Are you experiencing debt that has been increasing lately? Are you exhausted from trying other financial advice and tips but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. Many customers have asked if they are able to help or help you get into more debt.
According to their customers, they can help you manage the majority of your debt , so you can finally take a couple of w
orries off your plate.
However, for certain people the claims seem too good to be true.
If you’re looking for something that will aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, you can watch this video instead if you prefer watching it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Honest Tax Relief Companies
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is the most popular feature. But they offer other services that will help you be more financially stable.
The process starts by requesting a no-cost savings estimate on the internet. This service is very confidential and won’t conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about the options to debt-free.
This estimate of savings, 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 counselor and a support team to help you with credit arbitration if you decide to join. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program, CuraDebt will be the agency to answer all of your creditors’ calls. They’ll also be the ones who will determine what you will pay for your payment depending on the condition of your finances. Depending on which 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 the lenders to help you enjoy better rates when you transfer money into your savings account. This is then processed to pay back the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll allow you access to your information 24/7. 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 the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf for most types of debt. These include medical bills, personal loans, credit cards as well as line of credit. You can also approach them to settle any outstanding amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as that of 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. Some violations can also result in having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the sum you have. Additionally, you can have questions answered during a free consultation with their debt counsellor.
The best part about the program is that you’ll only pay the fees after your debt has been settled. All you need to do is sign up with some of their programs and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documents They will also gather all the necessary paperwork for tax returns.
With this program, you should be able to deal with various tax issues like wage garnishments and tax penalties, personal and corporate taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount that you’ll have to pay.
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 abatements
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt concentrates on loans that are 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 make arrangements for settlements.
With CuraDebt, you should be able to settle taxes that are due without any issues. Additionally, this service is available to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt will also help you resolve your medical debt. In some cases, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students negotiate any loans they owe.
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 that you got from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The best part about 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 debts.
They also don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20 percent of the debt that you settled with them.
In general, this type of industry charges between 15% and 25 percent.
In addition, customers can expect to settle their debts within between 2 and 4 years. This varies according to the amount you can save up per month.
They also claim you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also depend on the situation. Some clients even mentioned saving between 50% and 80percent.
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.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. Furthermore, they only charge 20% of the cost, whereas the majority of companies charge 25%.
Then, if you’re done with the debt settlement program you may also sign up for their credit restoration program.
It’s an excellent method to improve your credit without going in debt again. However, the program runs in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also look into any creditor violations with the assistance of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with . If you’re trying to increase your rating on your credit, this could cause you to delay working on your credit card debt.
CureDebt does not offer a mobile application. While they do have a website that clients can access, it looks aged and simple. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more on these kinds of services. Additionally the 20% service fee is cheaper than most 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.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to track your performance.
But, they do have a competent support staff that you can contact them not only through emails but also by phone or submitting an e-ticket. Honest Tax Relief Companies
If debt is a big problem right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services they provide are in your state.
FAQ Honest Tax Relief Companies
How long will it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can aid you in dealing with problems such as delinquent payroll tax issues and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with the team and pay the required payments to lower your debt over time.