Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they are able to help or help you get into more debt.
According to their clients, they can assist you in managing 80percent of your debts so that you can finally take a couple of things off your shoulders.
But for some people they believe these claims are too good to be true.
You might be looking for any solution that could aid you in settling your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of how CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, check out this video instead for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to check out 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 of CuraDebt.
About the Company Tax Bills Mortgage Debt Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best known feature. However, they also offer other services that will help you be more financially stable.
It all begins with requesting a free online savings estimate. The service is completely confidential, and they won’t be doing a credit check. With this savings estimate you’ll learn more about your alternatives to be debt-free.
The savings estimate, as mentioned before, gives you an idea of your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating the process of credit arbitration should you choose to join. Some financial advisors can help you with your debt-free journey.
After your debt settlement program is completed, CuraDebt is the company to answer all of your creditor’s calls. They’ll also be the ones that will determine the terms of your repayment depending on the condition of your financial situation. Based on what works best your situation, the payment can be either a lump sum settlement or a payment plan.
Furthermore they will also be working with the creditors so that you can get better rates when you deposit money to your savings account. This, in turn, will be processed to pay off 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 provide you with access to your account information 24 hours a day. All you need to do is sign in to CuraDebts’ client portal to monitor your performance.
Before you can benefit from their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for all kinds of debt. They can help with medical bills, personal loans, credit cards as well as lines of credit. You can also approach them to help settle any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive support for most of your lawsuits, loans from the government or collateral, as well as utility bills. They also don’t cover most 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 can also assist you in identifying the violations of creditors in order to get cash settlements, if they are possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. Additionally, you can ask questions during their free consultation with their debt advisor.
The most appealing aspect of their plan is that you only have to pay for the charges when your debt is paid off. All you need to sign up to one of their plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation They will also gather all the documents you’ll require to file tax returns.
Through this program, you will be able to deal with various tax issues like garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount that you’ll need to settle.
They offer different options in settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their specialization, they don’t cater to all types of debt settlement. CuraDebt concentrates on unsecured debt. They can’t help you if your credit or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without difficulty. Moreover, this type of service is accessible across all 50 states, if you have a debt to the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students in negotiating any loans they are owed.
Personal and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. Only pay when you’ve paid each of your debts.
Also, they do not charge high costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled with them.
On average, this type of industry charges between 15% and 25%.
In addition, customers can expect to settle their debt from between 2 and 4 years. This varies in relation to the amount you save per month.
They also claim you can save as much as 30% if you include their costs into your calculations.
But this claim will also vary, depending on your situation. Some customers even claimed to save 50% to 80percent.
Advantages to using CuraDebt
Now that you have a clearer picture of what CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Furthermore they only charge a 20% fee while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program you may enroll in their credit restoration program.
It’s a fantastic option to rebuild the credit rating without going back into debt. However, the program lasts in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into any creditor violations with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using . So if you’re trying to improve your rating on your credit, this may set you back while you’re finishing your obligations.
CureDebt doesn’t even have a mobile app available. While they do have a website for clients, it looks aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more for these types of services. In addition their 20% service cost is lower than many firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app that will make it easier to monitor your performance.
However, they have a great support team, and you can reach them, not only via emails but also by phone or sending an electronic ticket. Tax Bills Mortgage Debt Relief
If your problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs they provide are in your state.
FAQ Tax Bills Mortgage Debt Relief
How long does it take to complete the program?
The program typically takes 24 to 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 offers a program for tax relief to assist you with issues like delinquent taxes and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to reduce your debt over time.