Have your debts been piling up lately? Are you exhausted from trying other financial advice and strategies but haven’t solved your problems?
Maybe you’re here because been through everything.
In the majority of cases, your most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of people are asking if they are able to help or put you in more debt.
According to their customers, they can assist you in managing 80percent of your debt , so you can take few things off of your mind.
But for some people they believe these claims are too good to be true.
If you’re looking for anything that can help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, you can go to this video for a more relaxing way to watch 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 the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Deserving Citizens
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. They also provide other services that will help you be more financially secure.
The process begins with requesting a free savings estimate on the internet. It is a completely private service, and they won’t be conducting a credit screening. By using this estimate of savings, you will discover more about alternatives to be debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with the opportunity to consider your options 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 in navigating credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt will be the one to answer all of the calls from your creditors. They’ll be the ones who determine the terms of your repayment based on the status of your financial situation. In determining which option is the most effectively to you, this can either be a lump sum settlement or an installment plan.
Moreover they will be working with creditors to ensure that you have better rates as you deposit money to your savings account. This is then processed to pay back creditors. The plans they offer can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they will give you access to your data 24/7. All you need to do is log in to CuraDebts the client portal to monitor your progress.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans credit cards, and also line of credit. You can also approach them to help settle any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government, collateral, and utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, if possible. Some violations can also result in having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can ask questions during their free consult with their debt counsellor.
The most appealing aspect of their program is that you will 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 resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documents They will also gather all the necessary paperwork for tax returns.
With this program, you should be able to resolve various tax issues such as garnishments on wages and tax penalties, personal and business taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you have to pay.
There are a variety of options in the settlement of the 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 kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t offer all kinds of settlement. CuraDebt is only focused on loans that are not secured. They can’t assist you if your loan or debt is linked to an actual item.
However, if you have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle taxes that are due without any problems. Moreover, this type of service is offered to all 50 states in the event that you have a debt in arrears to IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt will also help you resolve any medical-related debt. In some instances, you may even pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students in negotiating any loans they are owed.
Personal loans and payday loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured 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 can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
Additionally, they do not charge high costs either. In the average, you’ll need to pay as much as 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. But, it also differs in relation to the amount you can save up per month.
Additionally, they claim that you could save up to 30% when you factor in their charges into your calculation.
However, the claim may depend on your specific situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. In addition they charge only an amount of 20%, while many companies charge 25%.
Then, if you’re done by the program for debt relief, you could also sign up for their credit restoration program.
It’s an excellent way to restore the credit rating without having to go back into debt. However, the program runs in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any violations of creditor 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 cease making payments with . If you’re trying to increase your standing on credit scores, you might delay you from getting rid of your debt.
CureDebt does not have a mobile app available. While they have a website that clients can access but it’s aged and simple. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you settle your debt without spending more on these kinds of services. In addition the 20% service charge is lower than many companies that offer the 25% cost. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app that would make it easier to monitor your performance.
But, they do have a competent support staff, and you can reach them not just via email but also by phone or making an electronic ticket. Tax Relief For Deserving Citizens
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services that they provide are offered in your area.
FAQ Tax Relief For Deserving Citizens
What is the time frame to finish the program?
The program typically takes 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program to help you with problems such as delinquent payroll tax issues and garnishments on wages.
What should I do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower the amount of debt you have over time.