Have your debts been piling up lately? Are you tired of trying various financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried every thing.
In most cases, the best option is to speak with experts who can assist to resolve this issue.
CuraDebt is among the most frequently contacted companies. 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 the majority of your debts so that you are able to take couple of worries off your plate.
But for some people they believe these claims are too good to be true.
You might be looking for any solution that could assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, go to this video if you 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. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Pandemic Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. They also provide other services that can help you be more financially secure.
The process starts by requesting a no-cost online savings estimate. This service is very confidential and they will not be doing a credit check. With this estimate of savings you’ll be able to learn more about the other options in your journey to be debt-free.
The savings estimate, which was mentioned earlier, provides you with an insight into your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with credit arbitration if you decide to sign up. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt can be the company to answer all of your creditor’s calls. They’ll also be the ones who negotiate the terms of your payment depending on the condition of your financial situation. Based on what works best to you, this could either be a lump sum settlement or a payment plan.
Furthermore they will also be working with creditors to ensure that you get better rates when you deposit money to your savings account. This is then processed to pay off creditors. The plans they offer can help you settle the debt within the period of 48 months.
After you’ve registered with them, they’ll allow you access to your data 24/7. All you have to do is sign in to CuraDebts the client portal to monitor your progress.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for the majority of types of debt. These include medical bills, personal loans, credit cards as well as loans. 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 of your lawsuits, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, if possible. Certain violations may lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the amount you have. You can also have questions answered during a free meeting with their debt counselor.
The greatest benefit of their plan is that you will only have to pay for the charges once your debt is settled. All you need to sign up for some of their programs, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documentation, they will also collect all the necessary paperwork to file tax returns.
By using this program, you will be able to resolve different types of taxes such as garnishments on wages as well as tax penalties for personal and taxation for business as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs also. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
There are a variety of 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 types of debt can they assist you with?
Although debt settlement is their specialization however, they do not offer all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They aren’t able to help you if the debt or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any issues. Moreover, this type of service is accessible to all 50 states in the event that you have a debt to the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In certain cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students with negotiating any loans they are owed.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
Also, they don’t have high-cost charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of industry can charge anywhere between 15 and 25%.
Moreover, clients can expect to settle their debts within two to four years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you could save up to 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on your situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. In addition they only charge an amount of 20%, while many companies charge 25%.
If you’re finished in the process of debt resolution you could enroll in their credit restoration program.
It’s a great way to restore your credit without having to go into debt again. However, the program lasts in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any violations of creditor with the assistance of their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with the credit card you use. If you’re trying to improve your standing on credit scores, you could delay you from getting rid of your debt.
CureDebt doesn’t even offer a mobile application. While they have a client website but it’s aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on these kinds of services. Moreover their 20% service cost is cheaper than most firms that charge the 25% cost. There are no upfront payments, and you will only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress, their website is not simple to navigate. CuraDebt isn’t even an app that will make it easier to look at your progress. Pandemic Tax Relief
They do have a good support team, and you can reach them not just via email but also via phone or sending an electronic ticket. Pandemic Tax Relief
If the problem of debt is an problem, then we recommend CuraDebt’s service. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ Pandemic Tax Relief
How long will it take 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 in the fight against state tax issues?
Sure, CuraDebt has a tax relief program that will assist you with issues such as late payroll tax issues and garnishments of wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to pay down your debt over time.