Are you experiencing debt that has been increasing lately? Are you burnt out from trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is among the most asked companies. Many people are asking if they are able to help or put you into more debt.
According to their clients they can assist you in managing the majority of your debt , so you can take couple of things off your mind.
However, for certain people the claims seem too good to be true.
You might be looking for any solution that could help you resolve your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at the way CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, 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 the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Arizona
CuraDebt is a debt relief company from 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 is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. But they offer other services that can aid you in becoming more financially secure.
It all starts by requesting a no-cost online savings estimate. It is a completely private service, and they won’t be conducting a credit screening. By using this estimate of savings, you will be able to learn more about the options towards debt-free.
This estimate of savings, which was mentioned before, gives you an insight into your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement plan, CuraDebt will be the agency to handle all of the calls from your creditors. They will also be the ones that will determine what you will pay for your payment in accordance with the state of your finances. Depending on which works best for you, it could be either a lump sum settlement or a payment plan.
Furthermore, they will be working with creditors to ensure that you have better rates as you deposit money to your savings account. This in turn, will process to pay the creditors. The plans they offer can help you settle the debt within 48 months.
Once you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is sign in to CuraDebts Client Portal to track your development.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. These include personal loans, medical bills credit cards, and line of credit. They can also be approached to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not receive assistance with the majority of your lawsuits, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, should it be possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt counselor.
The best part about their program is that you will only be charged once your debt is settled. All you need to sign up to any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documents and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you will be able to deal with different types of taxes such as wage garnishments, tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you must settle.
They offer different options when it comes to the settlement of the 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 are they able to help with?
Although they specialize in debt settlement, it is not their specialization, they don’t offer all kinds of settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to help you if the loan or debt is linked to an actual item.
However, if you have the following types of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any problems. Moreover, this type of service is available across all 50 states, if you have a debt towards the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling any medical-related debt. In some cases you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students negotiate the student loans they have to pay.
Personal and payday loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you have paid off all of your debts.
They also don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. However, this also varies according to the amount you are able to save each month.
Also, they claim that you can save up to 30% when you factor in their costs into your calculations.
But this claim will also depend on your situation. Some customers have even talked about saving 50 to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they charge only a 20% fee while most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution, you could join their credit repair program.
It’s a great method to improve your credit score without having to go in debt again. The program is however designed different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any violations of creditor with the help of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using the credit card you use. Therefore, if you’re trying build a better credit score, it could set you back while you’re finishing your debt.
CureDebt also doesn’t have a mobile app. Although they have a website for clients but it’s outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on those types of services. In addition their 20% service cost is lower than many firms that charge a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress, their website is not easy to navigate. CuraDebt does not have an app, which could make it easier for you to look at your performance. Tax Relief Arizona
But, they do have a competent support staff, and you can reach them, not only via emails but also via phone or submitting an e-ticket. Tax Relief Arizona
If your credit card is a major problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Tax Relief Arizona
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as late payroll taxes and garnishments of wages.
What should I do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.