Has your debt been piling up lately? Are you exhausted from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve been through everything.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can help you or put you in more debt.
According to their clients, they can help you control 80% of your debt so that you are able to take couple of things off your shoulders.
However, for certain people they believe these claims are too good to be true.
You might be looking for something that will assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at how CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before you begin the review, go to this video for a more relaxing way for it to be watched.
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’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief Companies Reviews
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. But they offer other services that will help you be more financially secure.
The process begins by requesting a free savings estimate on the internet. This service is very confidential and they will not be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the other options in your journey towards debt-free.
The savings estimate, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Some financial advisors can help you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt is the agency to take care of all your creditors’ calls. They will be the ones who will determine the terms of 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 the option of a payment plan.
Moreover, they will work with creditors so that you can enjoy better rates when you transfer money into your savings account. This, in turn, will process to pay back the creditors. The plans they offer can help you pay off the debt in two years.
After you’ve signed up with them, they will give you access to your information 24/7. All you have to do is sign in to CuraDebts’ client portal to track your progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with debt. They are able to 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. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating on tax owed and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if they are possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt also allows you to repay debt for less than the sum you have. Additionally, you can have questions answered during a free consultation with their debt advisor.
The most appealing aspect of the program is that you will only be charged after your debt has been settled. All you have to sign up to one of their plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial records They will also gather all the documents you’ll require for tax returns.
Through this program, you will be able to solve various tax issues like garnishments on wages as well as tax penalties for personal and corporate taxes and back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs also. They only offer flat-fee prices that is based on the amount you’ll have to pay.
They offer different options in settling 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 types of debt are they able to help with?
Although debt settlement is their forte, they don’t offer all kinds of settlement. CuraDebt only focuses on unsecured debt. They can’t help you if your debt or loan is tied to a physical item.
However, if you have the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any issues. Additionally, this service is offered across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling the medical bills. In certain cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students in negotiating any student loans that they owe.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines that you got from another 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 assist you in paying it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they don’t have high-cost charges either. On average, you’ll have to pay between 20 and 20% of the debt you settled with them.
In general, this type of business can cost anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debts within two to four years. This varies depending on the amount that you are able to save each month.
Also, they claim that you could save up to 30% if you include their costs into your calculations.
However, this statement will vary, depending on the situation. Some clients even mentioned saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can offer you let’s look into the advantages from using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. Additionally, they only charge a 20% fee while many companies charge 25%.
Then, if you’re done with the debt settlement program, you can also sign up for their credit restoration program.
It’s an excellent method to improve your credit without going into debt again. However, the program runs differently for each person, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations of creditor with the assistance of their own experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . Therefore, if you’re trying build a better credit score, it could cause you to delay finishing your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a client website but it’s old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more on these kinds of services. In addition their 20% service fee is cheaper than most firms that charge the 25% cost. There is no upfront payment and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app yet, which will make it easier to monitor your progress. Tax Relief Companies Reviews
But, they do have a good support team that you can contact them, not only via emails but by phone or by sending an e-ticket. Tax Relief Companies Reviews
If debt is a big problem, then we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services they provide are in your state.
FAQ Tax Relief Companies Reviews
How long will it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief to aid you in dealing with problems like delinquent tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to lower your debt over time.