Has your debt been piling up lately? Are you exhausted from trying various financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve 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 frequently contacted companies. Many people are asking if they can help you or help you get into more debt.
According to their clients, they can help you control the majority of your debt , so you can finally take a couple of worries off your shoulders.
For some, 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. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, check out this video instead for a more relaxing way 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company E-Worker Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a part 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, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. However, they also offer other services that will help you be more financially secure.
It all begins by requesting a free online savings estimate. The service is completely confidential, and they won’t be conducting a credit screening. With this estimate of savings you’ll be able to discover more about other options in your journey towards debt-free.
Savings estimates, as mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to sign up. Some financial advisors can help you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt can be the agency to answer all of your creditor’s calls. They will also be the ones that will determine the terms of your payment in accordance with the state of your finances. Depending on which works best to you, this could be either a lump sum settlement or an installment plan.
Moreover they will also be working with creditors so that you can have better rates as you transfer money into your savings account. This in turn, will process to pay off creditors. Their programs can assist you to settle the debt within 48 months.
After you’ve registered with them, they will allow you access to your information 24/7. All you have to do is sign in to CuraDebts’ client portal to monitor your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for all kinds of debt. This includes medical bills, personal loans credit cards and lines of credit. You can also approach them to help settle any remaining balance on business debt, collections, or repossessions.
They can even help negotiate for back taxes as well as IRS debt. But, you won’t receive assistance for the majority of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, if possible. Certain violations could result in having your debts removed as well.
CuraDebt lets 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 most appealing aspect of their plan is that you only have to pay for the charges once your debt is settled. All you have to do is sign up with one of their 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. After they have gathered all your financial records, they will also collect all the necessary paperwork for tax returns.
Through this program, you will be able to solve the various types of tax problems such as wage garnishments as well as tax penalties for personal and taxation for business, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges either. They only use flat-fee pricing that is based on the amount you need to settle.
They offer different options in settling taxes. Here are 6 of them:
- 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 forte, they don’t provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if the debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able to settle tax debts that were due to be paid without any issues. Moreover, this type of service is accessible across all 50 states, if you have a debt to the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt will also help you 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 cater to federal student loans. They can however assist private students in negotiating the student loans they have to pay.
Personal and payday loans also qualify for the debt settlement program. You can also avail if you have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, 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 is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
Also, they do not charge high fees as well. In the average, you’ll need to pay up to 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere between 15 and 25%.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. This varies depending on the amount that you are able to save each month.
They also claim you can save as much as 30% when you factor in their costs into your calculations.
However, this statement will differ based on your situation. Some customers even claimed to save between 50% and up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. Additionally they only charge an amount of 20%, while many companies charge 25 percent.
If you’re finished by the program for debt relief you can enroll in their credit restoration program.
It’s an excellent option to rebuild the credit rating without having to go in debt again. However, the program lasts in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also be looking into any violations by creditors using their in-house experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using . If you’re trying to improve your rating on your credit, this may delay you from finishing your debt.
CureDebt does not have a mobile app available. While they have a website that clients can access however, it appears old and mundane. It’s not very intuitive, and it can be difficult to navigate.
In addition, they’re not accredited with the 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. Additionally the 20% service fee is less expensive than the majority of businesses that charge an additional 25% charge. There is no upfront payment, and you will only be required to pay once the debt is paid off.
While they’ll provide you with an account to see your progress, their website is not simple to navigate. CuraDebt isn’t even an app, which will make it easier to monitor your performance.
They do have a good support team that you can contact them not just via email but by phone or by making an electronic ticket. E-Worker Tax Relief
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your area.
FAQ E-Worker Tax Relief
How long does it take to complete the program?
The program typically takes 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt has a tax relief program that can assist you with issues like delinquent tax issues and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce your debt over time.