Are you experiencing debt that has increased lately? Are you tired of trying different financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your best way is to approach experts who can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they can help you or put you in more debt.
According to their clients they can help you manage 80percent of your debt , so you can finally take a few things off of your shoulders.
However, for certain people, these claims are just too good to be true.
If you’re looking for anything that can help you resolve your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, check out this video instead for a more relaxing way to watch 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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Payers Relief Act 1997
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. But they offer other services that can help you be more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. This service is very confidential, and they won’t be doing a credit check. By using this estimate of savings, you will learn more about your alternatives towards debt-free.
Savings estimates, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the agency to handle all of the calls from your creditors. They will also be the ones who determine what you will pay for your repayment in accordance with the state of your financial situation. In determining which option is the most effectively to you, this could either be a lump sum settlement or a payment plan.
Additionally they will also be working with creditors so that you can enjoy better rates when you transfer money into your savings account. This in turn, will process to pay the creditors. Their plans can help you pay off the debt in two years.
After you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you need 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 pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle all kinds of debt. This includes personal loans, medical bills credit cards and line of credit. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you won’t get assistance with the majority claims, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, if they are possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the amount you own. You can also ask questions during their free consult with their debt counselor.
The greatest benefit of their program is that you will only have to pay for the charges once your debt is 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 can also help you with your tax debt. Once they collect all of your financial documents, they will also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to solve various tax issues like wage garnishments, tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They use only flat-fee pricing that is based on the amount you’ll need to settle.
They offer different options when it comes to paying off 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 can they help you with?
Although debt settlement is their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your loan or debt is linked to an actual item.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able pay off taxes that are due without difficulty. Furthermore, this service is offered across all 50 states, if you have a debt to the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling the medical bills. In some cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students with negotiating any loans they are owed.
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you have obtained from a different 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 will assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you settle each of your outstanding debts.
Additionally, they don’t charge high costs either. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of business can cost anywhere between 15% and 25%.
In addition, customers can expect to settle their debts within two to four years. This varies depending on the amount that you are able to save each month.
They also claim you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also differ based on the situation. Some customers have even talked about saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. Additionally they charge only a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you may enroll in their credit repair program.
It’s a fantastic option to rebuild your credit without going into debt again. However, the program runs differently for each person according to your personal situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also be looking into any violations by creditors with the assistance of their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with the credit card you use. Therefore, if you’re trying improve your rating on your credit, this may delay you from getting rid of your debt.
CureDebt doesn’t even offer a mobile application. Although they have a client website, it looks aged and simple. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on these kinds of services. In addition, their 20% service cost is cheaper than most businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app, which could make it easier for you to monitor your progression.
They do have a competent support staff, and you can reach them not only through emails but by phone or by sending an e-ticket. Tax Payers Relief Act 1997
If your credit card is a major issue right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Tax Payers Relief Act 1997
How long will it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt offers a program for tax relief to assist you with issues like delinquent tax and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to pay down your debt over time.