Have your debts increased lately? Are you burnt out from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. A lot of people are asking if they can help you or put you in more debt.
According to their customers, they can help you control 80percent of your debt , so 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 anything that can aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before beginning the review, watch this video instead if you prefer watching it.
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. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Lien Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer other services that will assist you in becoming financially stable.
It all 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 estimate of savings, you will discover more about other options in your journey to debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an idea of your options regardless of whether or not 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 join. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program, CuraDebt can be the one to handle all of your creditors’ calls. They’ll also be the ones who will negotiate conditions of the payment in accordance with the state of your financial situation. Based on what works most effectively to you, this could either be a lump sum settlement or a payment plan.
Moreover, they will work with creditors to ensure that you have better rates as you transfer money into your savings account. This in turn, will process to pay back creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they’ll allow you access to your account information 24 hours a day. All you have to do is log in to CuraDebts’ client portal to track your performance.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for most types of debt. They can help with medical bills, personal loans credit cards and also loans. You can also approach them to pay off any remaining amount on business debts collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. But, you won’t 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 assist you in navigating laws such as 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 to ensure that you receive cash settlements, should it be possible. Some violations can also cause your debt to be also dismissed.
CuraDebt also allows you to pay off debts with less than the sum you have. Additionally, you can inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of the program is that you will only be charged when your debt is paid off. All you need to sign up for 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. Once they’ve gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you should 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 and trust fund penalties and tax lien.
There aren’t hidden fees also. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
They offer different options in the settlement of the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty however, they do not provide all kinds of debt settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to assist you if your loan or debt is linked to a physical item.
If you do have the following types of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any problems. Furthermore, this service is offered across all 50 states, if you owe money towards the IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve your medical debt. In certain cases, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students with negotiating any student loans that they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your outstanding debts.
Additionally, they don’t have high-cost charges either. On average, you’ll have to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debt from two to four years. This varies depending on the amount that you save per month.
Also, they claim that you could save as much as 30% when you factor in their costs into your calculations.
However, the claim may depend on your specific situation. Some customers even claimed to save 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they only charge an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution you could also sign up for their credit repair program.
It’s an excellent way to restore the credit rating without going into debt again. However, the program lasts different for every person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also be looking into any violations by creditors using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using . So if you’re trying to improve your standing on credit scores, you could delay you from finishing your credit card debt.
CureDebt does not have a mobile app available. While they do have a website that clients can access but it’s old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on these kinds of services. In addition the 20% service fee is cheaper than most businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app that would make it easier to monitor your progress. Tax Lien Relief
They do have a good support team and can be reached them not only through emails but also by phone or making an e-ticket. Tax Lien Relief
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they provide are in your state.
FAQ Tax Lien Relief
How long will it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt has a tax relief program that will help you with problems such as delinquent payroll taxes and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce the amount of debt you have over time.