Are you experiencing debt that has been increasing lately? Are you tired of trying various financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if 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 take couple of w
orries off your mind.
However, for certain people they believe these claims are too good to be true.
You might be looking for anything that can assist you in paying off your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, go to this video in case you would prefer to watch it.
Otherwise, let’s begin.
Before you go on, you may want to check out 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 In California
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a participant in 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, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. But they offer other services that can aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t conduct a credit inquiry. With this savings estimate you’ll discover more about alternatives to be debt-free.
This estimate of savings, as we’ve mentioned before, gives you an idea of your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt will be the company to handle all of the calls from your creditors. They will also be the ones that determine the terms of your payment based on the status of your finances. Depending on which works best your situation, the payment could be either a lump sum settlement or an installment plan.
Furthermore they will also be working with the creditors so that you can enjoy better rates when you deposit money to your savings account. This, is then processed to pay off the creditors. The plans they offer can help you get rid of debt in just 48 months.
After 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 to track your development.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills, credit cards as well as lines of credit. You can also approach them to settle any outstanding balance of business debt and collections or repossessions.
They can even help negotiate on tax owed as well as IRS debt. But, you won’t receive assistance with the majority cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, if they are possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt also allows you to settle debt with less than the sum you have. You can also have questions answered during a free consultation with their debt advisor.
The best part about their plan is that you’ll only pay the fees once your debt is settled. All you need to sign up to one of their plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial records, they will also collect all the necessary paperwork for tax returns.
Through this program, you’ll be able to deal with different types of taxes such as garnishments on wages and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you must settle.
They offer different options when it comes to the settlement of taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their specialization but they aren’t able to provide all kinds of settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
However, if you have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay taxes that are due without difficulty. Moreover, this type of service is accessible across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt can also assist in settling your medical debt. In some cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students with negotiating any student loans that they are owed.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you have paid off all of your debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to pay off their debts in between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
Also, they claim that you can save as much as 30% when you factor in their fees in your equation.
However, the claim may depend on your situation. Some customers even claimed to save between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt can provide, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only a 20% fee while most companies charge you 25%.
If you’re finished in the process of debt resolution you can join their credit repair program.
It’s a fantastic method to improve your credit score without going back into debt. The program is however designed different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist in 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 assistance of their experts in-house.
Drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using the credit card you use. So if you’re trying to increase your rating on your credit, this might delay you from getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a client website but it’s aged and simple. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on those types of services. Moreover the 20% service fee is lower than many businesses that charge the 25% cost. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt does not have an app yet, which will make it easier to look at your progression.
They do have a good support team and can be reached them not only through emails but also via phone or making an electronic ticket. Tax Relief Companies In California
If the problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your state.
FAQ Tax Relief Companies In California
What is the time frame to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to assist you with issues such as delinquent payroll tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and pay the required payments to lower the amount of debt you have over time.