Are you experiencing debt that has been increasing lately? Are you tired of trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because already tried everything.
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 companies that get the most inquiries. Many customers have asked if they can help you or put you into more debt.
According to their customers, they can help you control 80percent of your debt so that you can take few things off of your mind.
But for some people the claims seem too good to be true.
If you’re looking for anything that can aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt is used and the problems it can help you solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, go to this video if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, 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 Cpa Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that will assist you in becoming financially secure.
The process starts by requesting a no-cost online savings estimate. It is a completely private service and they will not conduct a credit inquiry. By using this estimate of savings, you will discover more about options towards debt-free.
The savings estimate, as we’ve mentioned before, gives you an idea of your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement plan, CuraDebt will be the agency to answer all of your creditor’s calls. They’ll also be the ones that will negotiate what you will pay for your settlement in accordance with the state of your finances. Depending on which works best your situation, the payment could either be a lump sum settlement or the option of a payment plan.
Additionally they will also be working with creditors to ensure that you enjoy better rates when you make deposits to your savings account, which in turn, will process to pay back the creditors. Their plans can help you settle the debt within two years.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to monitor your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. They can help with personal loans, medical bills, credit cards and lines of credit. You can also approach them to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you won’t get assistance with the majority cases, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, if they are possible. Some violations can also cause your debt to be also dismissed.
CuraDebt lets you pay off debts with less than the sum you have. They also allow you to ask questions during their free consult with their debt counsellor.
The greatest benefit of the program is that you’ll only pay the fees after your debt has been settled. All you have to do is sign up with one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documents, they will also collect all the paperwork you’ll need for tax returns.
Through this program, you will be able to resolve different types of taxes such as wage garnishments as well as tax penalties for personal and taxation for business, 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 and is dependent on the amount you need to settle.
They offer different options for 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 types of debt are they able to help with?
Although debt settlement is their specialty however, they do not cater to all types of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if the loan or debt is linked to a physical item.
If, however, you are in one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay your past-due tax debts without difficulty. Additionally, 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 the issues.
CuraDebt can also help resolve your medical debt. In some instances you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students in negotiating any student loans that they owe.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You may also be eligible the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Also, they do not charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt you settled with them.
In general, this type of industry charges between 15% and 25%.
In addition, customers can expect to pay off their debts in two to four years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim that you can save as much as 30% by incorporating their costs into your calculations.
However, the claim may vary, depending on the situation. Some customers even claimed to save between 50% and 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they only charge a 20% fee while most companies charge you 25%.
If you’re finished in the process of debt resolution you may join their credit repair program.
It’s a great option to rebuild your credit without having to go into debt again. However, the program lasts different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also look into any creditor violations with the help of their in-house experts.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with . If you’re trying to improve your credit score, it might cause you to delay working on your debt.
CureDebt does not have a mobile app available. While they have a client website however, it appears aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on those types of services. In addition the 20% service fee is less expensive than the majority of companies that offer a 25% fee. There aren’t any upfront fees and you’ll only have to pay when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which would make it easier to track your progression. Cpa Tax Relief
However, they have a good support team and can be reached them, not only via emails but also by phone or submitting an electronic ticket. Cpa Tax Relief
If the credit card is a major issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Cpa Tax Relief
How long does it take to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt has a tax relief program that will assist you with issues like delinquent taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with the team and make the necessary payments to reduce your debt over time.