Are you experiencing debt that has increased lately? Are you tired of trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In most cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they can help you or help you get into more debt.
According to their clients, they can assist you in managing 80percent of your debt , so you are able to take couple of things off your plate.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt works and what problems it can solve for you.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before beginning the review, check out this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Debt Relief Help Near Me
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most popular feature. But they offer other services that can help you be more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t be doing a credit check. With this savings estimate you’ll be able to learn more about the options to debt-free.
This estimate of savings, which was mentioned previously, offers you an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with the process of credit arbitration should you choose to sign up. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program, CuraDebt is the one to handle all of your creditors’ calls. They will be the ones who determine the terms of your repayment depending on the condition of your finances. Depending on which works best to you, this can be a lump-sum settlement or an installment plan.
Additionally, they will be working with creditors to ensure that you get better rates when you make deposits to your savings account, which is then processed to pay back creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you have to do is log in to CuraDebts the client portal to track your performance.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for most types of debt. They can help with personal loans, medical bills, credit cards and 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 for back taxes as well as IRS debt. However, you won’t get support for most cases, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as that of 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, should it be possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the sum you have. You can also ask questions during their free meeting with their debt counsellor.
The best part about their program is that you’ll only be charged after your debt has been settled. All you need to sign up for any of the plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
Through this program, you’ll be able to deal with the various types of tax problems like garnishments on wages and tax penalties, personal and taxation for business as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing and is dependent on the amount you have to pay.
There are a variety of options in settling the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their specialization but they aren’t able to cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to help you if the credit or loan is tied to an actual item.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without any problems. Moreover, this type of service is offered to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In some cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students with negotiating any loans they owe.
Personal and payday loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will assist you in paying 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. Only pay when you’ve paid each of your debts.
They also don’t charge high charges either. On average, you’ll have to pay as much as 20% of the debt you settled with them.
In the average, this kind of industry charges between 15 and 25 percentage.
In addition, customers can expect to settle their debts within between 2 and 4 years. This varies according to the amount you save per month.
Additionally, they claim that you can save as much as 30% if you include their charges into your calculation.
But this claim will also differ based on your situation. Some customers even claimed to save between 50% and 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s look into the advantages from using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Additionally they charge only a 20% fee while most companies charge you 25%.
Next, if you’re done with the debt settlement program you can join their credit repair program.
It’s an excellent way to restore the credit rating without going in debt again. The program is however designed different for every person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations of creditor with the assistance 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 often require you to stop making payments using your credit card. So if you’re trying to increase your rating on your credit, this might delay you from getting rid of your debt.
CureDebt also doesn’t offer a mobile application. While they have a website for clients but it’s old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on these kinds of services. In addition, their 20% service fee is lower than many businesses that charge a 25% fee. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
While they’ll provide you with an account to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app, which could make it easier for you to monitor your performance.
But, they do have a great support team that you can contact them not only through emails but also via phone or sending an e-ticket. Tax Debt Relief Help Near Me
If the credit card is a major problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Tax Debt Relief Help Near Me
What is the time frame to complete the program?
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 aid in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that will help you with problems such as late payroll tax and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower the amount of debt you have over time.