Have your debts been increasing lately? Are you tired of trying different financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of 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 assist you in managing the majority of your debts so that you can finally take a couple of w
orries off your plate.
For some they believe these claims are too good to be true.
If you’re looking for anything that can assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll take a deeper look at how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before starting the review, go to this video if you prefer watching it.
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 review. After, you will want to read the rest of our article for a more comprehensive review.
About the Company People’S Tax Relief Scam
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. They also provide other services that can help you be more financially secure.
It all starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings you’ll discover more about options to debt-free.
The savings estimate, which was mentioned before, gives you the opportunity to consider your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration if you decide to join. Financial advisors may be able to assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt is the one to handle all of the calls from your creditors. They will be the ones who will negotiate the terms of your repayment in accordance with the state of your financial situation. Based on what works best to you, this can be either a lump sum settlement or an installment plan.
Additionally they will also work with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This, in turn, will process to pay back creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will give you access to your data 24/7. All you need to do is login to CuraDebts the client portal to monitor your development.
Before you can benefit from their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with your debt. They can negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills credit cards, as well as line of credit. They can also be approached to help settle any remaining balance of business debt, collections, or repossessions.
They can even help negotiate on tax owed as well as IRS debt. However, you will not receive assistance with the majority claims, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, if they are possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you settle debt with less than the sum you have. They also allow you to have questions answered during a free consult with their debt advisor.
The best part about their plan is that you will only be charged after your debt has been settled. All you have to sign up for one of their plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documents and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
By using this program, you should be able to solve various tax issues like wage garnishments and tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges either. They use only flat-fee pricing, which depends on the amount you’ll must settle.
They have different solutions in settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
Although debt settlement is their specialty but they aren’t able to provide all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They can’t help you if the loan or debt is linked to an item that is physical.
However, if you have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without difficulty. Additionally, this service is accessible to all 50 states in the event that you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In some cases you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate the student loans they owe.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
Also, they do not charge high charges either. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. This varies in relation to the amount you can save up per month.
Also, they claim that you can save up to 30% when you factor in their fees in your equation.
However, this statement will differ based on your specific situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while the majority of companies charge 25 percent.
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 way to restore the credit rating without having to go in debt again. However, the program runs different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the assistance of their own experts.
The drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with your credit card. Therefore, if you’re trying build a better rating on your credit, this might cause you to delay finishing your debt.
CureDebt does not offer a mobile application. While they do have a website that clients can access, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more on those types of services. Additionally their 20% service cost is cheaper than most businesses that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account to see your progress, their website is not simple to navigate. CuraDebt does not have an app, which will make it easier to look at your performance.
But, they do have a good support team that you can contact them not only through emails but also by phone or sending an e-ticket. People’S Tax Relief Scam
If your problem of debt is an issue right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ People’S Tax Relief Scam
How long will it take to complete 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 help with tax problems in the state?
Sure, CuraDebt has a tax relief program that will assist you with issues such as delinquent payroll tax issues and garnishments of wages.
What should I do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to lower the amount of debt you have over time.