Have your debts been piling up lately? Are you exhausted from trying other financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, your best option is to speak with experts who can assist to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they can help you or help you get into more debt.
According to their clients they can help you manage the majority of your debt so that you can take couple of w
orries off your mind.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, you can go to this video in case you would prefer for it to be watched.
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 will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Successful Tax Relief When Does Irs File Criminal Charges
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. But they offer other services that can aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate online. It is a completely private service and they will not be conducting a credit screening. With this savings estimate you’ll discover more about other options in your journey to be debt-free.
The savings estimate, which was mentioned before, gives you the opportunity to consider your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with credit arbitration if you decide to sign up. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program, CuraDebt can be the agency to answer all of your creditors’ calls. They will also be the ones that will determine what you will pay for your settlement depending on the condition of your financial situation. Based on what works best to you, this could either be a lump sum settlement or the option of a payment plan.
Furthermore they will work with creditors to ensure that you get better rates when you deposit money to your savings account. This, in turn, will process to pay back the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts Client Portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with personal loans, medical bills credit cards, and also lines of credit. They are also able to settle any outstanding amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation so that you can have cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you own. Additionally, you can inquire about your debt during their no-cost meeting with their debt counsellor.
The most appealing aspect of their program is that you’ll only have to pay for the charges after your debt has been settled. All you need to sign up for any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial records, they will also collect all the necessary paperwork to file tax returns.
With this program, you’ll be able to deal with the various types of tax problems like garnishments on wages, tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing, which depends on the amount you’ll must settle.
There are a variety of options when it comes to settling taxes. 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 can they help you with?
Although they specialize in debt settlement, it is not their specialization however, they do not cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to assist you if your loan or debt is linked to an actual item.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle your past-due tax debts without any issues. Moreover, this type of service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students in negotiating the student loans they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you settle each of your outstanding debts.
They also don’t charge high charges either. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
On average, this type of industry charges between 15 and 25 percent.
Moreover, clients can expect to settle their debts within between 2 and 4 years. This varies depending on the amount that you can save up per month.
They also claim you can save as much as 30% by incorporating their charges into your calculation.
However, the claim may differ based on the situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25%.
If you’re finished with the debt settlement program you may join their credit restoration program.
It’s an excellent way to restore your credit score without going in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any creditor violations with the help of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using . If you’re trying to improve your credit score, it might set you back while you’re finishing your debt.
CureDebt doesn’t even have a mobile app. Although they have a website for clients however, it appears 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 did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more for these types of services. Moreover the 20% service cost is less expensive than the majority of companies that offer a 25% fee. There are no upfront payments, and you will only have to pay when the debt is settled.
While they’ll provide you with an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app yet, which would make it easier to monitor your progression.
They do have a competent support staff and can be reached them not just via email but also by phone or submitting an e-ticket. Successful Tax Relief When Does Irs File Criminal Charges
If the credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Successful Tax Relief When Does Irs File Criminal Charges
How long does it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that will help you with problems like delinquent tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.