Have your debts been increasing lately? Are you tired of trying different financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of people are asking if they can assist you or put you into more debt.
According to their clients, they can assist you in managing the majority of your debt , so you can finally take a couple of w
orries off your plate.
For some, these claims are just too good to be true.
You might be looking for any solution that could help you resolve your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of how CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, watch this video instead if you prefer to watch it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Irs One Time Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. They also provide other services that will aid you in becoming more financially stable.
First of all, it 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 savings estimate, you will be able to learn more about the alternatives to be debt-free.
This estimate of savings, as we’ve mentioned previously, offers you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program, CuraDebt is the agency to handle all of your creditor’s calls. They’ll also be the ones that determine conditions of the payment in accordance with the state of your financial situation. In determining which option is the best your situation, the payment could be either a lump sum settlement or an installment plan.
Additionally they will also work with creditors to ensure that you have better rates as you make deposits to your savings account, which is then processed to pay off creditors. Their plans can help you pay off the debt in two years.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your performance.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal 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 also line of credit. They can also be approached to help settle any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you won’t get assistance with the majority claims, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, should it be possible. Certain violations may 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 counselor.
The greatest benefit of their plan is that you only be charged once your debt is settled. All you need to do is sign up with one of their plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
By using this program, you’ll be able to deal with different types of taxes like garnishments on wages, tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs also. They only use flat-fee pricing and is dependent on the amount you must settle.
There are a variety of options for the settlement of 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 kind of debt can they help you with?
Although debt settlement is their forte however, they do not offer all kinds of settlement. CuraDebt concentrates on unsecured debt. They can’t help you if the loan or debt is linked to an actual item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any problems. Additionally, this service is accessible to all 50 states if you owe money in arrears to IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some instances, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate the student loans they owe.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You may also be eligible the program if you have other unsecure credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as 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 how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you settle each of your outstanding debts.
They also don’t charge high fees as well. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry charges from 15% to 25 percent.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you can save as much as 30% by incorporating their charges into your calculation.
However, the claim may depend on your specific situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25%.
If you’re finished by the program for debt relief you can also sign up for their credit restoration program.
It’s a great way to restore the credit rating without having to go into debt again. However, the program lasts different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations by creditors with the help of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. If you’re trying to build a better standing on credit scores, you could delay you from working on your obligations.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access however, it appears old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
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 the 20% service cost is lower than many businesses that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account so that you can track your progress, their website is not user-friendly. CuraDebt also doesn’t have an app that will make it easier to monitor your progress.
They do have a good support team and can be reached them, not only via emails but by phone or by sending an e-ticket. Irs One Time Tax Relief
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Irs One Time Tax Relief
What is the time frame to finish the program?
The program typically takes 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt has a tax relief program that will aid you in dealing with problems like delinquent tax issues and garnishments of wages.
What should I do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce the amount of debt you have over time.