Have your debts been increasing lately? Are you exhausted from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, your best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they are able to help or help you get into more debt.
According to their customers, they can help you manage 80% of your debts so that you can take few things off of your mind.
For some they believe these claims are too good to be true.
You might be looking for something that will help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll take a deeper look at the way CuraDebt works and what problems it could help solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, watch this video instead if you prefer to watch 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Rubicon Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded 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, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. However, they also offer other services that can aid you in becoming more financially stable.
The process begins by requesting a free savings estimate online. This service is very confidential and they will not be doing a credit check. By using this estimate of savings, you will learn more about your other options in your journey to debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an insight into your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt will be the agency to take care of all your creditors’ calls. They’ll be the ones who will negotiate conditions of the repayment based on the status of your finances. Based on what works most effectively for you, it can be a lump-sum settlement or an installment plan.
Furthermore they will be working with the creditors to ensure that you get better rates when you deposit money to your savings account, which is then processed to pay back the creditors. The plans they offer can help you settle the debt within 48 months.
After you’ve signed up with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts the client portal so that you can monitor your progress.
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
- Earn a reliable 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 aid you.
Like their name implies, CuraDebt can help you deal with your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes medical bills, personal loans credit cards as well as lines of credit. They can also be approached to settle any outstanding balance on business debt collection, repossessions, or collections.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt can also help you repay debt for less than the amount you have. They also allow you to have questions answered during a free consult with their debt counselor.
The most appealing aspect of their program is that you’ll only be charged after your debt has been settled. All you have 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 deal with the tax liabilities you have. After they have gathered all your financial documents They will also gather all the documents you’ll require to file tax returns.
Through this program, you’ll be able to deal with the various types of tax problems like wage garnishments and tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only use flat-fee pricing and is dependent on the amount you’ll have to pay.
They offer different options in the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty however, they do not cater to all types in debt resolution. CuraDebt only focuses on debt that is not secured. They can’t help you if the loan or debt is linked to a physical item.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay tax debts that were due to be paid without any issues. Moreover, this type of service is offered to all 50 states in the event that you owe money to the IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students in negotiating any student loans that they are owed.
Payday loans and personal loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will assist you in paying it off.
What will it cost you?
The best part about CuraDebt’s pricing is how the company has priced its 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. In the average, you’ll need to pay as much as 20 percent of the debt that you settled through them.
In general, this type of industry can charge anywhere between 15% and 25 percent.
Additionally, customers can anticipate to pay off their debts in two to four years. This varies according to the amount you can save up per month.
Additionally, they claim that you can save up to 30% by incorporating their costs into your calculations.
However, this statement will depend on your specific situation. Some customers have even talked about saving 50% to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. Additionally they charge only a 20% fee while most companies charge you 25 percent.
Then, if you’re done by the program for debt relief, you may join their credit repair program.
It’s a great way to restore your credit without having to go back into debt. The program is however designed in a different way for each individual 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 by creditors using their experts in-house.
Some disadvantages to using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with . So if you’re trying to increase your credit score, it could set you back while you’re working on your debt.
CureDebt also doesn’t offer a mobile application. While they do have a client website however, it appears aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not accredited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more for these types of services. In addition the 20% service cost is cheaper than most firms that charge a 25% fee. There are no upfront payments and you’ll only have to pay when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt does not have an app that will make it easier to monitor your performance. Rubicon Tax Relief
They do have a competent support staff and can be reached them, not only via emails but also by phone or making an electronic ticket. Rubicon Tax Relief
If the credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Rubicon Tax Relief
How long does it take to finish the program?
The program typically takes between 24 and 48 months depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt provides tax relief programs that can assist you with issues such as delinquent payroll taxes and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.