Are you experiencing debt that has been increasing lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they are able to help or help you get into more debt.
According to their clients, they can help you control the majority of your debts so that you can take couple of w
orries off your mind.
However, for certain people, these claims are just too good to be true.
If you’re looking for something that will assist you in paying off your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, you can check out this video instead in case you would 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 our article for a more comprehensive review of CuraDebt.
About the Company Federal Tax Return Notice Penalty Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. But they offer additional services to assist you in becoming financially stable.
The process begins with requesting a free savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. With this estimate of savings you’ll learn more about your other options in your journey towards debt-free.
This estimate of savings, as mentioned before, gives you an idea of your options, regardless of whether 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 in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt will be the one to take care of all the calls from your creditors. They’ll also be the ones that negotiate what you will pay for your payment depending on the condition of your financial situation. Depending on which works best your situation, the payment could be either a lump sum settlement or a payment plan.
Moreover they will be working with the creditors so that you can have better rates as you deposit money to your savings account, which in turn, will be processed to pay off the creditors. Their programs can assist you to get rid of debt in just 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you have to do is log in to CuraDebts’ client portal to track your progress.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for most types of debt. This includes medical bills, personal loans, credit cards and also loans. You can also approach them to help settle any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance with the majority cases, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors in order to get cash settlements, should it be possible. Certain violations could lead to having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the amount you have. They also allow you to have questions answered during a free consult with their debt advisor.
The best part about their program is that you’ll only have to pay for the charges once your debt is settled. All you have to sign up for any of the plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you will be able to solve different types of taxes like wage garnishments and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They use only flat-fee pricing and is dependent on the amount you’ll must settle.
There are a variety of options for 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 kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to offer all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to help you if your debt or loan is tied to a physical item.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without difficulty. Additionally, this service is accessible across all 50 states, if you owe money towards the IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt will also help you resolve the medical bills. In some instances, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating any student loans that they have to pay.
Payday loans and personal loans also qualify as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your debts.
They also don’t charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25%.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. However, this also varies in relation to the amount you save per month.
Additionally, they claim you can save up to 30% when you factor in their costs into your calculations.
However, the claim may vary, depending on your situation. Some customers have even talked about saving 50% to 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s explore the benefits of using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only a 20% fee while many companies charge 25 percent.
Then, if you’re done in the process of debt resolution you could also sign up for their credit repair program.
It’s an excellent method to improve the credit rating without having to go in debt again. The program is however designed different for every person, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any creditor violations with the help of their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with your credit card. So if you’re trying to build a better rating on your credit, this may cause you to delay getting rid of your obligations.
CureDebt also doesn’t have a mobile app available. While they have a website that clients can access but it’s aged and simple. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service charge is lower than many firms that charge an additional 25% charge. There are no upfront payments and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which would make it easier to monitor your progression.
However, they have a good support team that you can contact them not just via email but also by phone or sending an e-ticket. Federal Tax Return Notice Penalty Relief
If your problem of debt is an problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Federal Tax Return Notice Penalty Relief
How long does it take to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt offers a program for tax relief that will help you with problems like delinquent taxes and wage garnishments.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to pay down your debt over time.