Has your debt been piling up lately? Are you tired of trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve been through every thing.
In most cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they can assist you or put you in more debt.
According to their clients, they can help you manage 80% of your debts so that you can take couple of worries off your mind.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll take a deeper look at how CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before beginning the review, watch this video instead if you prefer to watch it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Focus Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. However, they also offer other services that will assist you in becoming financially secure.
First of all, it begins with requesting a free savings estimate online. It is a completely private service, and they won’t be doing a credit check. By using this estimate of savings, you will be able to learn more about the options to be debt-free.
This estimate of savings, which was mentioned before, gives you an insight into your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration if you decide to sign up. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to answer all of your creditor’s calls. They’ll be the ones who determine conditions of the settlement depending on the condition of your finances. Depending on which works best to you, this can be either a lump sum settlement or the option of a payment plan.
Additionally, they will be working with lenders to help you have better rates as you transfer money into your savings account. This, is then processed to pay off the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts’ client portal so that you can monitor your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing with debt. They can negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans, credit cards and also loans. They are also able to help settle any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get support for most of your lawsuits, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, should it be possible. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you have. Additionally, you can have questions answered during a free consult with their debt counsellor.
The greatest benefit of their plan is that you will only have to pay for the charges once your debt is settled. All you have to do is sign up with one of their plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you will be able to solve various tax issues like garnishments on wages as well as tax penalties for personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices, which depends on the amount you need to settle.
They have different solutions in paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
While debt settlement is their specialization but they aren’t able to offer all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if your debt or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any problems. Additionally, this service is accessible to all 50 states if you owe money towards the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students with negotiating the student loans they owe.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt can help you pay 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. Only pay when you’ve paid each of your debts.
They also do not charge high costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from two to four years. But, it also differs in relation to the amount you save per month.
Also, they claim that you can save up to 30% if you include their charges into your calculation.
However, this statement will vary, depending on your specific situation. Some clients even mentioned saving 50% to up to 80%.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only a 20% fee while the majority of companies charge 25%.
Then, if you’re done by the program for debt relief you could enroll in their credit restoration program.
It’s an excellent way to restore your credit score without having to go in debt again. However, the program runs differently for each person according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any creditor violations using their experts in-house.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with . So if you’re trying to increase your credit score, it may set you back while you’re finishing your debt.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access, it looks old and mundane. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more for these types of services. Moreover the 20% service charge is lower than many companies that offer a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app, which will make it easier to monitor your progression. Focus Tax Relief
But, they do have a competent support staff, and you can reach them, not only via emails but also via phone or submitting an electronic ticket. Focus Tax Relief
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they provide are in your state.
FAQ Focus Tax Relief
How long will it take to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief that will aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.