Has your debt increased lately? Are you burnt out from trying other financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In most cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you control 80% of your debts so that you are able to take few things off of your mind.
For some they believe these claims are too good to be true.
If you’re looking for something that will aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before starting 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 watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Cost
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with 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 the most well-known feature. They also provide other services that will aid you in becoming more financially secure.
First of all, it begins by requesting a free savings estimate online. It is a completely private service and they will not conduct a credit inquiry. With this savings estimate you’ll be able to discover more about options towards debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an insight into your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt is the company to handle all of your creditors’ calls. They will also be the ones who determine what you will pay for your settlement depending on the condition of your financial situation. Based on what works best for you, it could be either a lump sum settlement or a payment plan.
Moreover, they will be working with the creditors so that you can get better rates when you deposit money to your savings account. This in turn, will be processed to pay off the creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail the program, you’ll have to pass their requirements first. For eligibility, 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 the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for most types of debt. This includes medical bills, personal loans, credit cards and also loans. They can also be approached to settle any outstanding amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. The same goes for 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 can also assist you in identifying creditor violations so that you can have cash settlements, if they are possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you have. They also allow you to have questions answered during a free consult with their debt advisor.
The greatest benefit of their program is that you will only pay the fees once your debt is settled. All you have to sign up for some of their programs, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial documents They will also gather all the necessary paperwork to file tax returns.
Through this program, you’ll be able to solve various tax issues such as wage garnishments as well as tax penalties for personal and taxation for business, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices, which depends on the amount you’ll need to settle.
They have different solutions in settling your 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 kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte however, they do not cater to all types of debt settlement. CuraDebt concentrates on loans that are not secured. They can’t help you if the debt or loan is tied to a physical item.
If you do have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle taxes that are due without any issues. Furthermore, this service is available to all 50 states in the event that you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also assist in settling your medical debt. In certain cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students in negotiating any loans they have to pay.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they don’t charge high costs either. On average, you’ll have to pay as much as 20% of the debt you settled through them.
In the average, this kind of business can cost anywhere between 15 and 25%.
Moreover, clients can expect to settle their debts within two to four years. However, this also varies according to the amount you can save up per month.
They also claim that you can save as much as 30% if you include their fees in your equation.
However, this statement will differ based on your specific situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25 percent.
If you’re finished in the process of debt resolution you could join their credit repair program.
It’s a fantastic option to rebuild the credit rating without going back into debt. However, the program runs different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any creditor violations with the help of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with . If you’re trying to improve your standing on credit scores, you may delay you from working on your credit card debt.
CureDebt does not offer a mobile application. While they do have a website that clients can access however, it appears aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on these kinds of services. In addition, their 20% service fee is less expensive than the majority of firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt does not have an app that will make it easier to look at your performance. Tax Relief Cost
However, they have a competent support staff and can be reached them not only through emails but by phone or by making an electronic ticket. Tax Relief Cost
If problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they provide are in your area.
FAQ Tax Relief Cost
How long will it take to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll tax and garnishments of wages.
What should I 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.