Have your debts been increasing lately? Are you tired of trying other financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they are able to help or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debt so that you can finally take a couple of things off your plate.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, watch this video instead for a more relaxing way 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 review. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Debt Relief Lawyers
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. But they offer other services that can assist you in becoming financially stable.
First of all, it begins by requesting a free savings estimate on the internet. The service is completely confidential and they will not be doing a credit check. With this savings estimate you’ll be able to learn more about your other options in your journey to be debt-free.
Savings estimates, as we’ve mentioned before, gives you the opportunity to consider 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 help you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program, CuraDebt will be the company to answer all of your creditors’ calls. They will also be the ones that will negotiate what you will pay for your settlement depending on the condition of your finances. Based on what works best for you, it can be either a lump sum settlement or a payment plan.
Additionally they will be working with creditors to ensure that you have better rates as you deposit money to your savings account, which in turn, will be processed to pay the creditors. The plans they offer can help you pay off the debt in two years.
After you’ve registered with them, they will allow you access to your data 24/7. All you need to do is login to CuraDebts Client Portal so that you can monitor your performance.
Before you are able to avail the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include medical bills, personal loans, credit cards and lines of credit. You can also approach them to pay off any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not receive assistance with the majority cases, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use 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 creditor violations in order to get cash settlements, if possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their program is that you will only have to pay for the charges when your debt is paid off. All you have to do is sign up with one of their plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you should be able to solve the various types of tax problems such as garnishments on wages and tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges also. They use only flat-fee pricing and is dependent on the amount that you’ll must settle.
They have different solutions for settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
While debt settlement is their forte however, they do not offer all kinds of settlement. CuraDebt only focuses on debt that is not secured. They won’t be able to assist you if your loan or debt is linked to a physical item.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to pay your past-due tax debts without any issues. Furthermore, this service is accessible to all 50 states if you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling any medical-related debt. In some instances you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students negotiate any loans they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you settle each of your outstanding debts.
They also don’t charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled with them.
In general, this type of business can cost anywhere between 15 and 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. This varies in relation to the amount you can save up per month.
Also, they claim you can save as much as 30% by incorporating their fees in your equation.
However, the claim may differ based on your specific situation. Some customers even claimed to save 50 to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition they only charge an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution you may also sign up for their credit restoration program.
It’s an excellent method to improve your credit without having to go into debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also investigate any violations by creditors with the help of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. Therefore, if you’re trying improve your rating on your credit, this may set you back while you’re getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a website that clients can access however, it appears aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
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. Moreover their 20% service charge is lower than many businesses that charge a 25% fee. There are no upfront payments, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that will make it easier to look at your progress. Tax Debt Relief Lawyers
But, they do have a good support team, and you can reach them, not only via emails but also by phone or submitting an electronic ticket. Tax Debt Relief Lawyers
If the debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they provide are in your state.
FAQ Tax Debt Relief Lawyers
How long will it take to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt has a tax relief program to help you with problems such as late payroll tax and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to reduce your debt over time.