Has your debt been increasing lately? Are you burnt out from trying other financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve already tried every thing.
In most cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether 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 couple of things off your plate.
For some they believe these claims are too good to be true.
If you’re looking for something that will assist you in paying off your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at the way 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, you can 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Embasyy Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. But they offer other services that can assist you in becoming financially stable.
First of all, it begins with requesting a free online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. With this savings estimate, you will discover more about alternatives towards debt-free.
Savings estimates, which was mentioned previously, offers you an idea of your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt will be the agency to answer all of your creditor’s calls. They’ll be the ones who will negotiate the terms of your settlement in accordance with the state of your financial situation. Depending on which works most effectively your situation, the payment could either be a lump sum settlement or a payment plan.
Additionally they will also be working with the lenders to help you have better rates as you transfer money into your savings account. This, is then processed to pay off the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve signed up with them, they’ll provide you with access to your information 24/7. All you have to do is sign in to CuraDebts the client portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to satisfy their criteria first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills, credit cards and also line of credit. They can also be approached to pay off any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive support for most cases, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of 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 creditor violations to ensure that you receive cash settlements, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt also allows you to settle debt with less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt counselor.
The greatest benefit of their program is that you’ll only be charged when your debt is paid off. All you need to sign up for some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial documentation, they will also collect all the documents you’ll require to file tax returns.
With this program, you will be able to deal with various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing, which depends on the amount you have to pay.
There are a variety of options when it comes to paying off the tax debt. Here are 6 of them:
- 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?
While debt settlement is their forte however, they do not cater to all types of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if the credit or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay taxes that are due without any problems. Additionally, this service is accessible across all 50 states, if you owe money in arrears to IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also help resolve the medical bills. In some instances, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students with negotiating any loans they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they don’t charge high costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15 and 25 percentage.
Moreover, clients can expect to settle their debts within between 2 and 4 years. But, it also differs according to the amount you save per month.
Also, they claim that you can save as much as 30% by incorporating their costs into your calculations.
However, this statement will vary, depending on your specific situation. Some customers even claimed to save 50% to 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25 percent.
If you’re finished in the process of debt resolution you may also sign up for their credit repair program.
It’s a great way to restore the credit rating without having to go into debt again. The program is however designed in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using your credit card. So if you’re trying to build a better standing on credit scores, you may set you back while you’re getting rid of your obligations.
CureDebt also doesn’t have a mobile app available. Although they have a client website, it looks outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more for these types of services. Additionally their 20% service cost is lower than many firms that charge the 25% cost. There is no upfront payment, 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 however, their website isn’t user-friendly. CuraDebt isn’t even an app that would make it easier to track your progress.
But, they do have a good support team that you can contact them not just via email but by phone or by sending an electronic ticket. Embasyy Tax Relief
If the credit card is a major problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Embasyy Tax Relief
What is the time frame to complete the course?
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 assist with state tax problems?
Sure, CuraDebt provides tax relief programs to assist you with issues like delinquent tax issues and garnishments on wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down your debt over time.