Are you experiencing debt that has been piling up lately? Are you burnt out from trying other financial tips and advice but haven’t solved your problems?
Maybe you’re here because been through everything.
In most cases, the most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they can help you or put you into more debt.
According to their clients, they can help you control 80percent of your debt , so you can finally take a couple of things off your mind.
For some the claims seem too good to be true.
You might be looking for any solution that could help you resolve your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before you begin the review, you can watch this video instead if you prefer for it to be watched.
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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Homeowners
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. But they offer other services that will assist you in becoming financially stable.
The process begins with requesting a free online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings you’ll be able to be able to learn more about the other options in your journey to be debt-free.
The savings estimate, as we’ve mentioned before, gives you an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the company to answer all of your creditors’ calls. They will be the ones who will determine what you will pay for your settlement depending on the condition of your financial situation. Depending on which works best for you, it can be a lump-sum settlement or a payment plan.
Furthermore they will be working with the creditors so that you can get better rates when you deposit money to your savings account. This in turn, will be processed to pay the creditors. Their programs can assist you to pay off the debt in 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have 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 pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for most types of debt. They can help with personal loans, medical bills, credit cards as well as lines of credit. They can also be approached to help settle any remaining amount on business debts, collections, or repossessions.
They may also assist in negotiating on tax owed and IRS debt. However, you won’t get assistance for the majority of your lawsuits, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you repay debt for less than the sum you have. You can also have questions answered during a free meeting with their debt advisor.
The most appealing aspect of the program is that you only have to pay for the charges once your debt is settled. All you have to do is sign up with any of the plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you’ll be able to solve different types of taxes such as wage garnishments and tax penalties, personal and business taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices and is dependent on the amount that you’ll must settle.
They have different solutions when it comes to the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty however, they do not offer all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if your loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off taxes that are due without any issues. Furthermore, this service is accessible across all 50 states, if you owe money towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also help resolve the medical bills. In some cases you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. Still, they can help private students in negotiating any student loans that they have to pay.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they don’t charge high costs either. On average, you’ll be required to pay up to 20% of the debt you settled through them.
In the average, this kind of business can cost anywhere between 15 and 25%.
In addition, customers can expect to pay off their debts in 2 to 4 years. This varies depending on the amount that you save per month.
Also, they claim that you can save as much as 30% when you factor in their charges into your calculation.
But this claim will also differ based on your specific situation. Some clients even mentioned saving between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you after you’ve settled 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 enroll in their credit restoration program.
It’s a fantastic option to rebuild your credit score without having to go in debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also be looking into any violations by creditors using their own experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with your credit card. If you’re trying to build a better rating on your credit, this could set you back while you’re getting rid of your debt.
CureDebt does not have a mobile app available. Although they have a website for clients however, it appears aged and simple. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on those types of services. Additionally, their 20% service charge is lower than many businesses that charge a 25% fee. There are no upfront payments, and you will only be required to pay once the debt is paid off.
While they’ll provide you with an account to see your progress but their website isn’t easy to navigate. CuraDebt does not have an app that would make it easier to track your progression. Tax Relief For Homeowners
But, they do have a great support team, and you can reach them not only through emails but by phone or by submitting an e-ticket. Tax Relief For Homeowners
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Tax Relief For Homeowners
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt provides tax relief programs to aid you in dealing with problems such as late payroll tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce your debt over time.