Has your debt been piling up lately? Are you burnt out from trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In most cases, the most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people are asking 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 that you can take couple of things off your shoulders.
However, for certain people they believe these claims are too good to be true.
If you’re looking for anything that can help you resolve your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, 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 the article for a more comprehensive review.
About the Company Runoff Barrier Tax Relief Logistics
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will help you be more financially secure.
The process begins by requesting a free online savings estimate. It is a completely private service and won’t be conducting a credit screening. With this estimate of savings you’ll discover more about other options in your journey to be debt-free.
The savings estimate, as mentioned previously, offers you the opportunity to consider your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt will be the one to take care of all the calls from your creditors. They will also be the ones that negotiate what you will pay for your repayment in accordance with the state of your financial situation. Based on what works most effectively for you, it can either be a lump sum settlement or an installment plan.
Moreover they will also work with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This is then processed to pay creditors. The plans they offer can help you settle the debt within two years.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to monitor your progress.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- 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 assist you.
As their name suggests, CuraDebt can help you deal 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 are also able to pay off any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive support for most claims, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like that of 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, should it be possible. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the amount you have. Additionally, you can ask questions during their free meeting with their debt advisor.
The best part about the program is that you’ll only be charged after your debt has been settled. All you have to do is sign up with some of their programs, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to solve the various types of tax problems like garnishments on wages and tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you have to pay.
They have different solutions when it comes to the settlement of taxes. Here are 6 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 help you with?
Although they specialize in debt settlement, it is not their specialty however, they do not provide all kinds of settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to assist you if your loan or debt is linked to a physical item.
If you do have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off 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 in arrears to IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also assist in settling your medical debt. In some cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students negotiate 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 another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Also, they don’t charge high charges either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
On average, this type of industry can charge anywhere between 15 and 25 percent.
In addition, customers can expect to settle their debt from two to four years. However, this also varies according to the amount you save per month.
Also, they claim that you can save up to 30% if you include their fees in your equation.
However, the claim may differ based on the situation. Some clients even mentioned saving between 50% and 80percent.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. Furthermore they charge only an amount of 20%, while most companies charge you 25%.
Then, if you’re done in the process of debt resolution, you could enroll in their credit repair program.
It’s an excellent way to restore the credit rating without going into debt again. The program is however designed in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means your debt won’t inflate over time. They’ll also investigate any creditor violations using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using 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 offer a mobile application. While they have a website for clients however, it appears aged and simple. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows 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 the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress, their website is not user-friendly. CuraDebt also doesn’t have an app yet, which would make it easier to track your progression.
They do have a great support team, and you can reach them not just via email but by phone or by making an electronic ticket. Runoff Barrier Tax Relief Logistics
If debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your area.
FAQ Runoff Barrier Tax Relief Logistics
What is the time frame to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll tax and wage garnishments.
What should I 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.