Are you experiencing debt that has been increasing lately? Are you burnt out from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
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 put you in more debt.
According to their clients, they can help you control 80% of your debts so that you can finally take a few things off of your shoulders.
For some the claims seem too good to be true.
You might be looking for something that will aid you in settling your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before you begin the review, check out this video instead if you prefer to watch it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Filing Innocent Spouse Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. But they offer other services that will help you be more financially stable.
It all begins by requesting a free savings estimate online. This service is very confidential and won’t be doing a credit check. With this savings estimate, you will discover more about options to debt-free.
Savings estimates, as mentioned previously, offers you an idea of your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt will be the one to answer all of your creditors’ calls. They will be the ones who will determine conditions of the payment in accordance with the state of your financial situation. Based on what works best for you, it can be a lump-sum settlement or a payment plan.
Furthermore they will work with creditors to ensure that you enjoy better rates when you make deposits to your savings account, which is then processed to pay off creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal to track your progress.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle most types of debt. This includes medical bills, personal loans credit cards, as well as loans. You can also approach them to help settle any remaining balance on business debt, collections, or repossessions.
They can even help negotiate with back taxes and IRS debt. However, you will not receive assistance for the majority claims, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of 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 will also help you identify the violations of creditors to ensure that you receive cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt advisor.
The most appealing aspect of their program is that you will only pay the fees once your debt is settled. All you have to sign up for some of their programs and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
Through this program, you should be able to deal with different types of taxes such as garnishments on wages as well as tax penalties for personal and taxation for business as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing that is based on the amount you need to settle.
There are a variety of options in paying off taxes. 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 forte however, they do not provide all kinds of settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to help you if the loan or debt is linked to an actual item.
If, however, you are in the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Additionally, this service is accessible across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve your medical debt. In some cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students with negotiating any student loans that they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The best part about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
They also don’t have high-cost charges either. On average, you’ll have to pay as much as 20 percent of the debt you settled through them.
On average, this type of industry can charge anywhere between 15 and 25%.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs according to the amount you can save up per month.
They also claim that you could save as much as 30% if you include their charges into your calculation.
However, this statement will vary, depending on the situation. Some customers even claimed to save 50 to 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done by the program for debt relief, you may enroll in their credit restoration program.
It’s an excellent method to improve your credit score without having to go back into debt. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that your debt won’t inflate over time. They’ll also investigate any creditor violations using their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . So if you’re trying to improve your standing on credit scores, you could cause you to delay finishing your credit card debt.
CureDebt does not have a mobile app available. Although they have a client website, it looks aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on those types of services. In addition the 20% service cost is cheaper than most firms that charge the 25% cost. There aren’t any upfront fees, and you will 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 however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which would make it easier to monitor your progression.
However, they have a competent support staff and can be reached them not just via email but also by phone or making an e-ticket. Filing Innocent Spouse Tax Relief
If your problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Filing Innocent Spouse Tax Relief
How long does it take to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief to assist you with issues such as late payroll tax issues and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.