Have your debts been increasing lately? Are you burnt out from trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their clients, they can help you manage the majority of your debt so that you can finally take a couple of things off your mind.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt is used and the problems it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can check out this video instead if you prefer 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. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Companies Hampton Road
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.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. But they offer other services that can aid you in becoming more financially stable.
It all 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 discover more about other options in your journey towards debt-free.
The savings estimate, as we’ve mentioned previously, offers you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt can be the agency to take care of all your creditors’ calls. They’ll be the ones who will negotiate what you will pay for your settlement depending on the condition of your finances. Depending on which works most effectively to you, this could either be a lump sum settlement or the option of a payment plan.
Additionally they will be working with the creditors so that you can enjoy better rates when you transfer money into your savings account, which in turn, will be processed to pay creditors. Their programs can assist you to settle the debt within 48 months.
After you’ve signed up with them, they will give you access to your information 24/7. All you need to do is log in to CuraDebts the client portal to monitor your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the various 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 for all kinds of debt. These include medical bills, personal loans, credit cards and also line of credit. You can also approach them to help settle any remaining balance on business debt, collections, or repossessions.
They may also assist in negotiating with back taxes and IRS debt. However, you will not receive assistance with the majority of your lawsuits, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, if they are possible. Certain violations may cause your debt to be removed as well.
CuraDebt can also help you settle debt with less than the sum you have. They also allow you to inquire about your debt during their no-cost meeting with their debt advisor.
The best part about the program is that you only be charged once your debt is settled. All you have to sign up to any of the plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents, 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 such as garnishments on wages, tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
They offer different options when it comes to paying off your 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 assist you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to provide all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They aren’t able to help you if your loan or debt is linked to a physical item.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any issues. Furthermore, this service is offered to all 50 states if you have a debt in arrears to IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve the medical bills. In some instances, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students in negotiating any student loans that they owe.
Personal loans and payday loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
They also don’t have high-cost charges either. In the average, you’ll need to pay up to 20 percent of the debt you settled through them.
In the average, this kind of business can cost anywhere from 15% to 25%.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you save per month.
Additionally, they claim that you could save as much as 30% by incorporating their costs into your calculations.
However, the claim may differ based on your situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. In addition they charge only an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution, you can also sign up for their credit restoration program.
It’s an excellent way to restore the credit rating without going back into debt. However, the program lasts in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also look into any violations by creditors using their in-house experts.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with . So if you’re trying to build a better credit score, it may set you back while you’re getting rid of your credit card debt.
CureDebt does not have a mobile app. While they do have a website that clients can access however, it appears outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more on these kinds of services. Additionally, their 20% service fee is less expensive than the majority of firms that charge the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is paid off.
While they’ll provide you with an account to see your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app, which will make it easier to monitor your performance.
They do have a good support team, and you can reach them not only through emails but also by phone or making an e-ticket. Tax Relief Companies Hampton Road
If your debt is a big issue 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 Companies Hampton Road
How long does it take to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt provides tax relief programs that will help you with problems like delinquent tax issues and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and make the necessary payments to pay down the amount of debt you have over time.