Have your debts increased lately? Are you exhausted from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they are able to help or put you in more debt.
According to their clients, they can help you control 80percent of your debts so that you can take couple of w
orries off your mind.
For some, these claims are just too good to be true.
You might be looking for anything that can aid you in settling your debt. In that case, CuraDebt will mostly be recommended by people. We’ll take a deeper study of how CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, check out this video instead in case you would prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Limitation Of Relief Tax Treaty
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. However, they also offer additional services to help you be more financially secure.
The process starts by requesting a no-cost savings estimate online. It is a completely private service and won’t conduct a credit inquiry. With this estimate of savings you’ll discover more about other options in your journey to debt-free.
Savings estimates, which was mentioned earlier, provides you with an idea of your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration if you decide to join. Some financial advisors can help you in your debt-free journey.
Following your debt settlement plan, CuraDebt will be the agency to take care of all the calls from your creditors. They will also be the ones who will determine what you will pay for your payment in accordance with the state of your finances. Depending on which works most effectively to you, this could either be a lump sum settlement or a payment plan.
Furthermore, they will be working with creditors to ensure that you get better rates when you transfer money into your savings account. This in turn, will process to pay off the creditors. Their programs can assist you to settle the debt within the period of 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts Client Portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with medical bills, personal loans, credit cards and also line of credit. You can also approach them to pay off any remaining amount on business debts collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive support for most claims, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, if they are possible. Some violations can also result in having your debts also dismissed.
CuraDebt can also help you repay debt for less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The greatest benefit of the program is that you’ll only be charged once your debt is settled. All you have to sign up to some of their programs and you’ll be able 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 and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you will be able to resolve various tax issues such as garnishments on wages 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 hidden fees neither are there hidden fees. They only use flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options in the settlement of your 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 kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their forte however, they do not offer all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your debt or loan is tied to an item that is physical.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any problems. Furthermore, this service is available across all 50 states, if you owe money to the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students negotiate any student loans that they owe.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card CuraDebt can assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt 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 debts.
Additionally, they do not charge high fees as well. On average, you’ll have to pay up to 20% of the debt you settled through them.
In general, this type of business can cost anywhere from 15% to 25 percentage.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you save per month.
They also claim you can save up to 30% by incorporating their fees in your equation.
However, this statement will depend on your specific situation. Some customers even claimed to save 50% to 80percent.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Additionally, they only charge an amount of 20%, while many companies charge 25%.
If you’re finished in the process of debt resolution you could join their credit repair program.
It’s an excellent method to improve your credit score without going into debt again. The program is however designed different for every person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any violations of creditor with the help of their own 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 usually require that you cease making payments with . Therefore, if you’re trying increase your credit score, it may set you back while you’re getting rid of your obligations.
CureDebt does not have a mobile app available. Although they have a website that clients can access, it looks outdated and basic. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more for these types of services. Additionally their 20% service charge is lower than many companies that offer a 25% fee. There is no upfront payment and you’ll only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app that will make it easier to monitor your progression.
They do have a great support team that you can contact them, not only via emails but also via phone or sending an e-ticket. Limitation Of Relief Tax Treaty
If your credit card is a major issue right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services they provide are in your state.
FAQ Limitation Of Relief Tax Treaty
What is the time frame to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt provides tax relief programs that can assist you with issues such as delinquent payroll taxes and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.