Are you experiencing debt that has increased lately? Are you burnt out from trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they are able to help or put you into more debt.
According to their clients, they can help you manage the majority of your debt , so you are able to take couple of worries off your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, go to this video for a more relaxing way to watch it.
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 overview. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Check?
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. But they offer additional services to help you be more financially secure.
First of all, it begins with requesting a free online savings estimate. This service is very confidential and they will not be doing a credit check. By using this estimate of savings you’ll be able to learn more about your alternatives to debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with 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 join. Financial advisors may be able to assist you in your debt-free journey.
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 what you will pay for your payment in accordance with the state of your finances. Depending on which works most effectively for you, it can either be a lump sum settlement or a payment plan.
Furthermore, they will be working with creditors so that you can have better rates as you transfer money into your savings account, which in turn, will be processed to pay off the creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal to track your progress.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- 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 aid you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans credit cards, and also lines of credit. You can also approach them to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you won’t get support for most of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors in order to get cash settlements, if possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you pay off debts with less than the amount you own. Additionally, you can ask questions during their free consult with their debt advisor.
The most appealing aspect of their program is that you only have to pay for the charges when your debt is paid off. All you need to sign up to some of their programs and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to solve different types of taxes like garnishments on wages and tax penalties, personal and corporate taxes as well as back taxes as well as 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 have to pay.
They have different solutions in paying off the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
While debt settlement is their forte however, they do not offer all kinds of settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if the loan or debt is linked to a physical item.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any issues. Furthermore, this service is offered across all 50 states, if you owe money to the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also assist in settling your medical debt. In some instances you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students negotiate any student loans that they are owed.
Payday loans and personal 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 that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
On average, this type of industry can charge anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. However, this also varies depending on the amount that 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 situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge a 20% fee while most companies charge you 25 percent.
If you’re finished with the debt settlement program, you can join their credit restoration program.
It’s a great method to improve your credit without having to go back into debt. However, the program runs in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also be looking into any creditor violations with the assistance of their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using your credit card. So if you’re trying to build a better credit score, it could set you back while you’re finishing your debt.
CureDebt doesn’t even have a mobile app available. While they have a client website, it looks outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on these kinds of services. Additionally their 20% service charge is cheaper than most firms that charge an additional 25% charge. There is no upfront payment and you’ll only be required to pay once the debt is settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt does not have an app that will make it easier to look at your performance.
They do have a good support team, and you can reach them not just via email but also via phone or sending an electronic ticket. Tax Relief Check?
If your credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services that they provide are offered in your state.
FAQ Tax Relief Check?
How long does it take to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will help you with problems such as delinquent payroll taxes and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce the amount of debt you have over time.