Has your debt been piling up lately? Are you burnt out from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried every thing.
In most cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is one of the most asked companies. A lot of customers have asked if they can assist you or put you into more debt.
According to their clients they can help you control 80percent of your debts so that you can finally take a couple of things off your plate.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper look at how CuraDebt is used and the problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, check out this video instead in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Chattanooga Tn
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you settle your debt is the most popular feature. They also provide additional services to assist you in becoming financially secure.
The process begins with requesting a free savings estimate on the internet. It is a completely private service and won’t be doing a credit check. With this savings estimate, you will learn more about your alternatives towards debt-free.
The savings estimate, as mentioned previously, offers you the opportunity to consider your choices, 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 join. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the one to take care of all your creditor’s calls. They will also be the ones that will negotiate the terms of your payment depending on the condition of your financial situation. Based on what works best for you, it can either be a lump sum settlement or a payment plan.
Additionally they will also be working with the lenders to help you get better rates when you make deposits to your savings account, which in turn, will process to pay off the creditors. Their plans can help you settle the debt within two years.
After you’ve registered with them, they will give you access to your information 24/7. All you have to do is log in to CuraDebts Client Portal to track your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include medical bills, personal loans credit cards and also line of credit. They are also able to settle any outstanding balance on business debt, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you won’t get support for most claims, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like that of 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 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 repay debt for less than the sum you have. Additionally, you can ask questions during their free meeting with their debt advisor.
The greatest benefit of their plan is that you will only be charged when your debt is paid off. All you have to sign up for any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you will be able to solve various tax issues like wage garnishments as well as tax penalties for personal and taxation for business as well as back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices, which depends on the amount you need to settle.
They have different solutions in paying off your tax debt. Here are 6 options:
- 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?
While debt settlement is their forte however, they do not offer all kinds of settlement. CuraDebt concentrates on debt that is not secured. They can’t assist you if your credit or loan is tied to a physical item.
If you do have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off taxes that are due without any problems. Additionally, this service is offered to all 50 states if you owe money to the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating any loans they owe.
Personal and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your debts.
They also don’t have high-cost charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
On average, this type of business can cost anywhere from 15% to 25 percent.
Moreover, clients can expect to settle their debt from two to four years. However, this also varies in relation to the amount you can save up per month.
They also claim that you can save as much as 30% by incorporating their fees in your equation.
But this claim will also depend on your specific situation. Some clients even mentioned saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Furthermore, they only charge a 20% fee while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program you may enroll in their credit restoration program.
It’s a fantastic way to restore your credit score without having to go in debt again. However, the program lasts differently for each person according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also look into any violations of creditor using their experts in-house.
The drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with the credit card you use. So if you’re trying to build a better standing on credit scores, you might set you back while you’re finishing your credit card debt.
CureDebt also doesn’t have a mobile app. While they do have a client website but it’s aged and simple. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more for these types of services. In addition, their 20% service cost is cheaper than most companies that offer a 25% fee. 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 however, their website isn’t user-friendly. CuraDebt does not have an app, which will make it easier to track your progression.
However, they have a good support team that you can contact them, not only via emails but by phone or by sending an electronic ticket. Tax Relief Chattanooga Tn
If problem of debt is an issue right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the programs they provide are in your state.
FAQ Tax Relief Chattanooga Tn
What is the time frame to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief to help you with problems such as late payroll taxes and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower the amount of debt you have over time.