Are you experiencing debt that has increased 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 everything.
In the majority of cases, the best option is to speak with experts who can help to resolve this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can assist you or put you into more debt.
According to their clients they can help you manage 80percent of your debt so that you can finally take a couple of w
orries off your mind.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at the way CuraDebt operates and what issues it can solve for you.
Moreover, before we end our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can check out this video instead if you prefer watching it.
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 review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Display Ads
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. They also provide other services that will assist you in becoming financially secure.
It all begins with requesting a free online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. By using this estimate of savings, you will be able to learn more about the other options in your journey towards debt-free.
The savings estimate, as mentioned previously, offers you 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 support team to assist you with credit arbitration in the event that you decide to join. Some financial advisors can help you in your debt-free journey.
After your debt settlement program, CuraDebt can be the agency to handle all of your creditor’s calls. They’ll also be the ones that negotiate the terms of your repayment in accordance with the state of your finances. Depending on which works most effectively your situation, the payment can either be a lump sum settlement or an installment plan.
Furthermore they will work with lenders to help you have better rates as you make deposits to your savings account. This, is then processed to pay back the creditors. Their programs can assist you to settle the debt within two years.
After you’ve signed up with them, they’ll give you access to your information 24/7. All you need to do is sign in to CuraDebts the client portal to monitor your progress.
Before you are able to avail their program, you’ll need to satisfy their criteria first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They are able to 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 pay off any remaining 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 support for most cases, government loans, collateral, and utility bills. They also don’t cover most 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 so that you can have cash settlements, should it be possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. You can also ask questions during their free meeting with their debt counsellor.
The best part about their program is that you only pay the fees once your debt is settled. All you have to do is sign up with any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial documentation, they will also collect all the necessary paperwork for tax returns.
By using this program, you should be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing that is based on the amount you need to settle.
They have different solutions in paying off taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
Although debt settlement is their specialty but they aren’t able to offer all kinds of settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if your debt or loan is tied to an item that is physical.
If you do have the following types of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Additionally, this service is accessible across all 50 states, if you have a debt in arrears to IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve the medical bills. In some instances, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students negotiate any loans they have to pay.
Personal and payday loans are also eligible for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines you obtained from a different financial institution or bank.
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 assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you settle each of your debts.
Also, they do not charge high fees as well. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
On average, this type of industry charges between 15% and 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
Additionally, they claim that you could save up to 30% if you include their fees in your equation.
However, the claim may depend on your situation. Some customers have even talked about saving 50 to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program, you can also sign up for their credit repair program.
It’s an excellent method to improve the credit rating without going in debt again. However, the program runs different for every person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors using their own experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using your credit card. If you’re trying to build a better credit score, it could cause you to delay finishing your obligations.
CureDebt does not have a mobile app. While they do have a client website but it’s aged and simple. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not credited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on those types of services. Moreover their 20% service cost is lower than many companies that offer the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
Although they’ll give you an account so that you can track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to track your progress.
However, they have a great support team and can be reached them not just via email but also via phone or making an electronic ticket. Tax Relief Display Ads
If problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services they provide are in your state.
FAQ Tax Relief Display Ads
How long will it take to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to assist you with issues like delinquent tax and garnishments of wages.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.