Has your debt been piling up lately? Are you burnt out from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In most cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can help you or help you get into more debt.
According to their customers, they can help you control 80% of your debt so that you can finally take a couple of w
orries off your plate.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at the way CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, go to this video in case you would prefer 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 our article for a more comprehensive review of CuraDebt.
About the Company Kentucky Tax Relief Fund
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 accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. However, they also offer additional services to aid you in becoming more financially secure.
The process starts by requesting a no-cost online savings estimate. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about the options towards debt-free.
Savings estimates, as mentioned earlier, provides you with an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the company to handle all of your creditor’s calls. They’ll also be the ones who will negotiate what you will pay for your payment in accordance with the state of your finances. Based on what works best to you, this could either be a lump sum settlement or the option of a payment plan.
Furthermore, they will be working with creditors to ensure that you enjoy better rates when you deposit money to your savings account. This, is then processed to pay back creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will provide you with access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to monitor your performance.
Before you can avail of their program, you’ll need to pass their requirements first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans credit cards and line of credit. They are also able to settle any outstanding balance of business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive assistance with the majority cases, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, should it be possible. Some violations can also lead to having your debts also dismissed.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to have questions answered during a free consultation with their debt counselor.
The greatest benefit of the program is that you’ll only be charged when your debt is paid off. All you have to sign up to some of their programs, 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 collect all the paperwork you’ll need for tax returns.
With this program, you should be able to deal with different types of taxes such as garnishments on wages, tax penalties, personal and taxation for business as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs also. They only offer flat-fee prices, which depends on the amount that you’ll have to pay.
They have different solutions 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 abatement
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their forte, they don’t provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They aren’t able to assist you if your credit or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without difficulty. Moreover, this type of service is offered to all 50 states in the event that 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 assist in settling the medical bills. In certain cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students in negotiating the student loans they owe.
Personal and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how 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.
They also do not charge high costs either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere from 15% to 25%.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. However, this also varies according to the amount you are able to save each month.
Also, they claim that you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also differ based on your specific situation. Some customers even claimed to save between 50% and 80percent.
Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. In addition, they only charge an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution, you may enroll in their credit repair program.
It’s an excellent option to rebuild your credit without having to go in debt again. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations by creditors with the assistance of their own experts.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with . If you’re trying to increase your credit score, it may cause you to delay getting rid of your obligations.
CureDebt also doesn’t have a mobile app available. While they have a website that clients can access but it’s outdated and basic. It’s not particularly intuitive, and it can be challenging 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 useful program that allows you to settle your debt without spending more on those types of services. Additionally the 20% service fee is lower than many businesses that charge the 25% cost. There aren’t any upfront fees, and you will only be required to pay once the debt is paid off.
While they’ll provide you with an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app, which would make it easier to monitor your progress.
However, they have a good support team, and you can reach them not just via email but also via phone or making an e-ticket. Kentucky Tax Relief Fund
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services that they provide are offered in your area.
FAQ Kentucky Tax Relief Fund
How long will it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower the amount of debt you have over time.