Are you experiencing debt that has been increasing lately? Are you tired of trying other financial advice and strategies but still have unsolved issues?
Maybe you’re here because already tried every thing.
In the majority of cases, your best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their clients, they can help you control 80% of your debts so that you are able to take couple of w
orries off your shoulders.
But for some people, these claims are just too good to be true.
You might be looking for anything that can aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can watch this video instead for a more relaxing way watching 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 review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Overdue Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. However, they also offer other services that will aid you in becoming more financially stable.
The process begins with requesting a free online savings estimate. The service is completely confidential, and they won’t conduct a credit inquiry. With this estimate of savings, you will learn more about your other options in your journey to be debt-free.
The savings estimate, which was mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the agency to answer all of the calls from your creditors. They will also be the ones who determine what you will pay for your payment depending on the condition of your finances. In determining which option is the most effectively your situation, the payment can be either a lump sum settlement or an installment plan.
Moreover they will work with creditors so that you can get better rates when you make deposits to your savings account. This, in turn, will be processed to pay creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve signed up with them, they will give you access to your information 24/7. All you have to do is log in to CuraDebts Client Portal to monitor your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. These include medical bills, personal loans, credit cards as well as lines of credit. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, loans from the government, collateral, and utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, if they are possible. Certain violations could lead to having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you own. They also allow you to have questions answered during a free consultation with their debt counsellor.
The best part about their plan is that you will only have to pay for the charges after your debt has been settled. All you need to do is sign up with some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you will be able to deal with various tax issues such as wage garnishments, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices that is based on the amount you’ll need to settle.
There are a variety of options for settling the tax debt. Here are six 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 assist you with?
Although debt settlement is their forte, they don’t provide all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if your debt or loan is tied to a physical item.
However, if you have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without any issues. Moreover, this type of service is accessible to all 50 states if you owe money towards the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt can also help resolve your medical debt. In some instances, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students negotiate any loans they owe.
Personal loans and payday loans also qualify as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your outstanding debts.
Also, they do not charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
In the average, this kind of business can cost anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. But, it also differs depending on the amount that you are able to save each month.
They also claim you can save as much as 30% by incorporating their fees in your equation.
However, the claim may differ based on your situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. In addition they charge only 20% of the cost, whereas many companies charge 25%.
If you’re finished in the process of debt resolution you could join their credit restoration program.
It’s an excellent method to improve your credit without going into debt again. However, the program lasts differently for each person according to your personal situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any violations of creditor with the help of their own experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using . If you’re trying to increase your credit score, it might set you back while you’re working on your obligations.
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 could be difficult to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. In addition, their 20% service fee is cheaper than most firms that charge an additional 25% charge. There are no upfront payments and you’ll only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app, which will make it easier to monitor your progression.
However, they have a competent support staff and can be reached them not only through emails but also via phone or sending an electronic ticket. Overdue Tax Relief
If problem of debt is an problem, then we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services they offer are available in your area.
FAQ Overdue Tax Relief
What is the time frame to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt has a tax relief program that can help you with problems such as late payroll tax issues and wage garnishments.
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 pay the required payments to lower your debt over time.