Are you experiencing debt that has increased lately? Are you tired of trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is among the most asked companies. Many people are asking if they are able to help or put you into more debt.
According to their clients, they can help you manage 80% of your debts so that you are able to take few things off of your plate.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll take a deeper look at the way CuraDebt is used and the problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can watch this video instead 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 overview. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Foreclosed Homeowners
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. However, they also offer other services that will help you be more financially secure.
It all begins by requesting a free online savings estimate. The service is completely confidential and won’t be conducting a credit screening. With this savings estimate you’ll be able to discover more about other options in your journey towards debt-free.
Savings estimates, as mentioned earlier, provides you with an idea of your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with credit arbitration if you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the company to answer all of your creditors’ calls. They’ll be the ones who will determine conditions of the payment in accordance with the state of your finances. Based on what works best for you, it could be a lump-sum settlement or an installment plan.
Moreover they will also be working with creditors to ensure that you enjoy better rates when you make deposits to your savings account. This in turn, will be processed to pay off creditors. Their plans can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will allow you access to your information 24/7. All you have to do is login to CuraDebts’ client portal to track your development.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. This includes medical bills, personal loans credit cards, and also line of credit. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance for the majority claims, loans from the government, collateral, and 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 can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, if possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. Additionally, you can have questions answered during a free consult with their debt counselor.
The best part about their program is that you only be charged once your debt is settled. All you need to sign up for some of their programs and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documentation They will also gather all the necessary paperwork to file tax returns.
Through this program, you will be able to solve the various types of tax problems like wage garnishments, tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges either. They use only flat-fee pricing that is based on the amount you’ll need to settle.
There are a variety of options when it comes to paying off the tax debt. Here are six 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 specialization but they aren’t able to cater to all types in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t help you if the debt or loan is tied to an item that is physical.
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 any issues. Moreover, this type of service is offered to all 50 states if you have a debt to the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students negotiate any loans they are owed.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You can also avail the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your outstanding debts.
They also don’t have high-cost costs either. On average, you’ll have to pay as much as 20% of the debt you settled through them.
In general, this type of business can cost anywhere from 15% to 25 percent.
Moreover, clients can expect to settle their debts within between 2 and 4 years. However, this also varies according to the amount you save per month.
Additionally, they claim that you can save up to 30% by incorporating their fees in your equation.
However, the claim may depend on your situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s look into the advantages of using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas most companies charge you 25%.
Next, if you’re done with the debt settlement program, you may also sign up for their credit repair program.
It’s an excellent option to rebuild your credit without going back into debt. However, the program runs differently for each person, depending on your situation.
In the end, CureDebt looks into your credit to help with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any violations of creditor using their in-house experts.
The drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using the credit card you use. So if you’re trying to build a better credit score, it might delay you from working on your obligations.
CureDebt also doesn’t have a mobile app available. While they have a website for clients however, it appears old and mundane. It’s not very intuitive and could be challenging 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 useful program that lets you settle your debt without spending more for these types of services. Moreover, their 20% service charge is cheaper than most companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account to see your progress however, their website isn’t user-friendly. CuraDebt does not have an app yet, which would make it easier to track your progress. Tax Relief For Foreclosed Homeowners
However, they have a great support team, and you can reach them, not only via emails but by phone or by submitting an e-ticket. Tax Relief For Foreclosed Homeowners
If debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they provide are in your state.
FAQ Tax Relief For Foreclosed Homeowners
How long will it take to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt has a tax relief program to aid you in dealing with problems such as delinquent payroll tax issues and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to lower the amount of debt you have over time.