Are you experiencing debt that has been piling up lately? Are you burnt out from trying various 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 option is to speak with experts who can assist you settle this issue.
CuraDebt is among the most asked companies. Many customers have asked if they can help you or put you into more debt.
According to their clients they can assist you in managing 80% of your debts so that you can take couple of things off your shoulders.
But for some 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 situation, CuraDebt will mostly be recommended by people. We’ll take a deeper study of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before beginning the review, watch this video instead for a more relaxing way for it to be watched.
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 Snap Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. They also provide additional services to assist you in becoming financially secure.
The process begins by requesting a free savings estimate on the internet. This service is very confidential and won’t conduct a credit inquiry. With this savings estimate you’ll discover more about options to be debt-free.
Savings estimates, as mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you with your debt-free journey.
Following your debt settlement program, CuraDebt is the one to handle all of your creditor’s calls. They will also be the ones that negotiate conditions of the repayment depending on the condition of your financial situation. Depending on which works best your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Additionally, they will work with lenders to help you get better rates when you transfer money into your savings account. This in turn, will be processed to pay off the creditors. Their plans can help you get rid of debt in just two years.
Once you’ve signed up with them, they will provide you with access to your information 24/7. All you need to do is sign in to CuraDebts’ client portal to track your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt will assist you in dealing your debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards and also loans. You can also approach them to settle any outstanding balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t receive assistance for the majority cases, loans from the government, collateral, and 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 also help you find creditor violations in order to get cash settlements, if possible. Certain violations could cause your debt to be removed as well.
CuraDebt lets you repay debt for less than the amount you have. They also allow you to have questions answered during a free meeting with their debt counselor.
The most appealing aspect of their plan is that you’ll only pay the fees once your debt is settled. All you need to do is sign up with any of the plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial documents They will also gather all the necessary paperwork for tax returns.
By using this program, you should be able to solve different types of taxes such as wage garnishments as well as tax penalties for personal and corporate taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs also. They only offer flat-fee prices, which depends on the amount you must settle.
There are a variety of options for paying off taxes. 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 are they able to help with?
Although debt settlement is their specialty but they aren’t able to cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if the debt or loan is tied to an item that is physical.
If you do have the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any problems. Furthermore, this service is accessible across all 50 states, if you have a debt to the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt will also help you resolve the medical bills. In certain cases, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students negotiate any loans they have to pay.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program 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
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. Only pay when you’ve paid each of your debts.
Additionally, they do not charge high fees as well. In the average, you’ll need to pay up to 20% of the debt you settled through them.
On average, this type of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to pay off their debts in two to four years. This varies in relation to the amount you are able to save each month.
Additionally, they claim that you could save as much as 30% by incorporating their charges into your calculation.
However, this statement will differ based on the situation. Some customers have even talked about saving between 50% and 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. In addition they only charge an amount of 20%, while many companies charge 25%.
Next, if you’re done by the program for debt relief, you could join their credit repair program.
It’s an excellent method to improve your credit without going back into debt. The program is however designed different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also investigate any violations by creditors with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with your credit card. So if you’re trying to increase your rating on your credit, this could delay you from working on your debt.
CureDebt does not offer a mobile application. Although they have a client website but it’s aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on these kinds of services. Moreover their 20% service charge is less expensive than the majority of companies that offer an additional 25% charge. There is no upfront payment and you’ll only have to pay the fee when the debt is settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which would make it easier to track your progression. Snap Tax Relief
They do have a great support team that you can contact them not just via email but also by phone or submitting an e-ticket. Snap Tax Relief
If the credit card is a major issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they provide are in your state.
FAQ Snap Tax Relief
How long does it take to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt offers a program for tax relief that can help you with problems like delinquent tax issues and garnishments of wages.
What should I do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.