Are you experiencing debt that has been piling up lately? Are you burnt out from trying other financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In the majority of cases, the best option is to speak with professionals that can help you resolve the issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they can help you or put you into more debt.
According to their customers, they can assist you in managing 80percent of your debts so that you are able to take few things off of your plate.
For some, these claims are just too good to be true.
If you’re looking for anything that can help you resolve your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before you begin the review, check out this video instead if you 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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Companys Westminster Md
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. However, they also offer other services that can aid you in becoming more financially secure.
It all begins with requesting a free online savings estimate. It is a completely private service, and they won’t be doing a credit check. With this estimate of savings you’ll be able to learn more about the other options in your journey to be debt-free.
This estimate of savings, as we’ve mentioned before, gives you an insight into your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating the process of credit arbitration should you choose to sign up. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program, CuraDebt is the company to answer all of your creditor’s calls. They will be the ones who determine conditions of the repayment based on the status of your financial situation. Depending on which works most effectively for you, it could either be a lump sum settlement or a payment plan.
Moreover they will work with lenders to help you enjoy better rates when you make deposits to your savings account, which in turn, will be processed to pay off creditors. Their plans can help you pay off the debt in two years.
Once you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts’ client portal to track your development.
Before you can benefit from their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards and lines of credit. They are also able to help settle any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate on tax owed as well as IRS debt. However, you won’t get support for most claims, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, should it be possible. Some violations can also lead to having your debts removed as well.
CuraDebt lets you settle debt with less than the sum you have. You can also ask questions during their free consultation with their debt counsellor.
The best part about their plan is that you’ll only be charged when your debt is paid off. All you have to sign up for some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records They will also gather all the necessary paperwork for tax returns.
Through this program, you will be able to resolve the various types of tax problems like wage garnishments and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing and is dependent on the amount you’ll have to pay.
They offer different options when it comes to settling the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialty however, they do not cater to all types of settlement. CuraDebt only focuses on debt that is not secured. They won’t be able to assist you if your credit or loan is tied to a physical item.
However, if you have the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without difficulty. Moreover, this type of service is available across all 50 states, if you owe money to the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some instances you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate any loans they owe.
Personal and payday loans also qualify as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will help you pay it off.
What will it cost you?
The best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
On average, this type of business can cost anywhere between 15% and 25%.
In addition, customers can expect to settle their debt from 2 to 4 years. This varies according to the amount you are able to save each month.
They also claim you can save as much as 30% by incorporating their fees in your equation.
But this claim will also depend on your situation. Some clients even mentioned saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can offer you Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. In addition, they only charge a 20% fee while the majority of companies charge 25 percent.
If you’re finished by the program for debt relief, you may also sign up for their credit restoration program.
It’s a fantastic option to rebuild the credit rating without having to go back into debt. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also be looking into any violations of creditor with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with your credit card. So if you’re trying to increase your standing on credit scores, you may set you back while you’re getting rid of your obligations.
CureDebt does not have a mobile app available. While they have a website for clients, it looks aged and simple. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more for these types of services. In addition the 20% service fee is lower than many businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay when your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress, their website is not easy to navigate. CuraDebt does not have an app that will make it easier to monitor your progress.
But, they do have a great support team and can be reached them not only through emails but also via phone or sending an e-ticket. Tax Relief Companys Westminster Md
If your debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services that they provide are offered in your state.
FAQ Tax Relief Companys Westminster Md
How long does it take to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as late payroll taxes and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down the amount of debt you have over time.