Have your debts been piling up lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because been through every thing.
In the majority of cases, your most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their customers, they can help you control 80% of your debts so that you can finally take a couple of things off your mind.
However, for certain people, these claims are just too good to be true.
If you’re looking for anything that can aid you in settling your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt works and what problems 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, check out this video instead in case you would 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 review. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Irs Tax Relief Services
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active 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, some states have restricted their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. They also provide other services that can aid you in becoming more financially stable.
It all begins with requesting a free savings estimate online. The service is completely confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about your options to be debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an insight into your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement plan, CuraDebt will be the one to handle all of the calls from your creditors. They’ll also be the ones who will negotiate what you will pay for your payment in accordance with the state of your financial situation. Based on what works most effectively for you, it can be either a lump sum settlement or an installment plan.
Furthermore, they will be working with creditors so that you can have better rates as you make deposits to your savings account. This is then processed 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’ll provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include personal loans, medical bills, credit cards and line of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. However, you won’t get support for most claims, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The best part about the program is that you will only have to pay for the charges after your debt has been settled. All you have to do is sign up with any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial documents, they will also collect all the documents you’ll require for tax returns.
By using this program, you will be able to resolve different types of taxes like wage garnishments as well as tax penalties for personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing that is based on the amount you’ll must settle.
There are a variety of options for paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their specialty however, they do not provide all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if the debt or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle taxes that are due without any problems. Furthermore, this service is offered to all 50 states in the event that you owe money to the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate the student loans they owe.
Personal and payday loans also qualify to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of 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.
Additionally, they don’t have high-cost fees as well. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
In general, this type of industry can charge anywhere from 15% to 25%.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
Also, they claim that you could save as much as 30% when you factor in their charges into your calculation.
However, this statement will differ based on your situation. Some customers even claimed to save 50% to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas many companies charge 25 percent.
If you’re finished with the debt settlement program, you may enroll in their credit restoration program.
It’s a fantastic way to restore the credit rating without having to go back into debt. 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 with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also investigate any violations by creditors with the assistance of their in-house experts.
The drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with your credit card. So if you’re trying to build a better standing on credit scores, you could delay you from finishing your credit card debt.
CureDebt does not have a mobile app. While they have a website for clients, it looks outdated and basic. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on these kinds of services. In addition, their 20% service fee is less expensive than the majority of businesses that charge an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee 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 simple to navigate. CuraDebt isn’t even an app that would make it easier to track your progression. Irs Tax Relief Services
However, they have a good support team that you can contact them not just via email but by phone or by sending an electronic ticket. Irs Tax Relief Services
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Irs Tax Relief Services
How long will it take to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems such as late payroll tax and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.