Are you experiencing debt that has been increasing lately? Are you tired of trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can assist you in managing the majority of your debt so that you can finally take a couple of w
orries off your mind.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before you begin the review, check out this video instead if you prefer watching 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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Proviso Tax Relief To Seniors
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. However, they also offer other services that can aid you in becoming more financially secure.
First of all, it begins by requesting a free savings estimate on the internet. This service is very confidential and they will not conduct a credit inquiry. By using this estimate of savings, you will discover more about other options in your journey to be debt-free.
Savings estimates, which was mentioned previously, offers 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. Some financial advisors can help you in your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the company to take care of all your creditors’ calls. They’ll also be the ones that will negotiate the terms of your repayment based on the status of your finances. Based on what works best for you, it could be either a lump sum settlement or an installment plan.
Moreover, they will work with lenders to help you get better rates when you make deposits to your savings account, which is then processed to pay the creditors. Their plans can help you settle the debt within two years.
After you’ve registered with them, they’ll give you access to your information 24/7. All you have to do is login to CuraDebts Client Portal to track your performance.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans credit cards and also lines of credit. They can also be approached to settle any outstanding amount on business debts, collections, or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, should it be possible. Certain violations may cause your debt to be removed as well.
CuraDebt also allows you to settle debt with less than the sum you have. They also allow you to have questions answered during a free consultation with their debt counsellor.
The most appealing aspect of their plan is that you’ll only have to pay for the charges once your debt is settled. All you need to do is sign up with any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
Through this program, you should be able to deal with various tax issues such as wage garnishments, tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you must settle.
They offer different options for settling taxes. Here are 6 of them:
- 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?
While debt settlement is their specialty however, they do not offer all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They can’t assist you if your credit or loan is tied to an item that is physical.
However, if you have the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any issues. Additionally, this service is available to all 50 states in the event that you have a debt towards the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve your medical debt. In some instances, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students negotiate the student loans they owe.
Personal loans and payday loans are also eligible as debt-settling 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 or traditional credit cards and private-label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your debts.
Additionally, they don’t charge high charges either. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In general, this type of industry charges between 15% and 25%.
Moreover, clients can expect to pay off their debts in 2 to 4 years. But, it also differs according to the amount you save per month.
They also claim that you could save up to 30% when you factor in their costs into your calculations.
However, the claim may vary, depending on the situation. Some customers even claimed to save 50 to 80percent.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Additionally they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution you may also sign up for their credit repair program.
It’s a fantastic option to rebuild your credit score without going back into debt. However, the program runs different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations of creditor using their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with the credit card you use. If you’re trying to increase your standing on credit scores, you might cause you to delay getting rid of your debt.
CureDebt also doesn’t have a mobile app. While they have a website that clients can access but it’s aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more for these types of services. Moreover the 20% service charge is lower than many firms that charge a 25% fee. There are no upfront payments, and you will only have to pay when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app that would make it easier to monitor your progress.
They do have a competent support staff and can be reached them not just via email but also via phone or making an e-ticket. Proviso Tax Relief To Seniors
If the problem of debt is an issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Proviso Tax Relief To Seniors
How long does it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt offers a program for tax relief to help you with problems such as delinquent payroll tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.