Have your debts been piling up lately? Are you tired of trying other financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they are able to help or put you in more debt.
According to their clients, they can help you control 80% of your debt so that you are able to take couple of things off your plate.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before you begin 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 go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Free Tax Relief Debt
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. They also provide other services that will aid you in becoming more financially stable.
First of all, it begins with requesting a free savings estimate online. It is a completely private service and they will not be doing a credit check. By using this estimate of savings you’ll be able to discover more about alternatives towards debt-free.
Savings estimates, as we’ve mentioned before, gives you the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with 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 plan, CuraDebt will be the one to answer all of your creditors’ calls. They will also be the ones that determine conditions of the payment in accordance with the state of your financial situation. Based on what works most effectively your situation, the payment can be either a lump sum settlement or the option of a payment plan.
Additionally they will be working with creditors to ensure that you have better rates as you make deposits to your savings account. This, in turn, will be processed to pay off creditors. Their plans 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 information 24/7. All you need to do is sign in to CuraDebts the client portal to monitor your progress.
Before you are able to avail the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with personal loans, medical bills, credit cards and also loans. They are also able to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation so that you can have cash settlements, should it be possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the amount you own. They also allow you to inquire about your debt during their no-cost consultation with their debt counsellor.
The greatest benefit of their program is that you’ll only pay the fees when your debt is paid off. All you have to sign up to any of the plans and you’ll be able 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 documentation They will also gather all the documents you’ll require for tax returns.
Through this program, you’ll be able to deal with various tax issues like garnishments on wages as well as tax penalties for personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices that is based on the amount you need to settle.
They offer different options in the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their specialty however, they do not cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They can’t help you if your credit or loan is tied to a physical item.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to pay taxes that are due without any problems. Furthermore, this service is accessible 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 them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students in negotiating any student loans that they owe.
Personal loans and payday loans are also eligible 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 financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll have to pay as much as 20 percent of the debt you settled with them.
On average, this type of business can cost anywhere between 15% and 25 percent.
In addition, customers can expect to settle their debt from between 2 and 4 years. However, this also varies depending on the amount that you can save up per month.
Also, they claim that you could save as much as 30% when you factor in their charges into your calculation.
But this claim will also vary, depending on the situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. In addition they only charge an amount of 20%, while many companies charge 25%.
Next, if you’re done in the process of debt resolution you could enroll in their credit restoration program.
It’s a great way to restore the credit rating without having to go into debt again. However, the program lasts different for every person, depending on your situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any creditor violations with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with . So if you’re trying to build a better credit score, it could delay you from getting rid of your debt.
CureDebt also doesn’t have a mobile app available. Although they have a client website however, it appears aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more for these types of services. In addition the 20% service charge is less expensive than the majority of companies that offer a 25% fee. There aren’t any upfront fees, and you will only have to pay the fee when your debt is finally 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 does not have an app, which could make it easier for you to track your performance.
But, they do have a good support team that you can contact them not just via email but also by phone or sending an e-ticket. Free Tax Relief Debt
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs that they provide are offered in your state.
FAQ Free Tax Relief Debt
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 stipulated settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt has a tax relief program that can assist you with issues such as late payroll tax and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.