Have your debts increased lately? Are you exhausted from trying various financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you manage 80% of your debts so that you can finally take a couple of worries off your shoulders.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. If that’s the scenario, 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.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, check out this video instead if you prefer watching it.
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 will want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Firm
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through 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?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer additional services to help you be more financially secure.
The process begins by requesting a free savings estimate on the internet. This service is very confidential and they will not be conducting a credit screening. With this savings estimate, you will learn more about your alternatives to debt-free.
Savings estimates, as mentioned before, gives you an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the one to take care of all your creditors’ calls. They will also be the ones who will negotiate the terms of your repayment in accordance with the state of your finances. In determining which option is the most effectively for you, it can be either a lump sum settlement or a payment plan.
Additionally, they will be working with the lenders to help you have better rates as you deposit money to your savings account. This, in turn, will be processed to pay back creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is log in to CuraDebts’ client portal to track your development.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans credit cards and lines of credit. They are also able to settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive assistance with the majority claims, government loans or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors in order to get cash settlements, should it be possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. Additionally, you can have questions answered during a free consultation with their debt advisor.
The greatest benefit of their program is that you only be charged after your debt has been settled. All you have to do is sign up with one of their plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial records They will also gather all the necessary paperwork for tax returns.
By using this program, you should be able to deal with various tax issues like garnishments on wages as well as tax penalties for personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices, which depends on the amount you must settle.
They have different solutions when it comes to 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 can they help you with?
Although debt settlement is their specialization, they don’t cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if your loan or debt is linked to a physical item.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without difficulty. Additionally, this service is accessible to all 50 states if you have a debt to the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt will also help you resolve your medical debt. In some cases, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students in negotiating any student loans that they owe.
Personal and payday loans also qualify for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you got from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
Also, they don’t have high-cost costs either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere from 15% to 25 percent.
In addition, customers can expect to settle their debts within two to four years. But, it also differs according to the amount you can save up per month.
Also, they claim you can save up to 30% when you factor in their costs into your calculations.
However, this statement will depend on your specific situation. Some customers even claimed to save 50% to up to 80%.
Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done by the program for debt relief, you can enroll in their credit restoration program.
It’s a great way to restore your credit without going into debt again. However, the program lasts differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any violations by creditors with the assistance of their experts in-house.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using . If you’re trying to build a better standing on credit scores, you could set you back while you’re working on your obligations.
CureDebt also doesn’t have a mobile app available. Although they have a website that clients can access but it’s outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more for these types of services. Additionally the 20% service fee is lower than many companies that offer an additional 25% charge. There are no upfront payments, and you will only have to pay when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress, their website is not simple to navigate. CuraDebt isn’t even an app yet, which would make it easier to monitor your progress. Tax Relief Firm
They do have a good support team, and you can reach them not only through emails but also via phone or submitting an electronic ticket. Tax Relief Firm
If your debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Tax Relief Firm
How long does it take to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the stipulated settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt offers a program for tax relief to assist you with issues such as delinquent payroll taxes and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower your debt over time.