Are you experiencing debt that has increased lately? Are you tired of trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because already tried everything.
In the majority of cases, your best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they are able to help or put you into more debt.
According to their clients, they can assist you in managing 80% of your debt so that you can take couple of things off your plate.
For some the claims seem too good to be true.
If you’re looking for something that will assist you in paying off your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can go to this video for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you continue, you may want to watch 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 Simi Valley
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active 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 imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. However, they also offer other services that can assist you in becoming financially secure.
The process begins with requesting a free savings estimate online. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings, you will discover more about other options in your journey to be debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with credit arbitration if you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the company to take care of all your creditor’s calls. They’ll also be the ones that will determine what you will pay for your repayment depending on the condition of your finances. In determining which option is the most effectively to you, this could be a lump-sum settlement or an installment plan.
Moreover they will also work with creditors to ensure that you get better rates when you transfer money into your savings account. This, in turn, will process to pay off creditors. The plans they offer can help you pay off the debt in two years.
After you’ve registered with them, they will give you access to your information 24/7. All you have to do is sign in to CuraDebts the client portal to monitor your development.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. This includes medical bills, personal loans credit cards, and also loans. They are also able to settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive support for most cases, loans from the government 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 those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, should it be possible. Certain violations may cause your debt to be also dismissed.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can have questions answered during a free meeting with their debt advisor.
The best part about their program is that you’ll only pay the fees once your debt is settled. All you have to sign up for any of the plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
By using this program, you will be able to solve the various types of tax problems such as garnishments on wages, tax penalties, personal and taxation for business as well as back taxes, 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 must settle.
They offer different options for paying off the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty however, they do not provide all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They can’t help you if the loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any issues. Furthermore, this service is accessible to all 50 states if you owe money towards the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve the medical bills. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate the student loans they are owed.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or 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 is how the company has priced its services. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
They also do not charge high charges either. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
In general, this type of business can cost anywhere between 15 and 25%.
Additionally, customers can anticipate to pay off their debts in two to four years. But, it also differs depending on the amount that you save per month.
They also claim that you can save up to 30% if you include their fees in your equation.
But this claim will also vary, depending on your specific situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while many companies charge 25 percent.
Next, if you’re done by the program for debt relief you may also sign up for their credit repair program.
It’s a fantastic method to improve your credit score without having to go in debt again. However, the program runs different for every person according to your personal situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any violations by creditors using their in-house experts.
Drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using the credit card you use. If you’re trying to build a better credit score, it could set you back while you’re getting rid of your obligations.
CureDebt also doesn’t offer a mobile application. While they have a client website however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more for these types of services. Moreover the 20% service cost is less expensive than the majority of businesses that charge an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account so that you can track your progress but their website isn’t easy to navigate. CuraDebt does not have an app that will make it easier to look at your progress.
They do have a great support team and can be reached them not just via email but also via phone or submitting an e-ticket. Tax Relief Companies Simi Valley
If the problem of debt is an problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Tax Relief Companies Simi Valley
How long does it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt has a tax relief program that can aid you in dealing with problems such as delinquent payroll tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.