Are you experiencing debt that has been piling up lately? Are you burnt out from trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because already tried every thing.
In the majority of cases, your best way is to approach professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they can assist you or put you in more debt.
According to their clients, they can assist you in managing 80% of your debts so that you can finally take a couple of things off your plate.
For some, these claims are just too good to be true.
If you’re looking for something that will help you resolve your debt. If that’s the case, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, you can check out this video instead for a more relaxing way 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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Graf Tax Relief Office
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. But they offer additional services to assist you in becoming financially stable.
First of all, it begins with requesting a free online savings estimate. The service is completely confidential and won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your other options in your journey to debt-free.
This estimate of savings, as mentioned previously, offers you the opportunity to consider your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt can be the agency to answer all of the calls from your creditors. They will be the ones who will negotiate conditions of the payment in accordance with the state of your finances. Based on what works best for you, it could be a lump-sum settlement or the option of a payment plan.
Additionally they will work with lenders to help you have better rates as you transfer money into your savings account. This is then processed to pay back the creditors. The plans they offer 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 Client Portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. This includes medical bills, personal loans credit cards, as well as line of credit. They are also able to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive assistance for the majority cases, 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 with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors so that you can have cash settlements, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt lets you pay off debts with less than the amount you own. You can also have questions answered during a free consultation with their debt counselor.
The best part about their plan is that you’ll only be charged after your debt has been settled. All you have to do is sign up with one of their plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. After they have gathered all your financial documentation They will also gather all the paperwork you’ll need for tax returns.
With this program, you’ll be able to resolve different types of taxes like wage garnishments as well as tax penalties for personal and business taxes, back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices and is dependent on the amount you must settle.
They offer different options in paying off taxes. 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 help you with?
Although debt settlement is their forte however, they do not provide all kinds of settlement. CuraDebt is only focused on debt that is not secured. They can’t assist you if your credit or loan is tied to an actual item.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle your past-due tax debts without any issues. Furthermore, this service is offered to all 50 states in the event that you owe money in arrears to IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also help resolve any medical-related debt. In some cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students negotiate any loans they owe.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you got from another financial institution or bank.
Credit Card Debt
Whether you have debt with 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 best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you settle each of your outstanding debts.
They also don’t charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
In general, this type 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 depending on the amount that you can save up per month.
Also, they claim you can save as much as 30% if you include their costs into your calculations.
But this claim will also differ based on the situation. Some customers even claimed to save between 50% and 80%.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief, you could join their credit repair program.
It’s an excellent option to rebuild your credit without going into debt again. However, the program lasts different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also investigate any violations by creditors with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using the credit card you use. So if you’re trying to improve your standing on credit scores, you could delay you from working on your credit card debt.
CureDebt does not offer a mobile application. While they have a website for clients but it’s outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. In addition, their 20% service charge is lower than many businesses that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app that would make it easier to look at your progress.
But, they do have a good support team and can be reached them not just via email but by phone or by submitting an e-ticket. Graf Tax Relief Office
If credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they provide are in your area.
FAQ Graf Tax Relief Office
How long will it take to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief to assist you with issues such as delinquent payroll tax and wage garnishments.
What do I need 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.