Are you experiencing debt that has been increasing lately? Are you burnt out from trying different financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many customers have asked if they can assist you or put you in more debt.
According to their customers, they can help you manage 80% of your debt , so you can take couple of things off your shoulders.
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 situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at how CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, go to this video 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Lifeback Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. But they offer other services that will aid you in becoming more financially secure.
First of all, it begins with requesting a free savings estimate online. It is a completely private service and they will not be conducting a credit screening. With this savings estimate, you will be able to learn more about the options to be debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an idea of your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with the process of credit arbitration should you choose to join. Some financial advisors can help you with your debt-free journey.
After your debt settlement plan, CuraDebt can be the company to answer all of your creditor’s calls. They’ll be the ones who will negotiate conditions of the settlement based on the status of your finances. Based on what works most effectively your situation, the payment can be a lump-sum settlement or the option of a payment plan.
Additionally they will work with creditors so that you can have better rates as you make deposits to your savings account. This, is then processed to pay creditors. Their programs can assist you to get rid of debt in just two years.
After 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 log in to CuraDebts’ client portal to monitor your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills, credit cards and lines of credit. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. However, you won’t get assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like those of 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, if they are possible. Certain violations may result in having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the amount you own. They also allow you to have questions answered during a free consult with their debt advisor.
The greatest benefit of their plan is that you’ll only be charged after your debt has been settled. All you need to sign up to 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 your tax debt. After they have gathered all your financial records They will also gather all the documents you’ll require for tax returns.
Through this program, you should be able to deal with the various types of tax problems such as garnishments on wages and tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They only use flat-fee pricing, which depends on the amount you must settle.
They offer different options for the settlement of the tax debt. Here are 6 of them:
- 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 they specialize in debt settlement, it is not their specialization, they don’t offer all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t help you if your debt or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off taxes that are due without difficulty. Moreover, this type of service is available to all 50 states in the event that you owe money towards the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate any loans they have to pay.
Personal and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Additionally, they do not charge high charges either. On average, you’ll have to pay up to 20% of the debt you settled with them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies according to the amount you can save up per month.
They also claim that you could save up to 30% if you include their fees in your equation.
But this claim will also vary, depending on your situation. Some customers even claimed to save 50 to 80percent.
Advantages to using CuraDebt
Now that you have 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 after you’ve settled your debt. Furthermore they charge only a 20% fee while most companies charge you 25 percent.
Then, if you’re done with the debt settlement program, you can also sign up for their credit restoration program.
It’s a fantastic method to improve the credit rating without having to go back into debt. However, the program lasts differently for each person according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor using their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . Therefore, if you’re trying build a better rating on your credit, this might delay you from working on your debt.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients but it’s aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on those types of services. In addition, their 20% service charge is less expensive than the majority of firms that charge a 25% fee. There is no upfront payment, and you will only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to track your progress. Lifeback Tax Relief
But, they do have a great support team that you can contact them not only through emails but also by phone or making an e-ticket. Lifeback Tax Relief
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they provide are in your state.
FAQ Lifeback Tax Relief
What is the time frame to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief to help you with problems such as delinquent payroll taxes and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.