Has your debt been increasing lately? Are you exhausted from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debt so that you can take few things off of your mind.
But for some people the claims seem too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin 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 check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Innocent Spouse Relief Tax Court Cases
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 has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. However, they also offer additional services to aid you in becoming more financially stable.
First of all, it begins by requesting a free savings estimate online. This service is very confidential, and they won’t be conducting a credit screening. By using this estimate of savings you’ll learn more about your options to debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with the opportunity to consider your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration in the event that you decide to join. Some financial advisors can help you in your debt-free journey.
After your debt settlement program, CuraDebt can be the agency to handle all of your creditors’ calls. They’ll also be the ones that determine what you will pay for your settlement based on the status of your finances. Depending on which works most effectively to you, this could be a lump-sum settlement or an installment plan.
Moreover, they will be working with the lenders to help you get better rates when you deposit money to your savings account. This, in turn, will be processed to pay the creditors. Their plans can help you pay off the debt in two years.
After you’ve registered with them, they’ll provide you with 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 can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to be:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. These include personal loans, medical bills credit cards and line of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive assistance for the majority claims, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, if possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you have. You can also ask questions during their free meeting with their debt advisor.
The greatest benefit of their plan is that you’ll only pay the fees when your debt is paid off. All you need to sign up to one of their plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you will be able to resolve the various types of tax problems like wage garnishments and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t hidden fees also. They only use flat-fee pricing and is dependent on the amount that you’ll need to settle.
They have different solutions when it comes to 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 kind of debt can they help you with?
Although debt settlement is their forte however, they do not provide all kinds in debt resolution. CuraDebt concentrates on debt that is not secured. They aren’t able to help you if the credit or loan is tied to a physical item.
If you do have the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to pay taxes that are due without any issues. Furthermore, this service is offered across all 50 states, if you have a debt to the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some instances 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 loans. Still, they can help 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 if you have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing 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 charge high costs either. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of industry can charge anywhere from 15% to 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. However, this also varies depending on the amount that you can save up per month.
Additionally, they claim that you could save as much as 30% by incorporating their fees in your equation.
But this claim will also vary, depending on your situation. Some clients even mentioned saving 50% to up to 80%.
Advantages to using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Additionally, they only charge a 20% fee while the majority of companies charge 25%.
Then, if you’re done by the program for debt relief, you can enroll in their credit restoration program.
It’s a great option to rebuild your credit without going into debt again. However, the program runs in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any creditor violations with the assistance of their own experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with your credit card. So if you’re trying to improve your standing on credit scores, you might delay you from getting rid of your credit card debt.
CureDebt does not offer a mobile application. While they have a website for clients however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not accredited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more for these types of services. In addition, their 20% service fee is lower than many companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account to see your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app that would make it easier to look at your progress.
But, they do have a great support team and can be reached them not only through emails but by phone or by submitting an e-ticket. Innocent Spouse Relief Tax Court Cases
If the debt is a big issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs that they provide are offered in your area.
FAQ Innocent Spouse Relief Tax Court Cases
How long will 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 agreement on the settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt provides tax relief programs that can aid you in dealing with problems such as late payroll tax issues and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to reduce the amount of debt you have over time.