Has your debt increased lately? Are you burnt out from trying various financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is among the most frequently contacted companies. Many people have been inquiring whether 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 can take few things off of your plate.
However, for certain people, these claims are just too good to be true.
You might be looking for any solution that could assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before beginning the review, go to this video if you prefer watching it.
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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief During Covid 19
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. They also provide other services that can assist you in becoming financially stable.
First of all, it begins with requesting a free savings estimate online. It is a completely private service and won’t be doing a credit check. With this estimate of savings you’ll discover more about alternatives to be debt-free.
Savings estimates, as we’ve mentioned previously, offers you the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt is the one to answer all of your creditor’s calls. They’ll be the ones who determine the terms of your settlement based on the status of your financial situation. Depending on which works most effectively to you, this can be either a lump sum settlement or the option of a payment plan.
Moreover they will be working with the creditors to ensure that you enjoy better rates when you transfer money into your savings account. This, in turn, will process to pay off creditors. Their plans can help you settle the debt within 48 months.
Once you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is login to CuraDebts’ client portal to track your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include personal loans, medical bills credit cards and also line of credit. They are also able to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority cases, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors in order to get cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt can also help you pay off debts with less than the amount you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The greatest benefit of their program is that you’ll only have to pay for the charges after your debt has been 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 taxes. Once they collect all of your financial records They will also gather all the necessary paperwork for tax returns.
With this program, you will be able to solve different types of taxes like wage garnishments and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you’ll need to settle.
There are a variety of options for paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to cater to all types of settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if the debt or loan is tied to an item that is physical.
If you do have the following types of debt, they will arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without any problems. Moreover, this type of service is accessible to all 50 states in the event that you have a debt to the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In certain cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students in negotiating any student loans that they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they do not charge high charges either. On average, you’ll have to pay between 20 and 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percentage.
In addition, customers can expect to settle their debt from two to four years. This varies according to the amount you are able to save each month.
Additionally, they claim that you could save as much as 30% if you include their costs into your calculations.
But this claim will also depend on the situation. Some customers even claimed to save 50 to 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore they charge only a 20% fee while many companies charge 25 percent.
Next, if you’re done in the process of debt resolution, you could join their credit repair program.
It’s a fantastic way to restore your credit score without having to go in debt again. However, the program runs in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the help of their experts in-house.
The drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with . If you’re trying to build a better credit score, it might set you back while you’re getting rid of your debt.
CureDebt doesn’t even have a mobile app available. While they have a client website but it’s outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on these kinds of services. Moreover, their 20% service cost is cheaper than most companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll give you an account to see your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app that could make it easier for you to look at your performance.
They do have a good support team that you can contact them, not only via emails but by phone or by making an e-ticket. Tax Relief During Covid 19
If your debt is a big problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the programs they provide are in your state.
FAQ Tax Relief During Covid 19
What is the time frame to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt offers a program for tax relief that can aid you in dealing with problems such as delinquent payroll taxes and garnishments on 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 lower the amount of debt you have over time.