Have your debts increased lately? Are you exhausted from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because already tried everything.
In the majority of cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or help you get into more debt.
According to their clients they can help you manage 80% of your debt , so you can finally take a couple of worries off your plate.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, check out this video instead if you prefer for it to be watched.
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’ll want to read the rest of the article for a more comprehensive review.
About the Company National Tax Relief Complaints
CuraDebt is an organization that deals with debt relief in 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 by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. However, they also offer other services that will assist you in becoming financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. This service is very confidential and they will not conduct a credit inquiry. With this estimate of savings you’ll be able to be able to learn more about the other options in your journey to debt-free.
This estimate of savings, as mentioned previously, offers you an idea of your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt is the one to handle all of the calls from your creditors. They’ll be the ones who will determine the terms of your payment in accordance with the state of your financial situation. Based on what works most effectively your situation, the payment can either be a lump sum settlement or an installment plan.
Furthermore they will be working with lenders to help you have better rates as you transfer money into your savings account, which in turn, will be processed to pay back the creditors. The plans they offer can help you get rid of debt in just two years.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is log in to CuraDebts Client Portal to monitor your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards as well as line of credit. They can also be approached to help settle any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. But, you won’t receive assistance for the majority cases, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll 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 the violations of creditors so that you can have cash settlements, should it be possible. Certain violations may cause your debt to be also dismissed.
CuraDebt also allows you to settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost meeting with their debt counselor.
The best part about the program is that you’ll only have to pay for the charges after your debt has been settled. All you have to sign up to some of their programs, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
Through this program, you should be able to solve the various types of tax problems like garnishments on wages, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges either. They only use flat-fee pricing, which depends on the amount you’ll have to pay.
They offer different options when it comes to paying off 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 debt settlement is their specialization, they don’t offer all kinds of settlement. CuraDebt is only focused on debt that is not secured. They can’t assist 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 make arrangements for settlements.
With CuraDebt, you should be able to pay taxes that are due without any issues. Additionally, 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 can also help resolve any medical-related debt. In some instances you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students in negotiating any loans they are owed.
Personal loans and payday loans are also eligible for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
What will it cost you?
The best part about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
Also, they don’t charge high fees as well. In the average, you’ll need to pay as much as 20% of the debt you settled with them.
In general, this type of industry can charge anywhere from 15% to 25 percentage.
In addition, customers can expect to settle their debts within between 2 and 4 years. However, this also varies depending on the amount that you are able to save each month.
Also, they claim you can save as much as 30% if you include their costs into your calculations.
However, this statement will depend on your situation. Some clients even mentioned saving 50% to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits from using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Furthermore they charge only a 20% fee while most companies charge you 25%.
Next, if you’re done by the program for debt relief you can also sign up for their credit restoration program.
It’s an excellent method to improve your credit without going into debt again. The program is however designed in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your credit 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 using their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. So if you’re trying to increase your credit score, it may delay you from working on your obligations.
CureDebt does not offer a mobile application. While they have a client website, it looks old and mundane. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Moreover, their 20% service fee is less expensive than the majority of firms that charge an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to monitor your progress. National Tax Relief Complaints
They do have a good support team that you can contact them not only through emails but also by phone or making an electronic ticket. National Tax Relief Complaints
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ National Tax Relief Complaints
How long does it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
Sure, CuraDebt has a tax relief program that will help you with problems such as late payroll tax and garnishments of wages.
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.