Are you experiencing debt that has been piling up lately? Are you tired of trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many 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 the majority of your debt so that you can finally take a couple of worries off your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In this case, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of how CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, check out 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Debt Relief Phone Call
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a member of 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?
Helping you pay off your debt is the most popular feature. They also provide additional services to aid you in becoming more financially stable.
The process begins by requesting a free savings estimate on the internet. It is a completely private service, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about the alternatives towards debt-free.
Savings estimates, as mentioned previously, offers you the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the one to answer all of the calls from your creditors. They will also be the ones who will determine the terms of your repayment depending on the condition of your finances. Depending on which works most effectively for you, it could either be a lump sum settlement or the option of a payment plan.
Moreover they will also be working with the lenders to help you enjoy better rates when you transfer money into your savings account, which in turn, will process to pay off the creditors. Their plans can help you settle the debt within 48 months.
After you’ve registered with them, they will give you access to your account information 24 hours a day. All you have to do is login to CuraDebts’ client portal to monitor your performance.
Before you can avail of 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
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf for all kinds of debt. This includes medical bills, personal loans, credit cards and also lines of credit. They are also able to settle any outstanding balance of business debt collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you won’t get support for most cases, loans from the government, collateral, and utility bills. The same goes for 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 can also assist you in identifying creditor violations so that you can have cash settlements, if possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to inquire about your debt during their no-cost meeting with their debt advisor.
The best part about the program is that you will only have to pay for the charges once your debt is settled. All you have to sign up to one of their 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 documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you should be able to solve different types of taxes like wage garnishments and tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices and is dependent on the amount you’ll have to pay.
They offer different options in paying off the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization, they don’t offer all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t assist you if your loan or debt is linked to a physical item.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without difficulty. Additionally, this service is accessible to all 50 states in the event that you owe money to the IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling any medical-related debt. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate any student loans that they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. You may also be eligible if you have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they do not charge high fees as well. On average, you’ll have to pay as much as 20 percent of the debt you settled through them.
In general, this type of industry charges from 15% to 25 percent.
Additionally, customers can anticipate to settle their debts within two to four years. But, it also differs depending on the amount that you can save up per month.
Additionally, they claim you can save up to 30% by incorporating their costs into your calculations.
However, the claim may vary, depending on the situation. Some customers even claimed to save between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they only charge a 20% fee while many companies charge 25%.
If you’re finished in the process of debt resolution you could enroll in their credit restoration program.
It’s an excellent option to rebuild your credit without going in debt again. The program is however designed different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations by creditors with the assistance of their own experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using the credit card you use. Therefore, if you’re trying build a better rating on your credit, this could cause you to delay getting rid of your credit card debt.
CureDebt doesn’t even offer a mobile application. While they do have a client website but it’s old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more on these kinds of services. In addition the 20% service cost is cheaper than most businesses that charge a 25% fee. There are no upfront payments and you’ll only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app that will make it easier to track your progress. Tax Debt Relief Phone Call
However, they have a good support team, and you can reach them, not only via emails but by phone or by making an e-ticket. Tax Debt Relief Phone Call
If the debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Tax Debt Relief Phone Call
What is the time frame to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that will assist you with issues such as delinquent payroll taxes and garnishments of wages.
What should I do when I’m enrolled 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.