Have your debts been piling up lately? Are you exhausted from trying other financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because been through everything.
In the majority of cases, your best option is to speak with experts who can assist you settle this issue.
CuraDebt is one of the most asked companies. Many people are asking if they can assist you or put you into more debt.
According to their clients, they can help you control 80percent of your debt , so you can finally take a few things off of your mind.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before starting the review, go to this video in case you would prefer watching it.
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 review. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Defenders Of Freedom Tax Relief Act
CuraDebt is a company that provides debt relief from 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 through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. However, they also offer other services that can assist you in becoming financially stable.
It all starts by requesting a no-cost savings estimate online. It is a completely private service and 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 towards debt-free.
The savings estimate, as we’ve mentioned previously, offers you the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration if you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement program, CuraDebt is the company to handle all of the calls from your creditors. They will be the ones who negotiate conditions of the repayment based on the status of your finances. Depending on which works most effectively to you, this could be a lump-sum settlement or the option of a payment plan.
Moreover they will also work with creditors to ensure that you enjoy better rates when you make deposits to your savings account, which in turn, will process to pay off creditors. Their programs can assist you to pay off the debt in the period of 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 progress.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards, as well as line of credit. They can also be approached to pay off any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like the 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, if possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you pay off debts with less than the amount you own. They also allow you to have questions answered during a free consult with their debt advisor.
The best part about the program is that you’ll only be charged when your debt is paid off. All you have to do is sign up with any of the plans and you’ll be able to resolve all 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 documentation, they will also collect all the necessary paperwork for tax returns.
By using this program, you should be able to resolve various tax issues like garnishments on wages as well as tax penalties for personal and business taxes and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing, which depends on the amount that you’ll must settle.
They have different solutions in the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
While debt settlement is their specialization but they aren’t able to provide all kinds in debt resolution. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if your debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any problems. Furthermore, this service is offered to all 50 states in the event that you owe money in arrears to IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt can also assist in settling any medical-related debt. In certain cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students with negotiating the student loans they owe.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you settle each of your outstanding debts.
They also don’t charge high costs either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
On average, this type of business can cost anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. However, this also varies according to the amount you can save up per month.
Also, they claim that you can save up to 30% when you factor in their charges into your calculation.
However, this statement will differ based on your specific situation. Some customers even claimed to save 50% to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. Additionally they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program you may also sign up for their credit restoration program.
It’s a fantastic way to restore your credit score without going in debt again. However, the program lasts differently for each person according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also be looking into any creditor violations with the help of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with . If you’re trying to build a better rating on your credit, this may cause you to delay finishing your obligations.
CureDebt does not have a mobile app. Although they have a website that clients can access, it looks old and mundane. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more for these types of services. Moreover, their 20% service cost is cheaper than most businesses that charge the 25% cost. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to track your progression.
However, they have a competent support staff, and you can reach them not just via email but also by phone or making an e-ticket. Defenders Of Freedom Tax Relief Act
If problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs they provide are in your area.
FAQ Defenders Of Freedom Tax Relief Act
How long will it take to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems like delinquent taxes and garnishments of wages.
What should I do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower the amount of debt you have over time.