Have your debts been piling up lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their clients they can assist you in managing the majority of your debt , so you are able to take couple of w
orries off your plate.
But for some people, these claims are just too good to be true.
You might be looking for any solution that could assist you in paying off your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way 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 overview. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Ponzi Scheme Tax Relief
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 with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is the most popular feature. However, they also offer other services that can assist you in becoming financially stable.
It all begins by requesting a free savings estimate online. This service is very confidential and they will not be conducting a credit screening. With this estimate of savings you’ll be able to learn more about your options towards debt-free.
This estimate of savings, as mentioned previously, offers you an idea of 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 assist you with credit arbitration if you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the one to handle all of your creditor’s calls. They’ll be the ones who determine what you will pay for your repayment depending on the condition of your finances. In determining which option is the best to you, this could be either a lump sum settlement or a payment plan.
Moreover they will be working with creditors to ensure that you enjoy better rates when you deposit money to your savings account. This in turn, will be processed to pay back creditors. Their plans can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable 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.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans, credit cards and also loans. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get support for most of your lawsuits, loans from the government as well as collateral and utility bills. The same goes for 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 can also assist you in identifying debtors who are in violation in order to get cash settlements, if they are possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you have. Additionally, you can have questions answered during a free meeting with their debt advisor.
The most appealing aspect of the program is that you’ll only pay the fees once your debt is settled. All you have to sign up to one of their plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
Through this program, you should be able to deal with various tax issues like garnishments on wages, tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing and is dependent on the amount you’ll need to settle.
They offer different options when it comes to settling your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their forte however, they do not offer all kinds of settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without any issues. Furthermore, this service is offered to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some instances you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your debts.
Also, they don’t have high-cost costs either. In the average, you’ll need 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 percent.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
Also, 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 specific situation. Some clients even mentioned saving between 50% and 80percent.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25%.
If you’re finished by the program for debt relief you may join their credit repair program.
It’s an excellent method to improve your credit without going in 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. This means the amount you owe won’t rise as time passes. They’ll also be looking into any violations of creditor with the assistance of their experts in-house.
The drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using the credit card you use. If you’re trying to build a better standing on credit scores, you might cause you to delay working on your debt.
CureDebt does not offer a mobile application. While they have a website for clients but it’s outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Additionally their 20% service fee is lower than many firms that charge an additional 25% charge. There are no upfront payments and you’ll only have to pay when the debt is settled.
Although they’ll give you an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which could make it easier for you to look at your progression.
But, they do have a competent support staff, and you can reach them not only through emails but also via phone or sending an e-ticket. Ponzi Scheme Tax Relief
If your debt is a big issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ Ponzi Scheme Tax Relief
What is the time frame to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt has a tax relief program that can aid you in dealing with problems such as delinquent payroll tax issues and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce your debt over time.