Have your debts increased lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In most cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they are able to help or put you into more debt.
According to their clients, they can assist you in managing 80percent of your debt so that you can take couple of things off your plate.
But for some people they believe these claims are too good to be true.
If you’re looking for something that will assist you in paying off your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before starting the review, check out 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. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Homeschoolers
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. But they offer additional services to assist you in becoming financially stable.
The process begins with requesting a free savings estimate online. This service is very confidential and they will not be doing a credit check. With this savings estimate, you will discover more about other options in your journey towards debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement plan, CuraDebt will be the one to take care of all the calls from your creditors. They will be the ones who negotiate what you will pay for your payment in accordance with the state of your finances. Depending on which works best to you, this can be either a lump sum settlement or a payment plan.
Furthermore they will be working with creditors so that you can enjoy better rates when you make deposits to your savings account, which in turn, will process to pay off creditors. Their plans can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to track your performance.
Before you are able to avail the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to be:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on your behalf for most types of debt. These include medical bills, personal loans credit cards and line of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive assistance with the majority cases, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will 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 debtors who are in violation so that you can have cash settlements, if possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you pay off debts with less than the sum you have. You can also have questions answered during a free consultation with their debt counsellor.
The most appealing aspect of their program is that you’ll only pay the fees once your debt is settled. All you need to sign up for any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial documents and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you should be able to resolve different types of taxes such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices, which depends on the amount you’ll have to pay.
There are a variety of options for 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 types of debt are they able to help with?
Although debt settlement is their specialization however, they do not cater to all types of settlement. CuraDebt only focuses on debt that is not secured. They can’t assist you if your loan or debt is linked to a physical item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any problems. Moreover, this type of service is accessible to all 50 states in the event that you have a debt to the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also assist in settling the medical bills. In some cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students negotiate the student loans they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
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 is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your debts.
They also don’t have high-cost fees as well. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
In general, this type of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debts within two to four years. This varies depending on the amount that you are able to save each month.
Also, they claim that you can save as much as 30% if you include their fees in your equation.
However, this statement will depend on your situation. Some clients even mentioned saving between 50% and up to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25%.
Then, if you’re done in the process of debt resolution, you may enroll in their credit repair program.
It’s an excellent way to restore the credit rating without going in debt again. However, the program lasts different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any creditor violations with the help of their experts in-house.
The drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with the credit card you use. If you’re trying to build a better rating on your credit, this might cause you to delay working on your obligations.
CureDebt does not have a mobile app. While they do have a website for clients but it’s old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. Additionally their 20% service cost is lower than many firms that charge the 25% cost. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app, which will make it easier to look at your progress.
But, they do have a competent support staff, and you can reach them, not only via emails but also via phone or making an electronic ticket. Tax Relief For Homeschoolers
If your problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services they offer are available in your state.
FAQ Tax Relief For Homeschoolers
What is the time frame to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt has a tax relief program that can assist you with issues such as late payroll tax issues and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.