Are you experiencing debt that has been piling up lately? Are you exhausted from trying different financial tips and advice but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In most cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you control 80percent of your debts so that you can take few things off of your shoulders.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, you can check out 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 Federal Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a participant in 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 CuraDebt’s most well-known feature. However, they also offer additional services to help you be more financially secure.
First of all, it begins by requesting a free online savings estimate. This service is very confidential and they will not be conducting a credit screening. With this estimate of savings you’ll be able to be able to learn more about the options to be debt-free.
This estimate of savings, which was mentioned previously, offers you an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration in the event that you decide to join. Some financial advisors can help you on your path to debt-free living.
After your debt settlement plan, CuraDebt can be the agency to take care of all the calls from your creditors. They will be the ones who determine conditions of the settlement depending on the condition of your finances. In determining which option is the most effectively your situation, the payment can be a lump-sum settlement or a payment plan.
Additionally they will also be working with lenders to help you get better rates when you deposit money to your savings account. This, in turn, will be processed to pay back creditors. Their plans can help you pay off the debt in two years.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal with your debt. They can negotiate settlements on behalf of you for all kinds of debt. They can help with medical bills, personal loans credit cards, as well as line of credit. You can also approach them to help settle any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive support for most of your lawsuits, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations so that you can have cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. You can also ask questions during their free meeting with their debt advisor.
The best part about the program is that you only be charged after your debt has been settled. All you have to sign up for some of their programs and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you will be able to solve various tax issues such as garnishments on wages, tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices, which depends on the amount that you’ll have to pay.
They have different solutions 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 kinds of debts can they assist you with?
While debt settlement is their forte however, they do not cater to all types of settlement. CuraDebt is only focused on loans that are not secured. 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 will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any problems. Moreover, this type of service is available across all 50 states, if you owe money in arrears to IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also help resolve the medical bills. In some cases you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students with negotiating any student loans that they owe.
Personal and payday loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or 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’s pricing is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
Additionally, they don’t charge high charges either. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere between 15 and 25 percent.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs according to the amount you can save up per month.
Additionally, they claim you can save as much as 30% if you include their fees in your equation.
However, the claim may vary, depending on your specific situation. Some customers have even talked about saving 50 to 80percent.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done by the program for debt relief you may join their credit restoration program.
It’s a fantastic method to improve the credit rating without having to go in debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any violations of creditor using their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using . If you’re trying to improve your rating on your credit, this could delay you from getting rid of your credit card debt.
CureDebt does not offer a mobile application. Although they have a client website but it’s aged and simple. It’s not very user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on those types of services. In addition their 20% service charge is lower than many firms that charge the 25% cost. There are no upfront payments and you’ll only be required to pay once 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 yet, which will make it easier to track your progress. Federal Tax Relief
They do have a competent support staff and can be reached them not just via email but by phone or by sending an electronic ticket. Federal Tax Relief
If the debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they provide are in your area.
FAQ Federal Tax Relief
How long will it take to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to help you with problems such as late payroll taxes and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down your debt over time.