Are you experiencing debt that has 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 already tried everything.
In most cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is among the most asked companies. Many customers have asked if they can assist you or help you get into more debt.
According to their clients they can help you control 80% of your debt , so you can take couple of things off your shoulders.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. If that’s the situation, 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 could help solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before starting the review, you can check out this video instead if you prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Act 1997
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. However, they also offer additional services to aid you in becoming more financially secure.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. With this savings estimate you’ll be able to discover more about options to be debt-free.
Savings estimates, as mentioned before, gives you an idea of your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with the process of credit arbitration should you choose to join. Some financial advisors can help you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to take care of all the calls from your creditors. They will also be the ones that will negotiate the terms of your payment in accordance with the state of your financial situation. Based on what works best your situation, the payment could be a lump-sum settlement or an installment plan.
Additionally they will also work with lenders to help you have better rates as you transfer money into your savings account, which in turn, will process to pay off the creditors. Their plans can help you get rid of debt in just two years.
After you’ve registered with them, they’ll give you access to your information 24/7. All you have to do is login to CuraDebts the client portal to monitor your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following criteria:
- 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 aid you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills credit cards and also line of credit. You can also approach them to settle any outstanding balance on business debt, collections, or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you won’t get support for most of your lawsuits, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations may cause your debt to be removed as well.
CuraDebt can also help 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 the program is that you’ll only be charged after your debt has been settled. All you have to sign up to one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial records They will also gather all the paperwork you’ll need for tax returns.
With this program, you should be able to deal with different types of taxes like garnishments on wages and tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They only offer flat-fee prices that is based on the amount you’ll need to settle.
There are a variety of options for paying off taxes. 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 are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t cater to all types of debt settlement. CuraDebt concentrates on debt that is not secured. They won’t be able to help you if the credit or loan is tied to an actual item.
However, if you have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without any issues. Moreover, this type of service is available to all 50 states if you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt can also help resolve your medical debt. In certain cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students negotiate the student loans they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from another 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.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you settle each of your outstanding debts.
They also don’t charge high costs either. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
On average, this type of industry can charge anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in 2 to 4 years. However, this also varies depending on the amount that you save per month.
They also claim you can save up to 30% if you include their charges into your calculation.
However, the claim may depend on the situation. Some customers even claimed to save between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
If you’re finished in the process of debt resolution, you may enroll in their credit repair program.
It’s an excellent method to improve your credit without having to go into debt again. However, the program lasts 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. It means that your debt won’t inflate over time. They’ll also investigate any violations by creditors using their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using the credit card you use. So if you’re trying to improve your rating on your credit, this may set you back while you’re finishing your obligations.
CureDebt does not offer a mobile application. While they do have a website that clients can access, it looks old and mundane. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more on those types of services. In addition the 20% service fee is lower than many firms that charge an additional 25% charge. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app yet, which will make it easier to look at your performance.
They do have a competent support staff and can be reached them, not only via emails but by phone or by making an e-ticket. Tax Relief Act 1997
If the credit card is a major problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services they provide are in your area.
FAQ Tax Relief Act 1997
How long will it take to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will assist you with issues like delinquent tax issues and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.