Are you experiencing debt that has been piling up lately? Are you exhausted from trying other financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can assist you or put you in more debt.
According to their clients, they can assist you in managing 80percent of your debts so that you are able to take few things off of your mind.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of how CuraDebt is used and the problems it could help solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before starting the review, you can check out this video instead if you prefer to watch 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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Sequioa Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. But they offer other services that can help you be more financially stable.
The process begins by requesting a free savings estimate on the internet. The service is completely confidential and they will not be doing a credit check. With this estimate of savings, you will be able to learn more about the options to debt-free.
Savings estimates, as we’ve 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 counselor and a team of support to help you with credit arbitration if you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt can be the company to answer all of your creditor’s calls. They’ll also be the ones that negotiate the terms of your repayment depending on the condition of your finances. Based on what works most effectively your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Moreover they will also be working with creditors to ensure that you have better rates as you deposit money to your savings account. This in turn, will process to pay off creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is log in to CuraDebts’ client portal to track your development.
Before you are able to avail the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with your debt. They can negotiate settlements on behalf of you for all kinds of debt. This includes medical bills, personal loans credit cards as well as line of credit. They are also able to settle any outstanding balance of business debt collection, repossessions, or collections.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance with the majority 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 those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation in order to get cash settlements, should it be possible. Some violations can also result in having your debts removed as well.
CuraDebt lets you pay off debts with less than the amount you own. They also allow you to have questions answered during a free consult with their debt advisor.
The greatest benefit of their program is that you only be charged after your debt has been settled. All you have to sign up to one of their plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial documentation, they will also collect all the necessary paperwork for tax returns.
By using this program, you’ll be able to resolve the various types of tax problems like wage garnishments, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices that is based on the amount you’ll must settle.
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 types of debt can they assist you with?
While debt settlement is their forte but they aren’t able to cater to all types in debt resolution. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if the credit or loan is tied to a physical item.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without difficulty. Furthermore, this service is offered across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students negotiate any 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 that you have obtained 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 help you pay it off.
What will it cost you?
The best part about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
Also, they don’t have high-cost charges either. On average, you’ll be required to pay up to 20 percent of the debt you settled with them.
On average, this type of industry charges between 15% and 25 percentage.
Moreover, clients can expect to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
Also, they claim that you can save up to 30% if you include their fees in your equation.
But this claim will also differ based on the situation. Some customers even claimed to save 50 to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas many companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you may also sign up for their credit restoration program.
It’s a fantastic method to improve your credit without having to go into debt again. However, the program lasts different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the help of their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with . Therefore, if you’re trying increase your rating on your credit, this might set you back while you’re working on your debt.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access but it’s old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on these kinds of services. Moreover their 20% service cost is lower than many firms that charge a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app, which could make it easier for you to track your performance.
However, they have a good support team, and you can reach them not only through emails but by phone or by making an electronic ticket. Sequioa Tax Relief
If the debt is a big problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your state.
FAQ Sequioa Tax Relief
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt offers a program for tax relief that will help you with problems such as late payroll tax and wage garnishments.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.