Have your debts been piling up lately? Are you tired of trying other financial advice and strategies but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their clients, they can help you control the majority of your debts so that you are able to take couple of things off your mind.
For some, these claims are just too good to be true.
If you’re looking for any solution that could help you resolve your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
Before you begin the review, watch this video instead if you prefer 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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Spectrum Tax Relief Don Barnes
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active member 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 restricted their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. They also provide other services that can assist you in becoming financially stable.
The process begins by requesting a free savings estimate online. It is a completely private service, and they won’t be conducting a credit screening. By using this estimate of savings you’ll be able to discover more about options to be debt-free.
The savings estimate, as mentioned before, gives you an idea of your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program, CuraDebt can be the agency to handle all of the calls from your creditors. They will also be the ones who determine the terms of your repayment in accordance with the state of your finances. In determining which option is the best your situation, the payment can be either a lump sum settlement or a payment plan.
Additionally, they will be working with the lenders to help you get better rates when you transfer money into your savings account, which in turn, will process to pay off creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they’ll allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts’ client portal so that you can monitor your development.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you?
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 your behalf to settle all kinds of debt. This includes personal loans, medical bills, credit cards as well as loans. They can also be approached to settle any outstanding balance of business debt, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance for the majority claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like 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 so that you can have cash settlements, if they are possible. Certain violations may result in having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you have. Additionally, you can inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of the program is that you will only have to pay for the charges once your debt is settled. All you need to sign up for some of their programs and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you will be able to deal with various tax issues like wage garnishments and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices, which depends on the amount you need to settle.
They offer different options in settling your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their specialization, they don’t offer all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They can’t assist you if your debt or loan is tied to an item that is physical.
If, however, you are in the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle taxes that are due without any issues. Furthermore, this service is available to all 50 states in the event that you owe money in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve your medical debt. In certain cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate any student loans that they owe.
Personal and payday loans are also eligible for the debt settlement program. You may also be eligible if you have other unsecured credit lines that you have obtained from an alternative 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 most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
They also don’t charge high costs either. On average, you’ll have to pay as much as 20% of the debt you settled with them.
In general, this type of industry can charge anywhere between 15% and 25 percentage.
Moreover, clients can expect to settle their debt from between 2 and 4 years. However, this also varies in relation to the amount you can save up per month.
Additionally, they claim that you could save as much as 30% by incorporating their fees in your equation.
However, the claim may depend on the situation. Some customers even claimed to save 50% to up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. Additionally, they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done by the program for debt relief you can enroll in their credit restoration program.
It’s a great way to restore your credit without having to go back into debt. The program is however designed different for every person, depending on your situation.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the assistance of their experts in-house.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop paying with the credit card you use. If you’re trying to increase your rating on your credit, this may delay you from working on your credit card debt.
CureDebt also doesn’t offer a mobile application. While they do have a client website, it looks aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they were awarded 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, their 20% service fee is less expensive than the majority of firms that charge a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to track your progress.
But, they do have a competent support staff, and you can reach them not only through emails but also by phone or sending an e-ticket. Spectrum Tax Relief Don Barnes
If debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs that they provide are offered in your state.
FAQ Spectrum Tax Relief Don Barnes
What is the time frame to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll tax and garnishments on wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down your debt over time.