Has your debt been piling up lately? Are you burnt out from trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because already tried everything.
In the majority of cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the most asked companies. A lot of customers have asked 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 you can finally take a couple of things off 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 suggested by people. We’ll take a deeper look at the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before starting the review, watch this video instead if you prefer watching it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Double Tax Relief Corporation Tax
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established 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 CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. However, they also offer other services that will assist you in becoming financially stable.
First of all, it begins by requesting a free savings estimate online. The service is completely confidential and won’t be conducting a credit screening. By using this estimate of savings, you will learn more about your alternatives towards debt-free.
The savings estimate, as mentioned previously, offers you an idea of your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration if you decide to join. Some financial advisors can help you in your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the agency to handle all of the calls from your creditors. They’ll also be the ones that will negotiate the terms of your settlement based on the status of your finances. Based on what works most effectively to you, this could be a lump-sum settlement or an installment plan.
Furthermore, they will work with creditors to ensure that you get better rates when you deposit money to your savings account. This, is then processed to pay creditors. The plans they offer can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal so that you can monitor your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with 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 as well as loans. They can also be approached to help settle any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get support for most cases, loans from the government or collateral, as well as 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 debtors who are in violation so that you can have cash settlements, if possible. Certain violations could result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the sum you have. You can also inquire about your debt during their no-cost consult with their debt counsellor.
The best part about the program is that you will only pay the fees when your debt is paid off. All you need to sign up for some of their programs, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you will be able to deal with different types of taxes such as wage garnishments as well as tax penalties for personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you’ll have to pay.
They offer different 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 abatement
- Currently non-collectible
What types of debt are they able to help with?
Although debt settlement is their specialty but they aren’t able to offer all kinds of settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if your debt or loan is tied to a physical item.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off taxes that are due without difficulty. Additionally, this service is available across all 50 states, if you have a debt in arrears to IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt can also assist in settling the medical bills. In some instances you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate any student loans that they are owed.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
Additionally, they do not charge high fees as well. On average, you’ll be required to pay up to 20% of the debt you settled with them.
On average, this type of industry can charge anywhere between 15% and 25 percentage.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you save per month.
Additionally, they claim that you can save up to 30% when you factor in their costs into your calculations.
However, the claim may differ based on the situation. Some clients even mentioned saving between 50% and 80percent.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done with the debt settlement program you can join their credit repair program.
It’s a fantastic way to restore your credit score without having to go back into debt. However, the program lasts in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any violations by creditors with the help of their own experts.
The drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with . Therefore, if you’re trying increase your standing on credit scores, you may cause you to delay getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a website for clients, it looks outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they were awarded an A+ rating.
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 the 20% service charge is cheaper than most businesses that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is settled.
Although they’ll give you an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app that could make it easier for you to track your performance. Double Tax Relief Corporation Tax
But, they do have a good support team that you can contact them not only through emails but by phone or by submitting an e-ticket. Double Tax Relief Corporation Tax
If the debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ Double Tax Relief Corporation Tax
How long does it take to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems such as delinquent payroll tax and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to lower the amount of debt you have over time.