Have your debts increased lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they are able to help or help you get into more debt.
According to their customers, they can assist you in managing 80percent of your debt so that you can take couple of w
orries off your mind.
However, for certain people, these claims are just too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before starting the review, you can watch this video instead in case you would prefer watching it.
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 review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Review Tax Relief Companies
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. They also provide other services that will assist you in becoming financially secure.
First of all, it begins with requesting a free savings estimate online. It is a completely private service and won’t be doing a credit check. With this savings estimate you’ll learn more about your alternatives to debt-free.
Savings estimates, as we’ve mentioned previously, offers you an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt is the company to take care of all your creditor’s calls. They’ll also be the ones that will negotiate the terms of your settlement based on the status of your finances. Depending on which works best to you, this can be a lump-sum settlement or a payment plan.
Additionally, they will work with lenders to help you have better rates as you make deposits to your savings account, which in turn, will process to pay the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll provide you with access to your data 24/7. All you need to do is login to CuraDebts the client portal to monitor your progress.
Before you can benefit from the program, you’ll have to pass their requirements first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle all kinds of debt. They can help with personal loans, medical bills credit cards, and also loans. They can also be approached to settle any outstanding amount on business debts and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get support for most claims, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, should it be possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you own. You can also ask questions during their free consultation with their debt advisor.
The greatest benefit of their program is that you only pay the fees once your debt is settled. All you have to sign up to some of their programs and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you will be able to resolve different types of taxes like garnishments on wages, tax penalties, personal and taxation for business as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll need to settle.
They have different solutions when it comes to 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 kinds of debts can they help you with?
While debt settlement is their specialization but they aren’t able to provide all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if your loan or debt is linked to an item that is physical.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off your past-due tax debts without difficulty. Furthermore, this service is offered to all 50 states in the event that you have a debt to the IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students in negotiating the student loans they are owed.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they do not charge high fees as well. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
In the average, this kind 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. However, this also varies according to the amount you save per month.
Additionally, they claim you can save as much as 30% by incorporating their fees in your equation.
However, this statement will vary, depending on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. In addition they charge only a 20% fee while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution you may join their credit repair program.
It’s a great 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.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations of creditor with the help of their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with your credit card. If you’re trying to build a better standing on credit scores, you could cause you to delay finishing your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a website that clients can access but it’s outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good 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 cheaper than most companies that offer an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to track your progression.
However, they have a great support team that you can contact them not only through emails but by phone or by making an e-ticket. Review Tax Relief Companies
If problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your state.
FAQ Review Tax Relief Companies
How long does it take to complete the program?
The program typically takes 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief to help you with problems like delinquent tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with the team and pay the required payments to pay down your debt over time.