Has your debt increased lately? Are you tired of trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they are able to help or help you get into more debt.
According to their clients, they can help you control the majority of your debts so that you are able to take few things off of your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before beginning the review, you can watch this video instead if you prefer watching 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 review. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Calabasas
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. But they offer other services that will help you be more financially secure.
The process starts by requesting a no-cost online savings estimate. This service is very confidential and won’t conduct a credit inquiry. With this savings estimate you’ll learn more about your other options in your journey to be debt-free.
The savings estimate, as mentioned earlier, provides you with an insight into your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help you with credit arbitration if you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt is the one to answer all of the calls from your creditors. They will also be the ones who determine the terms of your settlement depending on the condition of your finances. Depending on which works best to you, this can be a lump-sum settlement or an installment plan.
Moreover they will be working with creditors to ensure that you have better rates as you transfer money into your savings account. This is then processed to pay back the creditors. Their plans can help you get rid of debt in just two years.
After you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with your debt. They can negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans, credit cards and also line of credit. They can also be approached to pay off any remaining amount on business debts, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get support for most of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most 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 the violations of creditors in order to get cash settlements, if they are possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt can also help you settle debt with less than the amount you own. Additionally, you can have questions answered during a free meeting with their debt advisor.
The greatest benefit of the program is that you’ll only be charged once your debt is settled. All you have to do is sign up with any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation They will also gather all the necessary paperwork for tax returns.
Through this program, you’ll be able to deal with the various types of tax problems like wage garnishments as well as tax penalties for personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs either. They use only flat-fee pricing, which depends on the amount you’ll need to settle.
There are a variety of options in settling taxes. 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 are they able to help with?
Although debt settlement is their specialty but they aren’t able to cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if your loan or debt is linked to an item that is physical.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any problems. Additionally, this service is offered 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 help resolve the medical bills. In some cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students negotiate the student loans they owe.
Personal loans and payday loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines you obtained from a different bank or financial institution.
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 best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
They also don’t charge high fees as well. In the average, you’ll need to pay up to 20% of the debt you settled with them.
On average, this type of industry can charge anywhere between 15 and 25 percentage.
Moreover, clients can expect to settle their debts within between 2 and 4 years. This varies in relation to the amount you can save up per month.
Additionally, they claim that you could save up to 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on your situation. Some customers even claimed to save 50% to 80percent.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt offers, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas many companies charge 25%.
Next, if you’re done with the debt settlement program you may join their credit restoration program.
It’s a fantastic option to rebuild the credit rating without having to go into debt again. However, the program runs different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means your debt won’t increase over time. They’ll also look into any creditor violations with the help of their in-house experts.
The drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using the credit card you use. If you’re trying to build a better standing on credit scores, you might cause you to delay finishing your debt.
CureDebt also doesn’t have a mobile app. While they have a client website but it’s old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service cost is lower than many firms that charge an additional 25% charge. There is no upfront payment, and you will only be required to pay once the debt is paid off.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to track your progress.
They do have a good support team and can be reached them not just via email but also by phone or sending an e-ticket. Tax Relief Calabasas
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Tax Relief Calabasas
What is the time frame to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt has a tax relief program that can assist you with issues such as late payroll tax and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.