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 been through every thing.
In the majority of cases, your best option is to speak with experts who can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they can assist 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 w
orries off your mind.
But for some people they believe these claims are too good to be true.
If you’re looking for anything that can assist you in paying off your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at how CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, you can go to this video in case you would prefer for it to be watched.
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 the article for a more comprehensive review.
About the Company Tax Relief Company Costs
CuraDebt is an organization that deals with debt relief in 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 accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. But they offer other services that will aid you in becoming more financially stable.
It all begins by requesting a free savings estimate on the internet. It is a completely private service and won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about options towards debt-free.
Savings estimates, as mentioned before, gives you an insight into your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to join. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the company to handle all of your creditor’s calls. They will be the ones who negotiate conditions of the settlement in accordance with the state of your finances. In determining which option is the most effectively for you, it can either be a lump sum settlement or an installment plan.
Moreover they will also be working with the lenders to help you enjoy better rates when you make deposits to your savings account, which in turn, will be processed to pay back creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve registered with them, they will give you access to your data 24/7. All you need to do is log in to CuraDebts Client Portal to track your development.
Before you can benefit from the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for all kinds of debt. They can help with personal loans, medical bills, credit cards as well as loans. They can also be approached to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance with the majority cases, government loans as well as 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 will also help you identify the violations of creditors so that you can have cash settlements, if possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you have. You can also inquire about your debt during their no-cost consult with their debt counsellor.
The most appealing aspect of the program is that you’ll only be charged after your debt has been settled. All you have to sign up to any of the plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial records, they will also collect all the documents you’ll require for tax returns.
Through this program, you should be able to deal with various tax issues like garnishments on wages and tax penalties, personal and corporate taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices, which depends on the amount you’ll have to pay.
They offer different options in the settlement of taxes. 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 are they able to help with?
While debt settlement is their specialty however, they do not provide all kinds of settlement. CuraDebt is only focused on unsecured debt. They can’t help you if the debt or loan is tied to an actual item.
If you do have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any issues. Moreover, this type of service is available to all 50 states in the event that you owe money to the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students with negotiating the student loans they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail if you have other unsecured 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 as well as traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your outstanding debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled with them.
In general, this type of industry can charge anywhere between 15 and 25%.
Moreover, clients can expect to settle their debts within 2 to 4 years. This varies depending on the amount that you save per month.
They also claim that you can save as much as 30% when you factor in their fees in your equation.
But this claim will also depend on the situation. Some clients even mentioned saving 50% to 80percent.
Benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt can offer you let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas the majority of companies charge 25%.
Next, if you’re done by the program for debt relief you may enroll in their credit repair program.
It’s a great option to rebuild your credit score without going into debt again. The program is however designed in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any creditor violations using their own experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. Therefore, if you’re trying improve your standing on credit scores, you may cause you to delay working on your credit card debt.
CureDebt also doesn’t offer a mobile application. Although they have a website that clients can access, it looks outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more for these types of services. Additionally their 20% service fee is cheaper than most businesses that charge a 25% fee. There is no upfront payment, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account so that you can track your progress, their website is not simple to navigate. CuraDebt does not have an app that will make it easier to track your progression.
They do have a great support team and can be reached them, not only via emails but also by phone or making an electronic ticket. Tax Relief Company Costs
If the credit card is a major issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services they provide are in your state.
FAQ Tax Relief Company Costs
How long does it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt offers a program for tax relief to assist you with issues like delinquent taxes and garnishments of 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 pay down the amount of debt you have over time.