Have your debts increased lately? Are you tired of trying various financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, the best option is to speak with experts who can assist to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they are able to help or help you get into more debt.
According to their clients they can assist you in managing the majority of your debts so that you can take couple of worries off your shoulders.
But for some people they believe these claims are 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 highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before beginning the review, you can watch this video instead for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Federal Tax Debt Relief
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 is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. They also provide other services that can help you be more financially secure.
First of all, it begins with requesting a free savings estimate on the internet. This service is very confidential and they will not conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your other options in your journey to be debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an insight into your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the agency to take care of all the calls from your creditors. They’ll also be the ones that determine the terms of your payment based on the status of your financial situation. Based on what works most effectively for you, it can be either a lump sum settlement or the option of a payment plan.
Moreover they will also be working with the creditors so that you can enjoy better rates when you deposit money to your savings account. This in turn, will process to pay back creditors. Their programs can assist you to settle the debt within 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal to track your development.
Before you can benefit from their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- 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 the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with personal loans, medical bills credit cards, as well as loans. You can also approach them to pay off any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you won’t get assistance with the majority cases, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if possible. Certain violations could cause your debt to be also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. Additionally, you can ask questions during their free consultation with their debt counsellor.
The most appealing aspect of their program is that you only be charged when your debt is paid off. All you need to sign up to any of the plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
Through this program, you should be able to resolve various tax issues such as garnishments on wages, tax penalties, personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges either. They only use flat-fee pricing, which depends on the amount you’ll need to settle.
They have different solutions when it comes to settling 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 kinds of debts are they able to help with?
While debt settlement is their specialty however, they do not cater to all types of debt settlement. CuraDebt concentrates on debt that is not secured. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
If you do have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any issues. Furthermore, this service is accessible to all 50 states if you have a debt to the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some instances, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students negotiate any loans they have to pay.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
They also do not charge high charges either. In the average, you’ll need to pay up to 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs according to the amount you can save up per month.
Also, they claim you can save as much as 30% if you include their charges into your calculation.
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 offer you let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Additionally they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished with the debt settlement program, you may also sign up for their credit repair program.
It’s a great way to restore the credit rating without going into debt again. However, the program runs differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations of creditor using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with . If you’re trying to increase your rating on your credit, this may set you back while you’re getting rid of your debt.
CureDebt does not offer a mobile application. 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.
In addition, they’re not credited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on these kinds of services. In addition their 20% service fee is lower than many businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app that could make it easier for you to track your progression. Federal Tax Debt Relief
However, they have a good support team and can be reached them, not only via emails but by phone or by making an e-ticket. Federal Tax Debt Relief
If your debt is a big problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Federal Tax Debt Relief
How long will it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Yes, CuraDebt offers a program for tax relief to assist you with issues such as late payroll tax issues and wage garnishments.
What do I need to do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to pay down your debt over time.