Are you experiencing debt that has increased lately? Are you burnt out from trying different financial advice and strategies but still have unsolved issues?
Maybe 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 one of the companies that get the most inquiries. Many people are asking if they can assist you or put you into more debt.
According to their clients, they can help you manage the majority of your debt so that you can take couple of things off your shoulders.
For some, these claims are just too good to be true.
You might be looking for anything that can help you resolve your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper study of how CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before starting the review, check out this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, 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 of CuraDebt.
About the Company Horizon Tax Relief Bbb
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is an active 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, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer additional services to aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. This service is very confidential and they will not be conducting a credit screening. With this estimate of savings, you will be able to learn more about the options to be debt-free.
This estimate of savings, 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 in navigating the process of credit arbitration should you choose to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement plan, CuraDebt will be the one to handle all of your creditor’s calls. They’ll also be the ones who will negotiate what you will pay for your settlement in accordance with the state of your financial situation. Based on what works best for you, it can be a lump-sum settlement or a payment plan.
Additionally, they will work with lenders to help you enjoy better rates when you transfer money into your savings account. This, is then processed to pay creditors. Their programs can assist you to pay off the debt in 48 months.
After you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is log in to CuraDebts’ client portal so that you can monitor your performance.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for most types of debt. They can help with personal loans, medical bills, credit cards and also line of credit. You can also approach them to help settle any remaining 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 support for most cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations may lead to having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the sum you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt advisor.
The greatest benefit of their plan is that you’ll only be charged once your debt is 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 help you with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
By using this program, you will be able to resolve various tax issues like garnishments on wages as well as tax penalties for personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges either. They use only flat-fee pricing that is based on the amount that you’ll have to pay.
They offer different options in paying off your tax debt. Here are six 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 provide all kinds of settlement. CuraDebt is only focused on loans that are not secured. They can’t assist you if your loan or debt is linked to an actual item.
If, however, you are in the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any issues. Additionally, this service is accessible across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving these types of issues.
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 doesn’t cater to federal student loans. However, they can assist private students negotiate any student loans that they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines you obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, 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 the way they’ve priced their services. They don’t charge an upfront fee. Only pay when you have paid off all of your outstanding debts.
Additionally, they do not charge high charges either. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
On average, this type of industry can charge anywhere between 15 and 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. But, it also differs depending on the amount that you can save up per month.
Additionally, they claim that you can save up to 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on the situation. Some customers even claimed to save 50% to 80percent.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. In addition they only charge an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution you may join their credit repair program.
It’s a fantastic way to restore your credit score without having to go into debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also investigate any violations of creditor using their own experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with . Therefore, if you’re trying build a better standing on credit scores, you may delay you from getting rid of your credit card debt.
CureDebt also doesn’t have a mobile app. While they do have a client website but it’s old and mundane. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on these kinds of services. Additionally, their 20% service charge is cheaper than most firms that charge the 25% cost. There is no upfront payment and you’ll only be required to pay once the debt is paid off.
Although they’ll allow you to access an account to see your progress but their website isn’t easy to navigate. CuraDebt does not have an app yet, which would make it easier to look at your performance.
They do have a great support team and can be reached them not only through emails but also via phone or making an electronic ticket. Horizon Tax Relief Bbb
If debt is a big problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they provide are in your state.
FAQ Horizon Tax Relief Bbb
How long does it take to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that can aid you in dealing with problems such as delinquent payroll tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.