Are you experiencing debt that has increased lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, your best option is to speak with experts who can assist you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they can help you or put you into more debt.
According to their clients they can assist you in managing the majority of your debts so that you can take few things off of your plate.
For some they believe these claims are too good to be true.
You might be looking for any solution that could aid you in settling your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how 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, you can check out this video instead in case you would prefer to watch it.
Otherwise, let’s begin.
Before you continue, 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 Middle Working Class Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a 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, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. They also provide additional services to aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service and they will not be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the options to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration if you decide to join. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt can be the company to handle all of your creditor’s calls. They’ll also be the ones who will determine conditions of the payment based on the status of your financial situation. Depending on which works most effectively your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Furthermore they will also be working with the creditors to ensure that you enjoy better rates when you transfer money into your savings account, which in turn, will process to pay off creditors. The plans they offer can help you settle the debt within two years.
After you’ve registered with them, they’ll allow 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 development.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf for all kinds of debt. They can help with medical bills, personal loans, credit cards and also lines of credit. They can also be approached to pay off any remaining amount on business debts and collections or repossessions.
They may even assist you 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 contrary, they’ll help you use laws like 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 possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the sum you have. Additionally, you can ask questions during their free consultation with their debt advisor.
The greatest benefit of their plan is that you will only be charged after your debt has been settled. All you need to sign up to any of the plans and you’ll be able to pay off all 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 necessary paperwork to file tax returns.
With this program, you should be able to solve the various types of tax problems such as wage garnishments as well as tax penalties for personal and taxation for business, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs also. They only offer flat-fee prices and is dependent on the amount that you’ll have to pay.
They have different solutions when it comes to paying off taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte however, they do not cater to all types of debt settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if the debt or loan is tied to a physical item.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay taxes that are due without any issues. Furthermore, this service is available to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt will also help you 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 federal student loans. However, they can assist private students negotiate any student loans that they have to pay.
Personal loans and payday loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you’ve paid each of your debts.
Additionally, they don’t have high-cost charges either. On average, you’ll be required to pay up to 20% of the debt you settled through them.
In general, this type of industry charges between 15 and 25 percentage.
Moreover, clients can expect to settle their debts within two to four years. But, it also differs according to the amount you save per month.
Also, they claim that you can save as much as 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on the situation. Some clients even mentioned saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25%.
Then, if you’re done by the program for debt relief you may also sign up for their credit repair program.
It’s an excellent method to improve your credit without having to go in debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any creditor violations using their own experts.
Drawbacks of 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 paying with the credit card you use. If you’re trying to build a better credit score, it might cause you to delay getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a client website, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on these kinds of services. Moreover, their 20% service cost is lower than many businesses that charge an additional 25% charge. There are no upfront payments, and you will only be required to pay once the debt is paid off.
While they’ll provide you with an account that allows you to track your progress, their website is not easy to navigate. CuraDebt isn’t even an app that could make it easier for you to monitor your performance.
They do have a competent support staff that you can contact them not only through emails but also via phone or sending an electronic ticket. Middle Working Class Tax Relief
If the debt is a big problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your state.
FAQ Middle Working Class Tax Relief
How long will it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt provides tax relief programs that will aid you in dealing with problems such as delinquent payroll 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 make the necessary payments to reduce your debt over time.