Has your debt increased lately? Are you exhausted from trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because been through every thing.
In most cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you control the majority of your debts so that you can take few things off of your plate.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before beginning the review, you can check out this video instead if you 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 our article for a more comprehensive review.
About the Company Tax Relief Fairfax
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer other services that can help you be more financially stable.
First of all, it begins with requesting a free savings estimate on the internet. It is a completely private service and they will not be doing a credit check. With this savings estimate you’ll discover more about other options in your journey to be debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an insight into your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt will be the one to handle all of the calls from your creditors. They’ll also be the ones who will negotiate conditions of the settlement depending on the condition of your financial situation. In determining which option is the most effectively your situation, the payment can be either a lump sum settlement or the option of a payment plan.
Furthermore, they will be working with creditors to ensure that you get better rates when you make deposits to your savings account. This, in turn, will be processed to pay creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve registered with them, they will provide you with access to your data 24/7. All you need to do is sign in to CuraDebts Client Portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills, credit cards and loans. You can also approach them to settle any outstanding amount on business debts and collections or repossessions.
They can even help negotiate for back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors in order to get cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the sum you have. They also allow you to ask questions during their free consult with their debt counselor.
The greatest benefit of the program is that you’ll only be charged when your debt is paid off. All you have to sign up to one of their plans and you’ll have the ability to pay off all 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 collect all the documents you’ll require to file tax returns.
Through this program, you will be able to resolve the various types of tax problems such as garnishments on wages and tax penalties, personal and business taxes as well as 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’ll have to pay.
There are a variety of options for settling the tax debt. Here are 6 options:
- 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?
While debt settlement is their forte, they don’t provide all kinds of settlement. CuraDebt is only focused on unsecured debt. They won’t be able to help you if your debt or loan is tied to a physical item.
However, if you have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any problems. Additionally, this service is offered to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt will also help you resolve any medical-related debt. In some instances, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students in negotiating any student loans that they have to pay.
Personal loans and payday loans also qualify for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you got 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.
What will it cost you?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
They also do not charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15 and 25 percent.
Additionally, customers can anticipate to pay off their debts in two to four years. This varies according to the amount you can save up per month.
They also claim you can save up to 30% if you include their fees in your equation.
However, this statement will vary, depending on your situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. In addition, they only charge an amount of 20%, while most companies charge you 25 percent.
If you’re finished by the program for debt relief you can enroll in their credit repair program.
It’s an excellent method to improve the credit rating without going into debt again. However, the program runs differently for each person, depending on your situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any violations of creditor with the assistance of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using your credit card. Therefore, if you’re trying build a better rating on your credit, this could set you back while you’re getting rid of your debt.
CureDebt doesn’t even offer a mobile application. While they have a website that clients can access, it looks old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are 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 will allow you to resolve your debt without having to spend more on those types of services. Additionally their 20% service charge is cheaper than most businesses that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account so that you can track your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app that could make it easier for you to look at your performance.
They do have a great support team and can be reached them not only through emails but by phone or by sending an electronic ticket. Tax Relief Fairfax
If your problem of debt is an problem right now, we recommend CuraDebt’s service. Make sure you’re qualified and that the services they offer are available in your state.
FAQ Tax Relief Fairfax
What is the time frame to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt provides tax relief programs that will assist you with issues such as delinquent payroll tax issues and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.