Have your debts increased lately? Are you exhausted from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your best way is to approach experts who can assist you settle this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they are able to help or help you get into more debt.
According to their clients, they can help you control the majority of your debt so that you can take couple of worries off your mind.
However, for certain people the claims seem too good to be true.
You might be looking for anything that can assist you in paying off your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper study of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can go to this video in case you would prefer to watch 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 review. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Iowans For Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. They also provide other services that will aid you in becoming more financially secure.
First of all, it begins with requesting a free 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 other options in your journey to be debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an insight into your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the agency to take care of all your creditors’ calls. They will also be the ones who will determine what you will pay for your repayment depending on the condition of your finances. Depending on which works best for you, it can either be a lump sum settlement or the option of a payment plan.
Additionally they will also work with creditors so that you can enjoy better rates when you transfer money into your savings account, which in turn, will process to pay the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they will give 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 development.
Before you can avail of the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle all kinds of debt. These include personal loans, medical bills credit cards and lines of credit. They can also be approached to pay off any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get assistance with the majority of your lawsuits, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors in order to get cash settlements, should it be possible. Certain violations may 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 ask questions during their free meeting with their debt counselor.
The most appealing aspect of their program is that you only have to pay for the charges 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 resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you should be able to resolve various tax issues such as wage garnishments as well as tax penalties for personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices that is based on the amount you’ll have to pay.
They offer different options when it comes to the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their specialization but they aren’t able to offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if your credit or loan is tied to an actual item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off taxes that are due without any problems. Additionally, this service is available to all 50 states if you have a debt in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve any medical-related debt. In certain cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students negotiate any student loans that they have to pay.
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 have obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
How much will it 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’ve paid each of your debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll have to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. This varies according to the amount you are able to save each month.
Also, they claim that you can save as much as 30% by incorporating their costs into your calculations.
However, the claim may differ based on the situation. Some customers even claimed to save 50% to 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. In addition they charge only 20% of the cost, whereas the majority of companies charge 25%.
Then, if you’re done by the program for debt relief you may also sign up for their credit restoration program.
It’s an excellent option to rebuild your credit score without having to go back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t increase over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . Therefore, if you’re trying increase your standing on credit scores, you may delay you from getting rid of your debt.
CureDebt doesn’t even have a mobile app. While they do have a website that clients can access but it’s outdated and basic. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service charge is lower than many companies that offer the 25% cost. There aren’t any upfront fees and you’ll only have to pay when your debt is finally settled.
Although they’ll give you an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app yet, which will make it easier to monitor your progression. Iowans For Tax Relief
They do have a competent support staff, and you can reach them not just via email but also via phone or making an electronic ticket. Iowans For Tax Relief
If credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Iowans For Tax Relief
How long will it take to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt assist 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 like delinquent tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to lower your debt over time.