Has your debt been increasing lately? Are you tired of trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your best option is to speak with professionals that can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people are asking if they can help you or put you in more debt.
According to their clients they can help you manage 80% of your debt so that you can finally take a couple of w
orries off your plate.
But for some people the claims seem too good to be true.
If you’re looking for anything that can help you resolve your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, you can check out this video instead in case you would prefer for it to be watched.
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 of CuraDebt.
About the Company Precision Tax Relief User Reviews
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer additional services to assist you in becoming financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service and they will not conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about the alternatives towards debt-free.
Savings estimates, as mentioned before, gives you the opportunity to consider your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement plan, CuraDebt is the one to answer all of your creditor’s calls. They will also be the ones that determine conditions of the repayment in accordance with the state 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.
Additionally they will work with lenders to help you have better rates as you deposit money to your savings account. This in turn, will be processed to pay back creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll provide you with access to your data 24/7. All you have to do is login to CuraDebts Client Portal to track your progress.
Before you are able to avail their program, you’ll need 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
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with medical bills, personal loans credit cards and loans. They are also able to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate on tax owed as well as IRS debt. However, you won’t get assistance with the majority cases, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you repay debt for less than the sum you have. They also allow you to have questions answered during a free consultation with their debt counselor.
The most appealing aspect of their program is that you will only be charged when your debt is paid off. All you have to sign up for any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you will be able to deal with various tax issues like wage garnishments and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges either. They use only flat-fee pricing that is based on the amount you need to settle.
There are a variety of options in the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to offer all kinds of settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if the loan or debt is linked to an item that is physical.
If you do have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without difficulty. Furthermore, this service is accessible to all 50 states if you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In some instances, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate the student loans they have to pay.
Payday loans and personal loans are also eligible for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will help you pay it off.
How much will it cost?
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 charge high fees as well. On average, you’ll have to pay up to 20% of the debt you settled with them.
In general, this type of business can cost anywhere between 15 and 25%.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. However, this also varies depending on the amount that you are able to save each month.
Additionally, they claim you can save up to 30% if you include their charges into your calculation.
However, the claim may depend on your situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. In addition they only charge 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done in the process of debt resolution, you may join their credit restoration program.
It’s a great option to rebuild the credit rating 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. It means that the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop paying with your credit card. Therefore, if you’re trying increase your standing on credit scores, you might cause you to delay working on your debt.
CureDebt does not have a mobile app. While they have a client website however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the 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 these kinds of services. In addition their 20% service fee is lower than many firms that charge a 25% fee. There aren’t any upfront fees, and you will only be required to pay once your debt is finally settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app yet, which will make it easier to monitor your progress.
They do have a competent support staff and can be reached them, not only via emails but by phone or by sending an e-ticket. Precision Tax Relief User Reviews
If the debt is a big problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Precision Tax Relief User Reviews
How long will it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What do I need to do when I’m enrolled in 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.