Has your debt increased lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is among 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 80% of your debt so that you can take couple of w
orries off your shoulders.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of how CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before beginning the review, go to this video 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. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Direct Tax Relief Are They Good Company
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 by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide other services that will assist you in becoming financially stable.
It all begins with requesting a free online savings estimate. The service is completely confidential, and they won’t conduct a credit inquiry. With this estimate of savings, you will be able to learn more about the other options in your journey to debt-free.
Savings estimates, which was mentioned earlier, provides you with an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration if you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program, CuraDebt will be the agency to take care of all the calls from your creditors. They will also be the ones that determine the terms of your repayment in accordance with the state of your financial situation. In determining which option is the most effectively to you, this could be either a lump sum settlement or an installment plan.
Moreover they will also be working with lenders to help you have better rates as you transfer money into your savings account. This, is then processed to pay creditors. Their plans can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to monitor your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. This includes medical bills, personal loans credit cards, and line of credit. They are also able to settle any outstanding balance of business debt collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. However, you won’t get support for most cases, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can 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 to ensure that you receive cash settlements, if they are possible. Certain violations may cause your debt to be also dismissed.
CuraDebt can also help you repay debt for less than the amount you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt counsellor.
The greatest benefit of the program is that you will only have to pay for the charges when your debt is paid off. All you need to sign up to any of the plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require to file tax returns.
By using this program, you’ll be able to deal with different types of taxes such as wage garnishments and tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices that is based on the amount you have to pay.
There are a variety of options when it comes to 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 can they assist you with?
While debt settlement is their forte, they don’t cater to all types of debt settlement. CuraDebt concentrates on unsecured debt. They can’t assist you if your credit or loan is tied to a physical item.
If, however, you are in the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any issues. Additionally, this service is offered across all 50 states, if you owe money towards the IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students negotiate any student loans that they owe.
Personal loans and payday loans also qualify 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 financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card CuraDebt will help you pay it off.
How much will it cost?
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 settle each of your debts.
Additionally, they don’t charge high fees as well. On average, you’ll be required to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25%.
In addition, customers can expect to settle their debt from between 2 and 4 years. However, this also varies in relation to the amount you save per month.
Additionally, they claim that you could save up to 30% by incorporating their charges into your calculation.
However, the claim may depend on your situation. Some customers even claimed to save 50% to up to 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Furthermore they only charge an amount of 20%, while many companies charge 25%.
Then, if you’re done with the debt settlement program you can enroll in their credit restoration program.
It’s an excellent way to restore your credit score without going into debt again. The program is however designed different for every person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also investigate any violations by creditors with the assistance of their own experts.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with your credit card. If you’re trying to improve your standing on credit scores, you could delay you from getting rid of your obligations.
CureDebt also doesn’t have a mobile app. While they have a client website however, it appears outdated and basic. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more on these kinds of services. Moreover their 20% service fee is lower than many businesses that charge a 25% fee. There are no upfront payments, and you will only have to pay when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which could make it easier for you to track your progress.
However, they have a good support team, and you can reach them not just via email but also by phone or submitting an electronic ticket. Direct Tax Relief Are They Good Company
If the credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services that they provide are offered in your state.
FAQ Direct Tax Relief Are They Good Company
How long does it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll tax issues and garnishments of wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with the team and pay the required payments to lower your debt over time.