Has your debt increased lately? Are you tired of trying different financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve already tried 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 among the most asked companies. A lot of people are asking if they can help you or put you into more debt.
According to their customers, they can help you manage the majority of your debts so that you can take few things off of your plate.
But for some people they believe these claims are too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. In that case, CuraDebt will mostly be suggested by people. We’ll take a deeper look at the way CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion we’ll look at its advantages and drawbacks.
Before beginning the review, go to this video for a more relaxing way watching 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Founders Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is the most well-known feature. They also provide additional services to help you be more financially secure.
It all begins by requesting a free online savings estimate. This service is very confidential, and they won’t conduct a credit inquiry. By using this estimate of savings, you will be able to learn more about the options towards debt-free.
The savings estimate, as mentioned earlier, provides you with an idea of your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to join. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program, CuraDebt can be the agency to answer all of the calls from your creditors. They’ll be the ones who will determine the terms of your payment based on the status of your finances. Depending on which works most effectively for you, it can either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with the lenders to help you get better rates when you deposit money to your savings account, which in turn, will be processed to pay off the creditors. Their plans can help you settle the debt within 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal to track your development.
Before you can avail of their program, you’ll need to satisfy their criteria first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards, and also lines of credit. They can also be approached to settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance for the majority cases, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation in order to get cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the sum you have. You can also ask questions during their free consult with their debt advisor.
The best part about their plan is that you will only pay the fees once your debt is settled. All you need to sign up for any of the plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial documents, they will also collect all the documents you’ll require for tax returns.
By using this program, you will be able to deal with various tax issues such as garnishments on wages, tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing that is based on the amount you have to pay.
They have different solutions in settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
While debt settlement is their specialty however, they do not cater to all types of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your debt or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle your past-due tax debts without any problems. Furthermore, this service is offered to all 50 states in the event that you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling the medical bills. In some cases you might even be able to pay the debt for less than 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.
Payday loans and personal loans also qualify for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt will help you pay it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
Also, they do not charge high fees as well. In the average, you’ll need to pay up to 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere from 15% to 25 percent.
Additionally, customers can anticipate to settle their debt from two to four years. This varies in relation to the amount you can save up per month.
They also claim you can save up to 30% when you factor in their costs into your calculations.
But this claim will also differ based on your situation. Some clients even mentioned saving 50% to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. In addition they only charge an amount of 20%, while most companies charge you 25 percent.
If you’re finished in the process of debt resolution you could enroll in their credit restoration program.
It’s a great way to restore your credit without going into debt again. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any violations by creditors using their own experts.
The drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop paying with the credit card you use. If you’re trying to improve your rating on your credit, this may delay you from finishing your debt.
CureDebt doesn’t even offer a mobile application. While they have a website that clients can access but it’s old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service charge is lower than many companies that offer the 25% cost. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is settled.
Although they’ll give you an account to see your progress but their website isn’t easy to navigate. CuraDebt does not have an app, which could make it easier for you to look at your progression.
But, they do have a great support team, and you can reach them, not only via emails but also via phone or submitting an electronic ticket. Founders Tax Relief
If your credit card is a major problem right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they provide are in your state.
FAQ Founders Tax Relief
What is the time frame to finish the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt provides tax relief programs to aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What should I do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.