Are you experiencing debt that has increased lately? Are you exhausted from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because been through everything.
In the majority of cases, your best way is to approach experts who can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their customers, they can help you manage the majority of your debt , so you can take couple of things off your shoulders.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at how CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, you can go to this video in case you would prefer for it to be watched.
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 the article for a more comprehensive review of CuraDebt.
About the Company Relief From The Estate Tax
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. But they offer additional services to assist you in becoming financially stable.
It all starts by requesting a no-cost savings estimate on the internet. It is a completely private service and they will not be doing a credit check. With this savings estimate, you will learn more about your options towards debt-free.
Savings estimates, as mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with credit arbitration if you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt will be the one to take care of all your creditors’ calls. They’ll be the ones who negotiate the terms of your repayment based on the status of your financial situation. Depending on which works most effectively your situation, the payment can be a lump-sum settlement or the option of a payment plan.
Furthermore they will be working with creditors to ensure that you have better rates as you transfer money into your savings account. This, in turn, will be processed to pay back creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve registered with them, they’ll allow you access to your data 24/7. All you have to do is sign in to CuraDebts’ client portal to track your progress.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to be:
- At least 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 the different ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing your debt. They can negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans credit cards as well as loans. They are also able to settle any outstanding amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive support for most claims, government loans, 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 will also help you identify the violations of creditors to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the amount you own. You can also ask questions during their free meeting with their debt advisor.
The best part about their program is that you will only be charged once your debt is settled. All you need to do is sign up with some of their programs, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
By using this program, you should be able to solve the various types of tax problems such as garnishments on wages as well as tax penalties for personal and corporate taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you have to pay.
They offer different options for settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their specialization, they don’t provide all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to help you if the debt or loan is tied to an actual item.
If you do have the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay tax debts that were due to be paid without difficulty. Additionally, this service is accessible to all 50 states if you owe money towards the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some instances you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students with negotiating any student loans that they owe.
Personal and payday loans are also eligible as debt-settling programs. You can also avail if you have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards, CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
Also, they don’t have high-cost fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled with them.
On average, this type of business can cost anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in two to four years. But, it also differs in relation to the amount you are able to save each month.
They also claim that you can save up to 30% when you factor in their costs into your calculations.
However, the claim may differ based on the situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished by the program for debt relief, you may enroll in their credit repair program.
It’s a fantastic method to improve your credit without having to go back into debt. The program is however designed in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any creditor violations using their own experts.
Drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with your credit card. Therefore, if you’re trying build a better rating on your credit, this may delay you from getting rid of your credit card debt.
CureDebt does not have a mobile app available. Although they have a website that clients can access but it’s outdated and basic. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on these kinds of services. Moreover their 20% service cost is lower than many firms that charge the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app, which could make it easier for you to track your progress.
However, they have a competent support staff, and you can reach them, not only via emails but by phone or by submitting an electronic ticket. Relief From The Estate Tax
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they offer are available in your state.
FAQ Relief From The Estate Tax
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt provides tax relief programs that will assist you with issues such as late payroll tax issues and garnishments of wages.
What do I need to do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to pay down your debt over time.