Have your debts been piling up lately? Are you burnt out from trying other financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because tried everything.
In the majority of cases, your best way is to approach experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted companies. Many customers have asked 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 can finally take a couple of w
orries 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 assist you in paying off your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, you can check out this video instead if you 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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Innocent Spouse Relief Denied Tax Court
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is 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 settle your debt is one of CuraDebt’s best popular feature. They also provide other services that will help you be more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. It is a completely private service and they will not be conducting a credit screening. By using this estimate of savings, you will be able to learn more about the options to be debt-free.
Savings estimates, as mentioned before, gives you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating 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 program is completed, CuraDebt can be the one to take care of all your creditors’ calls. They will also be the ones that determine conditions of the payment based on the status of your finances. In determining which option is the most effectively to you, this could be a lump-sum settlement or an installment plan.
Furthermore they will also be working with the creditors so that you can have better rates as you transfer money into your savings account, which is then processed to pay off the creditors. Their programs can assist you to settle the debt within 48 months.
Once you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal so that you can monitor your performance.
Before you can benefit from their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills credit cards, and lines of credit. They can also be approached to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. But, you won’t receive assistance with the majority claims, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt lets you repay debt for less than the sum you have. They also allow you to ask questions during their free meeting with their debt counsellor.
The most appealing aspect of the program is that you only be charged once your debt is settled. All you have to do is sign up with any of the plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial documentation They will also gather all the paperwork you’ll need for tax returns.
With this program, you will be able to resolve different types of taxes like wage garnishments, tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing and is dependent on the amount that you’ll must settle.
There are a variety of options in settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their specialty however, they do not offer all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They aren’t able to assist you if your loan or debt is linked to a physical item.
If you do have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any issues. Moreover, this type of service is accessible to all 50 states if you owe money in arrears to IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students in negotiating any loans they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
Also, they don’t have high-cost charges either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25%.
Moreover, clients can expect to settle their debts within 2 to 4 years. But, it also differs in relation to the amount you save per month.
Also, they claim that you could save as much as 30% if you include their fees in your equation.
However, this statement will depend on your situation. Some customers even claimed to save 50% to up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Furthermore they charge only an amount of 20%, while the majority of companies charge 25%.
If you’re finished in the process of debt resolution you may also sign up for their credit repair program.
It’s a fantastic method to improve your credit without going into debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any creditor violations with the assistance of their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. So if you’re trying to increase your rating on your credit, this may set you back while you’re getting rid of your debt.
CureDebt also doesn’t have a mobile app available. While they have a website that clients can access however, it appears aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still 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 resolve your debt without having to spend more on these kinds of services. Moreover the 20% service charge is lower than many companies that offer an additional 25% charge. There is no upfront payment, and you will only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account to see your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app that could make it easier for you to track your progress.
However, they have a competent support staff that you can contact them not only through emails but also by phone or making an e-ticket. Innocent Spouse Relief Denied Tax Court
If problem of debt is an problem, then we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Innocent Spouse Relief Denied Tax Court
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems such as delinquent payroll tax and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to reduce the amount of debt you have over time.