Have your debts been piling up lately? Are you exhausted from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can help you or help you get into more debt.
According to their clients, they can assist you in managing the majority of your debt so that you can take couple of w
orries off your plate.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll take a deeper study of how CuraDebt works and what problems it can solve for you.
Moreover, before we end, 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Cost Of Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that can help you be more financially stable.
The process starts by requesting a no-cost savings estimate online. The service is completely confidential and won’t be doing a credit check. With this savings estimate you’ll learn more about your alternatives towards debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help 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 program is completed, CuraDebt will be the one to handle all of your creditor’s calls. They’ll also be the ones who determine conditions of the settlement depending on the condition of your finances. Depending on which works best your situation, the payment could be either a lump sum settlement or a payment plan.
Furthermore, they will be working with lenders to help you have better rates as you make deposits to 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 48 months.
Once you’ve signed up with them, they will allow you access to your information 24/7. All you have to do is log in to CuraDebts the client portal so that you can monitor your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. They can help with medical bills, personal loans credit cards and also line of credit. They can also be approached to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. But, you won’t 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 will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, should it be possible. Some violations can also lead to having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. Additionally, you can have questions answered during a free meeting with their debt counsellor.
The greatest benefit of their plan is that you’ll only pay the fees after your debt has been settled. All you have to sign up to any of the plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
With this program, you’ll be able to resolve various tax issues such as wage garnishments and tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount that you’ll have to pay.
There are a variety of options for paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their specialty however, they do not cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They won’t be able to help you if your loan or debt is linked to an item that is physical.
However, if you have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without difficulty. Additionally, this service is accessible to all 50 states in the event that you have a debt towards the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling your medical debt. In some cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students in negotiating any student loans that they are owed.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you settle each of your outstanding debts.
Also, they don’t have high-cost charges either. On average, you’ll be required to pay up to 20 percent of the debt you settled through them.
On average, this type of industry charges between 15% and 25%.
Moreover, clients can expect to settle their debt from two to four years. However, this also varies according to the amount you are able to save each month.
Also, they claim you can save as much as 30% when you factor in their costs into your calculations.
But this claim will also depend on the situation. Some customers even claimed to save 50 to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Additionally they charge only a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief you could enroll in their credit restoration program.
It’s a great option to rebuild your credit without going into debt again. However, the program runs different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any violations of creditor using their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using your credit card. Therefore, if you’re trying improve your credit score, it may delay you from working on your debt.
CureDebt also doesn’t have a mobile app. Although they have a website that clients can access but it’s aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more on those types of services. Moreover, their 20% service fee is less expensive than the majority of companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay when the debt is paid off.
While they’ll provide you with an account to see your progress, their website is not user-friendly. CuraDebt isn’t even an app, which would make it easier to monitor your progression.
However, they have a good support team and can be reached them not only through emails but also via phone or making an e-ticket. Cost Of Tax Relief
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they offer are available in your area.
FAQ Cost Of Tax Relief
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt has a tax relief program to help you with problems such as late payroll tax and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to pay down the amount of debt you have over time.