Has your debt increased lately? Are you exhausted from trying different financial tips and advice but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your best option is to speak with professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people are asking if they can assist you or help you get into more debt.
According to their customers, they can help you manage the majority of your debt , so you are able to take few things off of your mind.
However, for certain people the claims seem too good to be true.
You might be looking for anything that can aid you in settling your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt operates and what issues it can solve for you.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before you begin the review, you can go to this video 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 will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Debt Relief Under 5000
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with 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 known feature. But they offer other services that can help you be more financially stable.
The process starts by requesting a no-cost savings estimate online. It is a completely private service and they will not conduct a credit inquiry. With this estimate of savings, you will learn more about your other options in your journey to debt-free.
This estimate of savings, as mentioned before, gives 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 assist you with credit arbitration in the event that you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program, CuraDebt can be the agency to take care of all your creditors’ calls. They will be the ones who will determine what you will pay for your repayment based on the status of your finances. In determining which option is the most effectively your situation, the payment can be either a lump sum settlement or an installment plan.
Additionally they will also be working with the creditors to ensure that you get better rates when you transfer money into your savings account. This, is then processed to pay the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve registered with them, they will allow you access to your information 24/7. All you have to do is sign in to CuraDebts Client Portal so that you can monitor your performance.
Before you are able to avail their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards and also loans. You can also approach them to settle any outstanding balance on business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive assistance for the majority claims, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations could cause your debt to be also dismissed.
CuraDebt can also help you settle debt with less than the sum you have. Additionally, you can ask questions during their free consult with their debt counsellor.
The most appealing aspect of their program is that you will only have to pay for the charges when your debt is paid off. All you need to sign up to any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents, they will also collect all the documents you’ll require for tax returns.
With this program, you’ll be able to deal with different types of taxes such as 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 either. They only offer flat-fee prices that is based on the amount that you’ll have to pay.
They have different solutions when it comes to paying off your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
Although debt settlement is their specialization however, they do not cater to all types in debt resolution. CuraDebt only focuses on loans that are not secured. They can’t help you if your loan or debt is linked to an item that is physical.
If you do have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able pay off your past-due tax debts without any problems. Additionally, this service is available across all 50 states, if you owe money towards the IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also help resolve any medical-related debt. In some cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students negotiate the student loans they are owed.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost charges either. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
On average, this type of industry can charge anywhere between 15 and 25 percentage.
Moreover, clients can expect to settle their debt from two to four years. However, this also varies according to the amount you save per month.
Additionally, they claim that you could save up to 30% by incorporating their charges into your calculation.
However, the claim may depend on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can offer you Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Additionally, they only charge a 20% fee while most companies charge you 25 percent.
If you’re finished by the program for debt relief you may join their credit repair program.
It’s a great way to restore your credit score without going into debt again. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any violations by creditors using their experts in-house.
Drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with the credit card you use. So if you’re trying to build a better rating on your credit, this could delay you from working on your debt.
CureDebt doesn’t even offer a mobile application. While they do have a website for clients, it looks old and mundane. 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 will allow you to pay off your debts without spending more on those types of services. In addition the 20% service charge is less expensive than the majority of businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once the debt is paid off.
While they’ll provide you with an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app that could make it easier for you to track your progression.
But, they do have a competent support staff and can be reached them not just via email but also by phone or making an e-ticket. Tax Debt Relief Under 5000
If debt is a big problem right now, we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Tax Debt Relief Under 5000
How long does it take to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems such as delinquent payroll taxes and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and make the necessary payments to pay down your debt over time.