Are you experiencing debt that has increased lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried every thing.
In most cases, the best option is to speak with experts who can assist you settle this issue.
CuraDebt is among the most frequently contacted companies. Many people have been inquiring whether they can assist you or put you in more debt.
According to their customers, they can help you control 80percent of your debt so that you can take couple of worries off your shoulders.
However, for certain people, these claims are just too good to be true.
You might be looking for anything that can assist you in paying off your debt. In that situation, 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 can help you solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, you can go to this video if you prefer watching 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 review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Companies Near Me
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most well-known feature. But they offer other services that can help you be more financially secure.
The process starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not be conducting a credit screening. With this estimate of savings you’ll be able to learn more about your options towards debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and 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 program is completed, CuraDebt can be the one to handle all of your creditor’s calls. They will also be the ones that determine conditions of the repayment based on the status of your financial situation. In determining which option is the best your situation, the payment could be a lump-sum settlement or a payment plan.
Moreover, they will be working with the creditors to ensure that you have better rates as you transfer money into your savings account. This, in turn, will be processed to pay off creditors. The plans they offer can help you get rid of debt in just 48 months.
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 the client portal to track your development.
Before you can avail of their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans credit cards and lines of credit. You can also approach them to pay off any remaining amount on business debts collection, repossessions, or collections.
They may also assist in negotiating for back taxes and IRS debt. However, you won’t get support for most cases, loans from the government, collateral, and 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 can also assist you in identifying creditor violations to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the amount you have. They also allow you to inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of their program is that you’ll only have to pay for the charges once your debt is settled. All you need to sign up to any of the plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
With this program, you should be able to resolve various tax issues such as garnishments on wages, tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs either. They only use flat-fee pricing that is based on the amount you must settle.
They have different solutions when it comes to paying off the 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?
Although debt settlement is their forte, they don’t cater to all types of settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to help you if your credit or loan is tied to an item that is physical.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Moreover, this type of service is offered to all 50 states if you have a debt in arrears to IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve your medical debt. In some instances you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students in negotiating any loans they owe.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you got from another 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 will assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
Also, they don’t have high-cost costs either. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25%.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. But, it also differs according to the amount you can save up per month.
Additionally, they claim you can save up to 30% when you factor in their fees in your equation.
But this claim will also differ based on your specific situation. Some customers have even talked about saving 50 to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. Furthermore they only charge an amount of 20%, while most companies charge you 25%.
Then, if you’re done in the process of debt resolution, you could also sign up for their credit repair program.
It’s an excellent method to improve the credit rating without going into debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also look into any creditor violations with the assistance of their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to stop paying with the credit card you use. So if you’re trying to build a better credit score, it might delay you from getting rid of your credit card debt.
CureDebt does not offer a mobile application. While they do have a website for clients however, it appears aged and simple. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on these kinds of services. Additionally their 20% service cost is cheaper than most companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay when 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 yet, which could make it easier for you to track your performance. Tax Relief Companies Near Me
However, they have a competent support staff that you can contact them, not only via emails but by phone or by submitting an electronic ticket. Tax Relief Companies Near Me
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Tax Relief Companies Near Me
How long does it take to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt offers a program for tax relief to aid you in dealing with problems like delinquent tax and garnishments on wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down the amount of debt you have over time.