Are you experiencing debt that has been piling up lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because been through everything.
In most cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they can help you or help you get into more debt.
According to their customers, they can assist you in managing the majority of your debt so that you can take few things off of your shoulders.
However, for certain people the claims seem too good to be true.
If you’re looking for anything that can help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before beginning the review, you can go to this video in case you would prefer for it to be watched.
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. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Millennial Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. However, they also offer additional services to assist you in becoming financially stable.
First of all, it begins with requesting a free online savings estimate. It is a completely private service and won’t be conducting a credit screening. With this savings estimate, you will learn more about your alternatives to debt-free.
Savings estimates, as mentioned earlier, provides you with an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the one to handle all of your creditors’ calls. They will also be the ones that determine the terms of your repayment in accordance with the state of your finances. Depending on which works most effectively to you, this can either be a lump sum settlement or an installment plan.
Additionally, they will be working with the lenders to help you get better rates when you make deposits to your savings account. This in turn, will process to pay creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is sign in to CuraDebts Client Portal to track your progress.
Before you are able to avail their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 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 assist you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills, credit cards as well as lines of credit. You can also approach them to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating with back taxes and 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 can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations in order to get cash settlements, if they are possible. Some violations can also cause your debt to be also dismissed.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The greatest benefit of the program is that you only pay the fees once your debt is settled. All you have to sign up for some of their programs, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial documentation They will also gather all the paperwork you’ll need for tax returns.
With this program, you will be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for 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 use flat-fee pricing that is based on the amount you need to settle.
There are a variety of options in the settlement of taxes. 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?
Although they specialize in debt settlement, it is not their forte, they don’t provide all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if the debt or loan is tied to a physical item.
However, if you have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Moreover, this type of service is available to all 50 states if you have a debt to the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling the medical bills. In some instances you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students in negotiating any student loans that they owe.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail the program if you have other unsecure credit lines you obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you’ve paid each of your outstanding debts.
They also do not charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled with them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
Moreover, clients can expect to pay off their debts in 2 to 4 years. This varies depending on the amount that you save per month.
Also, they claim you can save as much as 30% when you factor in their costs into your calculations.
But this claim will also depend on your specific situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s look into the advantages of using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. In addition, they only charge 20% of the cost, whereas the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution, you can also sign up for their credit restoration program.
It’s an excellent option to rebuild the credit rating without having to go in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any creditor violations with the assistance of their in-house experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using . If you’re trying to build a better rating on your credit, this may delay you from getting rid of your obligations.
CureDebt doesn’t even offer a mobile application. While they do have a website that clients can access, it looks outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more for these types of services. In addition, their 20% service cost is less expensive than the majority of firms that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress, their website is not easy to navigate. CuraDebt isn’t even an app, which would make it easier to monitor your progress.
But, they do have a great support team that you can contact them not just via email but by phone or by making an e-ticket. Millennial Tax Relief
If the credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Millennial Tax Relief
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt has a tax relief program that can help you with problems such as delinquent payroll tax and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.