Have your debts been increasing lately? Are you burnt out from trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because tried everything.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they can help 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 finally take a couple of w
orries off your mind.
For some they believe these claims are too good to be true.
You might be looking for something that will help you resolve your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can check out this video instead in case you would prefer watching it.
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 the article for a more comprehensive review.
About the Company How To Get Money Back From Tax Relief Companies
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. However, they also offer other services that can aid you in becoming more financially stable.
The process begins by requesting a free online savings estimate. The service is completely confidential, and they 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.
Savings estimates, as mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the company to answer all of your creditor’s calls. They will also be the ones who will determine conditions of the payment in accordance with the state of your finances. Depending on which works most effectively your situation, the payment could either be a lump sum settlement or the option of a payment plan.
Furthermore they will work with creditors to ensure that you have better rates as you deposit money to your savings account. This, in turn, will process to pay off the creditors. Their programs can assist you to settle the debt within two years.
After you’ve signed up with them, they will give you access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal to track your progress.
Before you can benefit from 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 criteria:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills, credit cards and also line of credit. They can also be approached to settle any outstanding balance of business debt and collections or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive support for most claims, government loans, collateral, and utility bills. Also, they don’t cover the majority of 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 also help you find the violations of creditors to ensure that you receive cash settlements, if possible. Certain violations could lead to having your debts removed as well.
CuraDebt can also help you repay debt for less than the sum you have. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The best part about their program is that you only be charged once your debt is settled. All you need to sign up for one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documentation They will also gather all the paperwork you’ll need to file tax returns.
With this program, you will be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing, which depends on the amount you need to settle.
They offer different options when it comes to the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
Although debt settlement is their specialty but they aren’t able to cater to all types of settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if your debt or loan is tied to an actual item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay taxes that are due without any issues. Moreover, this type of service is accessible across all 50 states, if you owe money towards the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some instances, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students in negotiating any student loans that they owe.
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you have 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 assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
Additionally, they do not charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled with them.
On average, this type of business can cost anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. This varies in relation to the amount you can save up per month.
Also, they claim that you could save up to 30% when you factor in their charges into your calculation.
But this claim will also differ based on the situation. Some customers have even talked about saving 50% to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. In addition, they only charge 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished with the debt settlement program, you may enroll in their credit repair program.
It’s a fantastic option to rebuild your credit score without having to go into debt again. However, the program runs different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any violations of creditor with the help of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using . So if you’re trying to improve your standing on credit scores, you may cause you to delay getting rid of your debt.
CureDebt doesn’t even have a mobile app. While they have a client website, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more for these types of services. In addition, their 20% service cost is lower than many businesses that charge the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app yet, which will make it easier to track your progression.
They do have a competent support staff and can be reached them not just via email but also by phone or making an e-ticket. How To Get Money Back From Tax Relief Companies
If credit card is a major problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they provide are in your state.
FAQ How To Get Money Back From Tax Relief Companies
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt provides tax relief programs that can assist you with issues such as late payroll tax and garnishments on wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to lower your debt over time.