Are you experiencing debt that has been increasing lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the best option is to speak with professionals that can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their clients they can help you manage 80percent of your debts so that you are able to take couple of things off your shoulders.
For some, these claims are just too good to be true.
You might be looking for anything that can aid you in settling your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll take a deeper study of the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, check out this video instead in case you would prefer for it to be watched.
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 of CuraDebt.
About the Company Tax Relief Companies Sc
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become 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 it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. They also provide other services that will assist you in becoming financially stable.
The process begins by requesting a free savings estimate on the internet. The service is completely confidential and won’t be conducting a credit screening. With this estimate of savings, you will discover more about options to be debt-free.
The savings estimate, which was mentioned before, gives you an idea of your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt is the one to answer all of your creditor’s calls. They’ll also be the ones that will determine what you will pay for your repayment based on the status of your financial situation. Depending on which works best to you, this could be a lump-sum settlement or a payment plan.
Furthermore they will also be working with lenders to help you get better rates when you deposit money to your savings account. This is then processed to pay creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve registered with them, they’ll allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts Client Portal so that you can monitor your performance.
Before you are able to avail their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills, credit cards and also lines of credit. You can also approach them to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you will not receive support for most cases, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you settle debt with less than the amount you own. You can also ask questions during their free meeting with their debt counselor.
The greatest benefit of their program is that you’ll only be charged after your debt has been settled. All you have to do is sign up with one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documents They will also gather all the necessary paperwork to file tax returns.
Through this program, you will be able to deal with various tax issues like garnishments on wages and tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount that you’ll have to pay.
They have different solutions for settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they help you with?
Although debt settlement is their forte, they don’t cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They can’t assist you if your debt or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without difficulty. Furthermore, this service is accessible to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some cases, you may even pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students in negotiating any loans they have to pay.
Payday loans and personal loans are also eligible for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll have to pay up to 20% of the debt you settled with them.
On average, this type of business can cost anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from 2 to 4 years. This varies depending on the amount that you can save up per month.
Additionally, they claim you can save up to 30% by incorporating their costs into your calculations.
However, the claim may differ based on your situation. Some customers even claimed to save between 50% and up to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. In addition they charge only a 20% fee while most companies charge you 25 percent.
Then, if you’re done by the program for debt relief, you can enroll in their credit restoration program.
It’s a great method to improve the credit rating without going in debt again. The program is however designed in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any creditor violations using their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with the credit card you use. So if you’re trying to improve your credit score, it could delay you from working on your credit card debt.
CureDebt doesn’t even have a mobile app. While they do have a website for clients however, it appears old and mundane. It’s not very intuitive and could 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 useful program that lets you resolve your debt without having to spend more on those types of services. Moreover their 20% service charge is lower than many businesses that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay when the debt is paid off.
While they’ll provide you with an account so that you can track your progress, their website is not user-friendly. CuraDebt also doesn’t have an app yet, which would make it easier to track your progression.
They do have a competent support staff, and you can reach them, not only via emails but by phone or by submitting an electronic ticket. Tax Relief Companies Sc
If the problem of debt is an problem right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they provide are in your state.
FAQ Tax Relief Companies Sc
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as delinquent payroll taxes and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.