Has your debt been piling up lately? Are you exhausted from trying various financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, your best option is to speak with experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients, they can help you manage the majority of your debt , so you can finally take a couple of w
orries off your plate.
However, for certain people the claims seem too good to be true.
If you’re looking for anything that can aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into its benefits 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 continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief By Quintile Of Recent Tax Law
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. However, they also offer other services that can aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost online savings estimate. It is a completely private service and they will not be doing a credit check. With this savings estimate, you will be able to learn more about the other options in your journey towards debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an insight into your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the agency to take care of all your creditor’s calls. They will be the ones who negotiate what you will pay for your payment based on the status of your financial situation. Depending on which works best for you, it could either be a lump sum settlement or an installment plan.
Furthermore they will be working with the lenders to help you get better rates when you deposit money to your savings account, which in turn, will be processed to pay creditors. Their programs can assist you to get rid of debt in just two years.
Once you’ve signed up with them, they’ll give 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 progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with debt. They can negotiate settlements on behalf of you for all kinds of debt. This includes personal loans, medical bills credit cards as well as lines of credit. You can also approach them to help settle any remaining balance of business debt and collections or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get assistance with the majority claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will 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 the violations of creditors in order to get cash settlements, if possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to settle debt with less than the amount you have. You can also inquire about your debt during their no-cost consultation with their debt counselor.
The best part about their program is that you only be charged when your debt is paid off. All you have to sign up for any of the plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial records, they will also collect all the necessary paperwork to file tax returns.
With this program, you will be able to resolve the various types of tax problems like garnishments on wages as well as tax penalties for personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges either. They only use flat-fee pricing, which depends on the amount that you’ll must settle.
They offer different options for 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 kinds of debts can they help you with?
While debt settlement is their specialty, they don’t cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They aren’t able to help you if the credit or loan is tied to a physical item.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any problems. Furthermore, this service is offered to all 50 states in the event that you owe money to the IRS. They have federal tax experts to assist you with the issues.
CuraDebt can also help resolve the medical bills. In some cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students in negotiating any loans they are owed.
Personal and payday loans also qualify to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt can help you pay 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’ve paid each of your outstanding debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll have to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25%.
Moreover, clients can expect to settle their debts within two to four years. However, this also varies depending on the amount that you are able to save each month.
Also, they claim you can save up to 30% when you factor in their charges into your calculation.
However, this statement will depend on your situation. Some customers even claimed to save 50% to up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits of using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Additionally they only charge an amount of 20%, while many companies charge 25 percent.
Then, if you’re done in the process of debt resolution you could enroll in their credit repair program.
It’s a fantastic 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.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also be looking into any violations of creditor with the help of their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. Therefore, if you’re trying build a better standing on credit scores, you might set you back while you’re getting rid of your credit card debt.
CureDebt also doesn’t offer a mobile application. Although they have a website for clients, it looks aged and simple. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on these kinds of services. In addition the 20% service charge is lower than many firms that charge an additional 25% charge. There are no upfront payments, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app, which would make it easier to look at your performance.
But, they do have a competent support staff, and you can reach them not only through emails but also via phone or sending an e-ticket. Tax Relief By Quintile Of Recent Tax Law
If your credit card is a major problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Tax Relief By Quintile Of Recent Tax Law
How long does it take to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt provides tax relief programs that can help you with problems such as delinquent payroll tax issues and garnishments of wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.