Has your debt been increasing lately? Are you exhausted from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because been through everything.
In the majority of cases, your best option is to speak with experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their clients, they can help you control 80percent of your debts so that you can take couple of w
orries off your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, go to this video in case you would 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. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Expenses Working From Home
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is the most known feature. They also provide additional services to help you be more financially stable.
First of all, it begins by requesting a free online savings estimate. This service is very confidential and they will not be doing a credit check. By using this estimate of savings you’ll be able to learn more about your other options in your journey to debt-free.
The savings estimate, which was mentioned previously, offers you an insight into your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to join. Some financial advisors can help you with your debt-free journey.
After your debt settlement program is completed, CuraDebt is the one to handle all of the calls from your creditors. They will be the ones who negotiate the terms of your payment depending on the condition of your finances. Depending on which works best for you, it could be a lump-sum settlement or a payment plan.
Moreover they will also be working with creditors so that you can get better rates when you make deposits to your savings account. This in turn, will be processed to pay off the creditors. The plans they offer can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts Client Portal to monitor your performance.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on behalf of you for most types of debt. They can help with personal loans, medical bills credit cards and also lines of credit. They can also be approached to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive assistance with the majority cases, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors so that you can have cash settlements, should it be possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. They also allow you to have questions answered during a free consultation with their debt counselor.
The greatest benefit of their plan is that you’ll only have to pay for the charges after your debt has been settled. All you need to do is sign up with one of their plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need to file tax returns.
With this program, you will be able to resolve various tax issues like wage garnishments as well as tax penalties for personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount that you’ll must settle.
They offer different options when it comes to settling your tax debt. 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 forte however, they do not provide all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if your credit or loan is tied to an actual item.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any problems. Furthermore, this service is accessible to all 50 states if you have a debt in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate any student loans that they owe.
Payday loans and personal loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
They also don’t charge high charges either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim you can save up to 30% if you include their costs into your calculations.
However, the claim may differ based on your specific situation. Some clients even mentioned saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s explore the benefits from using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you may also sign up for their credit repair program.
It’s a great option to rebuild your credit without having to go into debt again. However, the program runs differently for each person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t increase over time. They’ll also be looking into any creditor violations using 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 stop paying with your credit card. So if you’re trying to increase your credit score, it might cause you to delay getting rid of your credit card debt.
CureDebt also doesn’t have a mobile app available. Although they have a client website, it looks old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they did receive 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. Additionally, their 20% service charge is less expensive than the majority of companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account to see your progress however, their website isn’t user-friendly. CuraDebt does not have an app that could make it easier for you to monitor your progression.
But, they do have a good support team and can be reached them not just via email but also via phone or making an electronic ticket. Tax Relief Expenses Working From Home
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Tax Relief Expenses Working From Home
How long will it take to complete the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt provides tax relief programs that can assist you with issues such as delinquent payroll tax and wage garnishments.
What should I do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower the amount of debt you have over time.