Have your debts been piling up lately? Are you exhausted from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because been through everything.
In most cases, the best option is to speak with professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can help you or put you in more debt.
According to their clients they can assist you in managing the majority of your debts so that you are able to take couple of w
orries off your mind.
But for some people the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt works and what problems it can help you solve.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before you begin the review, you can check out this video instead if you prefer to watch 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. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Amount Us
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted 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 aid you in becoming more financially stable.
It all begins by requesting a free savings estimate online. It is a completely private service, and they won’t be doing a credit check. With this savings estimate you’ll be able to learn more about your other options in your journey towards debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating the process of credit arbitration should you choose to sign up. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt will be the agency to handle all of your creditors’ calls. They’ll be the ones who will negotiate conditions of the payment depending on the condition of your financial situation. Depending on which works best for you, it can either be a lump sum settlement or an installment plan.
Furthermore they will also be working with creditors to ensure that you enjoy better rates when you deposit money to your savings account. This is then processed to pay back the creditors. Their programs can assist you to 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 need to do is login to CuraDebts the client portal to track your performance.
Before you are able to avail the program, you’ll have to satisfy their criteria first. For eligibility, 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 with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills, credit cards and lines of credit. They are also able to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you will not receive assistance for the majority claims, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations so that you can have cash settlements, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt can also help you pay off debts with less than the amount you own. Additionally, you can inquire about your debt during their no-cost meeting with their debt advisor.
The best part about the program is that you only be charged after your debt has been settled. All you have to do is sign up with some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you should be able to deal with various tax issues such as wage garnishments, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing that is based on the amount that you’ll must settle.
There are a variety of options in paying off the 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 types of debt are they able to help with?
Although debt settlement is their forte however, they do not cater to all types in debt resolution. CuraDebt is only focused on loans that are not secured. They aren’t able to help you if your loan or debt is linked to an actual item.
However, if you have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without any problems. Moreover, this type of service is offered to all 50 states if you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling the medical bills. In certain cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students negotiate any loans they have to pay.
Personal loans and payday loans also qualify for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
Also, they don’t charge high charges either. On average, you’ll be required to pay as much as 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere between 15 and 25 percent.
Moreover, clients can expect to pay off their debts in 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
They also claim that you could save as much as 30% if you include their charges into your calculation.
But this claim will also depend on your specific situation. Some customers even claimed to save between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas most companies charge you 25 percent.
Next, if you’re done by the program for debt relief, you can enroll in their credit repair program.
It’s a fantastic way to restore your credit without having to go in debt again. However, the program runs differently for each person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any violations of creditor 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.
Debt settlement and debt relief usually require that you stop making payments using your credit card. Therefore, if you’re trying increase your credit score, it could delay you from finishing your credit card debt.
CureDebt also doesn’t have a mobile app available. While they do have a client website, it looks old and mundane. It’s not very intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. Additionally the 20% service fee is cheaper than most companies that offer the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt does not have an app yet, which would make it easier to look at your performance.
However, they have a great support team and can be reached them not just via email but also via phone or sending an e-ticket. Tax Relief Amount Us
If the problem of debt is an problem, then we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services that they provide are offered in your area.
FAQ Tax Relief Amount Us
How long will it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt offers a program for tax relief that will assist you with issues such as late payroll tax and garnishments on wages.
What should I do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to reduce your debt over time.