Are you experiencing debt that has been piling up lately? Are you exhausted from trying various financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many customers have asked if they can help you or put you into more debt.
According to their customers, they can assist you in managing 80% of your debt , so you can take couple of w
orries off your shoulders.
However, for certain 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 scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, you can check out this video instead if you prefer for it to be watched.
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. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Emergency Relief Tax
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. However, they also offer other services that can help you be more financially secure.
First of all, it begins by requesting a free online savings estimate. This service is very confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about your other options in your journey to be debt-free.
The savings estimate, which was mentioned previously, offers you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to join. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt will be the agency to answer all of your creditor’s calls. They will also be the ones that negotiate conditions of the repayment based on the status of your financial situation. In determining which option is the best your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Furthermore they will also work with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This, in turn, will process to pay the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to pass their requirements first. For eligibility, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf for most types of debt. They can help with medical bills, personal loans, credit cards and also lines of credit. They can also be approached to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate on tax owed as well as IRS debt. But, you won’t receive support for most cases, 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 can also assist you in identifying debtors who are in violation in order to get cash settlements, should it be possible. Certain violations may result in having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of their plan is that you will only pay the fees when your debt is paid off. All you need to sign up to one of their plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial documents They will also gather all the paperwork you’ll need for tax returns.
By using this program, you should be able to deal with different types of taxes like wage garnishments, tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees also. They only use flat-fee pricing that is based on the amount that you’ll need to settle.
They have different solutions in settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their specialization however, they do not offer all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They won’t be able to assist you if your loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to settle taxes that are due without any issues. Additionally, this service is available across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also help resolve the medical bills. In some cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students negotiate the student loans they owe.
Personal and payday loans also qualify for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines you obtained 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.
How much will it cost?
The greatest thing about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your debts.
Also, they don’t charge high charges either. On average, you’ll be required to pay between 20 and 20% of the debt you settled with them.
On average, this type of business can cost anywhere between 15 and 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. However, this also varies according to the amount you can save up per month.
Also, they claim you can save as much as 30% by incorporating their fees in your equation.
However, this statement will differ based on your specific situation. Some clients even mentioned saving 50 to 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program, you can join their credit restoration program.
It’s an excellent method to improve the credit rating without having to go into debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations by creditors using their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using . If you’re trying to increase your credit score, it may cause you to delay working on your credit card debt.
CureDebt does not have a mobile app. Although they have a website that clients can access but it’s outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on those types of services. In addition, their 20% service fee is less expensive than the majority of businesses that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee 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 simple to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to monitor your progress.
However, they have a competent support staff, and you can reach them, not only via emails but by phone or by sending an e-ticket. Emergency Relief Tax
If your debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Emergency Relief Tax
What is the time frame to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt provides tax relief programs that will aid you in dealing with problems like delinquent tax and wage garnishments.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down your debt over time.