Has your debt increased lately? Are you burnt out from trying other financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best option is to speak with experts who can help to resolve this issue.
CuraDebt is one of the most asked companies. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients they can help you manage the majority of your debts so that you can finally take a couple of things off your plate.
But for some people the claims seem too good to be true.
You might be looking for anything that can aid you in settling your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can help you solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before starting the review, watch this video instead if you prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Companies Keep Telling Me I Have A Lien But I Cannot Find Any Information On It
CuraDebt is a debt relief company from 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 with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. They also provide additional services to aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service and they will not conduct a credit inquiry. With this estimate of savings, you will discover more about alternatives to debt-free.
The savings estimate, which was mentioned before, gives you an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement plan, CuraDebt can be the company to handle all of the calls from your creditors. They will be the ones who will negotiate conditions of the repayment based on the status of your financial situation. Based on what works most effectively to you, this can either be a lump sum settlement or an installment plan.
Additionally, they will be working with the lenders to help you get better rates when you make deposits to your savings account. This is then processed to pay off the creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is login to CuraDebts Client Portal to track your performance.
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf for the majority of types of debt. These include medical bills, personal loans credit cards, as well as loans. You can also approach them to help settle any remaining balance on business debt and 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 or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, if they are possible. Certain violations could cause your debt to be also dismissed.
CuraDebt also allows you to settle debt with less than the amount you own. They also allow you to ask questions during their free meeting with their debt advisor.
The greatest benefit of their plan is that you only pay the fees once your debt is settled. All you have to do is sign up with any of the plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial documents and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
With this program, you will be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
There are a variety of options when it comes to paying off the 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 types of debt can they assist you with?
Although they specialize in debt settlement, it is not their forte, they don’t offer all kinds in debt resolution. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your credit or loan is tied to an actual item.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle taxes that are due without any issues. Moreover, this type of service is accessible to all 50 states if you owe money to the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students with negotiating the student loans they are owed.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail if you have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards CuraDebt will help you pay it off.
How much will it cost?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you settle each of your outstanding debts.
They also do not charge high costs either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of industry charges between 15 and 25 percent.
Moreover, clients can expect to settle their debt from 2 to 4 years. But, it also differs according to the amount you can save up per month.
Also, they claim that you could save up to 30% by incorporating their charges into your calculation.
However, this statement will differ based on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge 20% of the cost, whereas many companies charge 25 percent.
If you’re finished with the debt settlement program, you could also sign up for their credit repair program.
It’s a fantastic method to improve your credit without going back into debt. The program is however designed differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations by creditors with the help of their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with your credit card. So if you’re trying to increase your credit score, it could cause you to delay working on your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a website that clients can access, it looks aged and simple. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you settle your debt without spending more for these types of services. In addition, their 20% service cost is lower than many companies that offer a 25% fee. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app, which will make it easier to track your progress.
But, they do have a competent support staff, and you can reach them not only through emails but also via phone or sending an e-ticket. Tax Relief Companies Keep Telling Me I Have A Lien But I Cannot Find Any Information On It
If credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services they provide are in your area.
FAQ Tax Relief Companies Keep Telling Me I Have A Lien But I Cannot Find Any Information On It
How long does it take to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt offers a program for tax relief that will assist you with issues such as late payroll tax issues and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower the amount of debt you have over time.