Has your debt been piling up lately? Are you exhausted from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their clients they can help you control 80percent of your debt , so you are able to take few things off of your mind.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before you begin the review, check out this video instead for a more relaxing way 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 overview. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Is Everyone Supposed To Get The Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is an active participant in 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, some states have restricted their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will aid you in becoming more financially secure.
The process begins by requesting a free savings estimate on the internet. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings you’ll be able to be able to learn more about the other options in your journey to be debt-free.
The savings estimate, as mentioned previously, offers you the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt will be the company to handle all of the calls from your creditors. They will also be the ones that determine what you will pay for your payment based on the status of your financial situation. In determining which option is the most effectively to you, this could be a lump-sum settlement or an installment plan.
Furthermore, they will be working with the creditors to ensure that you enjoy better rates when you deposit money to your savings account. This in turn, will be processed to pay back the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered 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 the client portal to monitor your performance.
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CuraDebt’s Requirements
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to be:
- Minimum 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.
Debt Relief
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans credit cards, and lines of credit. They can also be approached to help settle any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. But, you won’t receive support for most cases, government loans or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like 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 in order to get cash settlements, should it be possible. Some violations can also cause your debt to be removed as well.
CuraDebt also allows you to settle debt with less than the sum you have. Additionally, you can have questions answered during a free meeting with their debt counselor.
The best part about their plan is that you only pay the fees when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you will be able to solve various tax issues such as wage garnishments as well as tax penalties for personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices, which depends on the amount that you’ll must settle.
There are a variety of options in the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
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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 only focuses on loans that are not secured. They won’t be able to help you if the loan or debt is linked to an item that is physical.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt, you should be able to settle taxes that are due without any issues. Furthermore, this service is accessible to all 50 states if you owe money towards the IRS. They have federal tax experts to assist you with these kinds of problems.
Medical Debt
CuraDebt can also help resolve your medical debt. In some cases you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students in negotiating the student loans they are owed.
Personal Loan
Personal and payday loans are also eligible to be eligible for debt relief programs. You can also avail the program if you have other unsecure credit lines you obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your outstanding debts.
Additionally, they don’t charge high charges either. On average, you’ll be required to pay as much as 20 percent of the debt you settled through them.
On average, this type of industry charges between 15 and 25%.
In addition, customers can expect to pay off their debts in two to four years. However, this also varies in relation to the amount you are able to save each month.
They also claim that you could save up to 30% when you factor in their fees in your equation.
However, this statement will differ based on the situation. Some customers have even talked about saving 50 to 80percent.
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The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, let’s look into the advantages of using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished by the program for debt relief you may join their credit restoration program.
It’s a fantastic method to improve your credit without going in debt again. The program is however designed in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t inflate over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with . If you’re trying to improve your credit score, it may delay you from working on your credit card debt.
CureDebt doesn’t even offer a mobile application. While they do have a website that clients can access however, it appears outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more for these types of services. In addition, their 20% service cost is cheaper than most 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 settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app that could make it easier for you to monitor your progression.
But, they do have a great support team, and you can reach them not only through emails but by phone or by submitting an e-ticket. Is Everyone Supposed To Get The Tax Relief
If the debt is a big issue right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they provide are in your state.
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FAQ Is Everyone Supposed To Get The Tax Relief
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can help you with problems like delinquent taxes and wage garnishments.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.