, this can be a lump-sum settlement or the option of a payment plan.
Furthermore they will be working with the creditors so that you can enjoy better rates when you transfer money into your savings account, which is then processed to pay back creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve registered with them, they will allow you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to track your progress.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing with debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills, credit cards as well as line of credit. They can also be approached to pay off any remaining balance on business debt and collections or repossessions.
They can even help negotiate on tax owed as well as IRS debt. However, you won’t get assistance with the majority of your lawsuits, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors so that you can have cash settlements, if they are possible. Certain violations may lead to having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you have. They also allow you to ask questions during their free meeting with their debt counselor.
The greatest benefit of their plan is that you will only be charged after your debt has been settled. 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 will also handle taxes. Once they’ve gathered all your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you should be able to resolve the various types of tax problems like garnishments on wages as well as tax penalties for personal and corporate taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges also. They use only flat-fee pricing, which depends on the amount you must settle.
They offer different options for settling the tax debt. Here are 6 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?
Although they specialize in debt settlement, it is not their specialty, they don’t offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if the debt or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without any issues. Moreover, this type of service is accessible to all 50 states in the event that you owe money towards the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt will also help you resolve your medical debt. In some instances you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students negotiate any student loans that they owe.
Personal loans and payday loans also qualify as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you settle each of your outstanding debts.
Additionally, 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 with them.
In general, this type of industry charges between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debt from two to four years. But, it also differs in relation to the amount you are able to save each month.
Additionally, they claim that you could save as much as 30% when you factor in their charges into your calculation.
But this claim will also differ based on your situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, let’s look into the advantages of using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition they only charge an amount of 20%, while the majority of companies charge 25%.
If you’re finished with the debt settlement program, you can also sign up for their credit repair program.
It’s an excellent method to improve your credit without going into debt again. However, the program lasts in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using the credit card you use. If you’re trying to increase your standing on credit scores, you might set you back while you’re getting rid of your obligations.
CureDebt also doesn’t have a mobile app. While they have a website that clients can access but it’s outdated and basic. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on those types of services. Moreover their 20% service fee is lower than many businesses that charge a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once the debt is paid off.
While they’ll provide you with an account to see your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which could make it easier for you to track your progress.
But, they do have a great support team that you can contact them not only through emails but also via phone or making an e-ticket. Cost Of Tax Relief Services
If credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your state.
FAQ Cost Of Tax Relief Services
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that can assist you with issues such as delinquent payroll tax and wage garnishments.
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 the team and make the necessary payments to pay down the amount of debt you have over time.