Are you experiencing debt that has 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 most cases, the best option is to speak with experts who can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they can assist you or help you get into more debt.
According to their customers, they can help you control the majority of your debt so that you can take couple of things off your shoulders.
But for some people they believe these claims are too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at the way CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before beginning the review, you can watch this video instead 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 will want to read the rest of the article for a more comprehensive review.
About the Company Easy Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. They also provide other services that can help you be more financially stable.
It all begins by requesting a free savings estimate online. It is a completely private service and they will not be doing a credit check. With this estimate of savings you’ll be able to learn more about the alternatives to be debt-free.
This estimate of savings, as we’ve mentioned before, gives you the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration if you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement plan, CuraDebt will be the agency to answer all of the calls from your creditors. They’ll be the ones who will determine the terms of your settlement depending on the condition of your financial situation. Based on what works best for you, it can be either a lump sum settlement or the option of a payment plan.
Furthermore, they will work with lenders to help you enjoy better rates when you make deposits to your savings account. This in turn, will process to pay off the creditors. The plans they offer can help you pay off the debt in two years.
After 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 avail of their program, you’ll need to pass their requirements first. For eligibility, you’ll have 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?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf to settle all kinds of debt. This includes personal loans, medical bills credit cards as well as loans. They can also be approached to pay off any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. But, you won’t receive support for most claims, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you pay off debts with less than the sum you have. They also allow you to inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of the program is that you will only be charged when your debt is paid off. All you have to do is sign up with one of their plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation They will also gather all the paperwork you’ll need to file tax returns.
By using this program, you will be able to solve various tax issues such as garnishments on wages and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges either. They only offer flat-fee prices and is dependent on the amount you’ll have to pay.
There are a variety of options when it comes to settling your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t cater to all types of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your debt or loan is tied to an actual item.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any problems. Furthermore, this service is available to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also help resolve your medical debt. In certain cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any student loans that they owe.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their service. They do not charge an upfront cost. Only pay when you settle each of your outstanding debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in 2 to 4 years. This varies in relation to the amount you save per month.
Additionally, they claim that you can save up to 30% by incorporating their costs into your calculations.
However, this statement will depend on the situation. Some customers even claimed to save between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Additionally 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 option to rebuild your credit score without having to go in debt again. However, the program runs different for every person, depending on your situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the assistance of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop paying with the credit card you use. Therefore, if you’re trying build a better credit score, it may delay you from getting rid of your obligations.
CureDebt also doesn’t have a mobile app available. While they have a client website but it’s outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more for these types of services. Additionally their 20% service cost is less expensive than the majority of firms that charge a 25% fee. There is no upfront payment, and you will only have to pay when the debt is settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app, which will make it easier to monitor your progress.
They do have a great support team that you can contact them not only through emails but by phone or by sending an e-ticket. Easy Tax Relief
If credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Easy Tax Relief
How long will it take to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs to help you with problems such as late payroll taxes and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.