Has your debt increased lately? Are you burnt out from trying various 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 professionals that can help you settle this issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they are able to help or put you in more debt.
According to their customers, they can help you control 80% of your debts so that you are able to take couple of things off your mind.
For some, these claims are just too good to be true.
You might be looking for any solution that could help you resolve your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at the way CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can go to this video if you prefer for it to be watched.
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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Advocate
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. But they offer additional services to help you be more financially secure.
First of all, it begins with requesting a free online savings estimate. The service is completely confidential, and they won’t be doing a credit check. With this savings estimate, you will be able to learn more about the options to debt-free.
Savings estimates, as mentioned earlier, provides you with an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program, CuraDebt is the one to take care of all your creditor’s calls. They’ll also be the ones that determine conditions of the payment in accordance with the state of your financial situation. Based on what works most effectively for you, it could either be a lump sum settlement or a payment plan.
Additionally, they will be working with creditors to ensure that you have better rates as you transfer money into your savings account, which in turn, will be processed to pay creditors. Their plans can help you settle the debt within 48 months.
Once you’ve signed up with them, they will give you access to your data 24/7. All you have to do is login to CuraDebts Client Portal to track your performance.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills, credit cards and also lines of credit. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive assistance with the majority claims, loans from the government or collateral, as well as 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 those of 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 possible. Some violations can also cause your debt to be also dismissed.
CuraDebt can also help you repay debt for less than the amount you have. You can also inquire about your debt during their no-cost meeting with their debt advisor.
The greatest benefit of their program is that you will only be charged after your debt has been settled. All you need to sign up for any of the plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents, they will also collect all the paperwork you’ll need for tax returns.
Through this program, you will be able to resolve different types of taxes like garnishments on wages, tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you’ll need to settle.
They have different solutions in the settlement of your 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 kinds of debts can they help you with?
While debt settlement is their specialty however, they do not provide all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to help 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 will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any issues. Furthermore, this service is available to all 50 states in the event that you have a debt in arrears to IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling the medical bills. In some instances you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate any loans they owe.
Personal loans and payday loans are also eligible 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 a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere from 15% to 25%.
In addition, customers can expect to settle their debts within two to four years. However, this also varies in relation to the amount you save per month.
Additionally, they claim that you can save as much as 30% if you include their fees in your equation.
However, this statement will 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 what CuraDebt can offer you let’s look into the advantages of using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. In addition they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished with the debt settlement program you may join their credit restoration program.
It’s an excellent way to restore your credit without having to go in debt again. The program is however designed in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also be looking into any violations by creditors with the assistance of their experts in-house.
The drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. So if you’re trying to build a better credit score, it may delay you from getting rid of your obligations.
CureDebt doesn’t even offer a mobile application. Although they 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.
Furthermore, they are not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on these kinds of services. Moreover their 20% service fee is lower than many companies that offer an additional 25% charge. There aren’t any upfront fees, and you will only have to pay the fee when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which will make it easier to look at your progression. Tax Relief Advocate
However, they have a good support team and can be reached them, not only via emails but by phone or by making an e-ticket. Tax Relief Advocate
If your problem of debt is an problem, then we recommend CuraDebt’s service. Be sure to be qualified and that the services they provide are in your area.
FAQ Tax Relief Advocate
How long does it take to finish the program?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt provides tax relief programs that can help you with problems such as delinquent payroll tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce the amount of debt you have over time.