Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they can help you or put you 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 things off your plate.
However, for certain people they believe these claims are too good to be true.
You might be looking for any solution that could help you resolve your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can go to this video for a more relaxing way to watch it.
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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Personal Income Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. But they offer other services that can assist you in becoming financially stable.
The process begins with requesting a free savings estimate on the internet. It is a completely private service and won’t be doing a credit check. With this estimate of savings, you will discover more about options towards debt-free.
The savings estimate, which was mentioned previously, offers you the opportunity to consider your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with credit arbitration if you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt can be the agency to handle all of your creditor’s calls. They’ll also be the ones that will determine what you will pay for your repayment depending on the condition of your finances. Based on what works best to you, this could be either a lump sum settlement or an installment plan.
Additionally, they will work with lenders to help you get better rates when you transfer money into your savings account, which is then processed to pay off the creditors. Their programs can assist you to pay off the debt in two years.
Once you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need 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 satisfy their criteria first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
Like their name implies, 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 medical bills, personal loans, credit cards as well as line of credit. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you will not receive assistance with the majority cases, 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 the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation in order to get cash settlements, should it be possible. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you have. They also allow you to inquire about your debt during their no-cost consultation with their debt counselor.
The greatest benefit of their plan is that you will only be charged when your debt is paid off. All you need to sign up for any of the plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
With this program, you should be able to resolve the various types of tax problems such as garnishments on wages and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing that is based on the amount you’ll have to pay.
There are a variety of options when it comes to the settlement of taxes. 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?
While debt settlement is their specialty but they aren’t able to provide all kinds of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if your loan or debt is linked to an actual item.
If you do have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to settle taxes that are due without difficulty. Additionally, this service is available across all 50 states, if you owe money to the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve the medical bills. In some cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students with negotiating the student loans they owe.
Payday loans and personal loans also qualify for the debt settlement program. You may also be eligible if you have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using 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 best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you settle each of your debts.
Additionally, they do not charge high charges either. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
In general, this type of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from two to four years. This varies in relation to the amount you save per month.
Additionally, they claim that you could save up to 30% when you factor in their costs into your calculations.
However, the claim may differ based on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, let’s explore the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Additionally they only charge 20% of the cost, whereas many companies charge 25%.
If you’re finished in the process of debt resolution you may join their credit repair program.
It’s a great option to rebuild your credit score without having to go in debt again. However, the program runs in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any violations of creditor using their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using your credit card. Therefore, if you’re trying build a better credit score, it might delay you from working on your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a website for clients, it looks outdated and basic. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more for these types of services. In addition their 20% service charge is cheaper than most firms that charge an additional 25% charge. There aren’t any upfront fees, 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 but their website isn’t simple to navigate. CuraDebt does not have an app, which will make it easier to monitor your performance. Personal Income Tax Relief
But, they do have a great support team that you can contact them, not only via emails but also via phone or submitting an electronic ticket. Personal Income Tax Relief
If problem of debt is an issue right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services that they provide are offered in your state.
FAQ Personal Income Tax Relief
How long does 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 the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt has a tax relief program to aid you in dealing with problems such as delinquent payroll tax and garnishments on wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to reduce the amount of debt you have over time.