Have your debts been increasing lately? Are you burnt out from trying different financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried everything.
In most cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they are able to help or help you get into more debt.
According to their clients, they can help you manage 80% of your debt , so you can finally take a couple of w
orries off your mind.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt operates and what issues it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, watch this video instead for a more relaxing way watching 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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Irs Web Site For Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. They also provide additional services to aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. This service is very confidential and won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about other options in your journey to be debt-free.
Savings estimates, as we’ve mentioned previously, offers you an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with credit arbitration if you decide to join. Some financial advisors can help you with your debt-free journey.
Following the debt settlement plan, CuraDebt is the one to take care of all your creditors’ calls. They will be the ones who determine the terms of your settlement in accordance with the state of your finances. In determining which option is the best your situation, the payment can be a lump-sum settlement or the option of a payment plan.
Moreover they will also be working with the creditors to ensure that you have better rates as you make deposits to your savings account. This, in turn, will process to pay back creditors. Their programs can assist you to get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal to track your performance.
Before you can avail of their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for all kinds of debt. They can help with personal loans, medical bills, credit cards as well as line of credit. They can also be approached to help settle any remaining balance on business debt, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you won’t get assistance with the majority cases, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they will 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 the violations of creditors to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. They also allow you to inquire about your debt during their no-cost consultation with their debt counsellor.
The greatest benefit of their program is that you will only be charged once your debt is settled. All you have to sign up for some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents They will also gather all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to resolve the various types of tax problems such as wage garnishments and tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you must settle.
There are a variety of options in settling your tax debt. 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 can they assist you with?
Although they specialize in debt settlement, it is not their specialization, they don’t cater to all types in debt resolution. CuraDebt only focuses on unsecured debt. They aren’t able to assist you if your debt or loan is tied to an actual item.
If you do have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any issues. Additionally, this service is available to all 50 states if you owe money towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also help resolve your medical debt. In some cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students with negotiating any loans they have to pay.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
They also don’t have high-cost charges either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled through them.
On average, this type of business can cost anywhere between 15 and 25%.
Moreover, clients can expect to settle their debt from two to four years. This varies according to the amount you can save up per month.
Also, they claim that you could save up to 30% if you include their charges into your calculation.
However, this statement will differ based on your situation. Some customers have even talked about saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, let’s explore the benefits of using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Furthermore they only charge an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done with the debt settlement program, you may join their credit repair program.
It’s an excellent method to improve the credit rating without going in debt again. However, the program lasts in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also investigate any violations by creditors with the help of their experts in-house.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using the credit card you use. If you’re trying to build a better credit score, it might set you back while you’re working on your obligations.
CureDebt does not have a mobile app available. While they have a website that clients can access, it looks old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on these kinds of services. In addition their 20% service cost is cheaper than most companies that offer the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress, their website is not simple to navigate. CuraDebt isn’t even an app that will make it easier to look at your progression.
But, they do have a great support team and can be reached them not just via email but also via phone or submitting an e-ticket. Irs Web Site For Tax Relief
If the problem of debt is an problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they offer are available in your area.
FAQ Irs Web Site For Tax Relief
How long will it take to complete 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 aid with state tax problems?
Yes, CuraDebt has a tax relief program that will help you with problems such as delinquent payroll tax issues and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to lower your debt over time.