Has your debt been increasing lately? Are you burnt out from trying various financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
In most cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can help you or help you get into more debt.
According to their clients they can assist you in managing 80% of your debt , so you are able to take few things off of your mind.
But for some people, these claims are just too good to be true.
If you’re looking for anything that can assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at the way CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, you can watch this video instead in case you would prefer watching it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Relief For Tax Levi
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. But they offer other services that will assist you in becoming financially stable.
The process begins with requesting a free savings estimate on the internet. This service is very confidential and won’t be doing a credit check. With this estimate of savings you’ll be able to learn more about your options towards debt-free.
This estimate of savings, which was mentioned previously, offers you the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt is the one to answer all of your creditor’s calls. They’ll also be the ones that negotiate the terms of your settlement depending on the condition of your finances. In determining which option is the best for you, it can either be a lump sum settlement or a payment plan.
Additionally, they will be working with the lenders to help you have better rates as you deposit money to your savings account. This, in turn, will process to pay creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you have to do is login to CuraDebts the client portal so that you can monitor your development.
Before you can benefit from the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $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 help you deal with debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills, credit cards and lines of credit. They can also be approached to pay off any remaining balance on business debt, collections, or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you won’t get assistance for the majority 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 assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, if they are possible. Certain violations may cause your debt to be removed as well.
CuraDebt lets you pay off debts with less than the sum you have. You can also inquire about your debt during their no-cost consult with their debt counsellor.
The greatest benefit of the program is that you only pay the fees when your debt is paid off. All you have to sign up to some of their programs, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you will be able to deal with different types of taxes such as garnishments on wages as well as tax penalties for personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
They have different solutions for settling the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their specialty however, they do not cater to all types of debt settlement. CuraDebt only focuses on unsecured debt. They aren’t 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 arrange settlements for you.
With CuraDebt it is expected that you will be able to settle taxes that are due without difficulty. Moreover, this type of service is accessible to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you could even settle them for less than what you have to pay.
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.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. Only pay when you settle each of your debts.
They also do not charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled with them.
In general, this type of industry charges between 15% and 25%.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies depending on the amount that you can save up per month.
Additionally, they claim you can save up to 30% when you factor in their fees in your equation.
However, this statement will depend on the situation. Some clients even mentioned saving 50 to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, let’s look into the advantages of using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Furthermore they only charge a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief you can join their credit restoration program.
It’s a fantastic way to restore your credit without having to go in debt again. The program is however designed differently for each person according to your personal situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also investigate any violations of creditor with the help of their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with your credit card. If you’re trying to improve your rating on your credit, this might set you back while you’re working on your credit card debt.
CureDebt also doesn’t have a mobile app. While they do have a client website, it looks outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more on those types of services. Moreover, their 20% service cost is lower than many companies that offer the 25% cost. There are no upfront payments, and you will only have to pay when your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which could make it easier for you to track your performance.
They do have a competent support staff, and you can reach them not only through emails but also via phone or making an e-ticket. Relief For Tax Levi
If credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Relief For Tax Levi
What is the time frame to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt has a tax relief program that will assist you with issues such as late payroll taxes 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 pay down your debt over time.