Has your debt been increasing lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their customers, they can assist you in managing the majority of your debt , so you can take few things off of your shoulders.
But for some people, these claims are just too good to be true.
You might be looking for something that will aid you in settling your debt. If that’s the case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before you begin the review, you can watch this video instead if you prefer for it to be watched.
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 will want to read the rest of our article for a more comprehensive review.
About the Company Is There A Tax Relief Refund Status
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a member 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, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. However, they also offer other services that can help you be more financially stable.
First of all, it begins by requesting a free savings estimate online. It is a completely private service and won’t be conducting a credit screening. By using this estimate of savings you’ll be able to learn more about your alternatives towards debt-free.
Savings estimates, which was mentioned before, gives you the opportunity to consider your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement program, CuraDebt is the agency to answer all of your creditors’ calls. They will also be the ones who determine what you will pay for your repayment in accordance with the state of your finances. Based on what works best to you, this could either be a lump sum settlement or a payment plan.
Moreover, they will work with creditors so that you can get better rates when you deposit money to your savings account. This, is then processed to pay back the creditors. Their plans can help you pay off the debt in two years.
Once you’ve signed up with them, they’ll allow you access to your information 24/7. All you need to do is log in to CuraDebts’ client portal to track your development.
Before you can avail of their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for the majority of types of debt. These include medical bills, personal loans, credit cards as well as line of credit. They are also able to settle any outstanding balance on business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority of your lawsuits, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as those of 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 to ensure that you receive cash settlements, if they are possible. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you own. They also allow you to have questions answered during a free consultation with their debt counsellor.
The best part about their plan is that you will only have to pay for the charges once your debt is settled. All you have to sign up for any of the plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial records They will also gather all the necessary paperwork to file tax returns.
With this program, you will be able to deal with different types of taxes like garnishments on wages, tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges either. They only offer flat-fee prices that is based on the amount you need to settle.
They offer different options for paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
Although debt settlement is their forte, they don’t provide all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They won’t be able to help you if the debt or loan is tied to a physical item.
If you do have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle taxes that are due without difficulty. Furthermore, this service is accessible across all 50 states, if you have a debt to the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve the medical bills. In some instances you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students with negotiating any loans they owe.
Personal and payday loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
How much will it cost?
The best part about CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
They also don’t have high-cost costs either. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere from 15% to 25 percentage.
In addition, customers can expect to settle their debts within 2 to 4 years. But, it also differs according to the amount you can save up per month.
Also, they claim that you could save up to 30% by incorporating their costs into your calculations.
But this claim will also differ based on the situation. Some customers even claimed to save 50% to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief you may enroll in their credit repair program.
It’s an excellent option to rebuild the credit rating without having to go back into debt. However, the program lasts differently for each person, depending on your situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any creditor violations with the assistance of their own experts.
The drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with the credit card you use. So if you’re trying to increase your credit score, it could set you back while you’re getting rid of your debt.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access but it’s old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more for these types of services. Additionally, their 20% service cost is lower than many businesses that charge a 25% fee. There are no upfront payments, and you will only have to pay when the debt is settled.
While they’ll provide you with an account to see your progress but their website isn’t easy to navigate. CuraDebt does not have an app, which will make it easier to track your performance.
But, they do have a good support team and can be reached them not just via email but also via phone or making an e-ticket. Is There A Tax Relief Refund Status
If problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services they offer are available in your area.
FAQ Is There A Tax Relief Refund Status
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent tax and garnishments on wages.
What do I need to do after joining the program?
You’ll be required to communicate with the team and pay the required payments to lower the amount of debt you have over time.