Have your debts been piling up lately? Are you burnt out from trying other financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, your best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they are able to help or help you get into more debt.
According to their clients they can help you control 80% of your debts so that you are able to take couple of w
orries off your mind.
But for some people, these claims are just too good to be true.
If you’re looking for any solution that could aid you in settling your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before beginning the review, watch this video instead if you prefer watching 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 Irma
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by 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 one of CuraDebt’s best well-known feature. They also provide additional services to assist you in becoming financially stable.
First of all, it begins by requesting a free online savings estimate. This service is very confidential and they will not be doing a credit check. By using this estimate of savings you’ll be able to learn more about your options towards debt-free.
The savings estimate, which was mentioned before, gives you an insight into your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the company to handle all of the calls from your creditors. They’ll also be the ones who will determine the terms of your repayment in accordance with the state of your financial situation. Depending on which works best your situation, the payment can be either a lump sum settlement or a payment plan.
Furthermore they will work with lenders to help you have better rates as you deposit money to your savings account. This, is then processed to pay back creditors. Their plans can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you have to do is log in to CuraDebts’ client portal to track your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills, credit cards and loans. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate on tax owed and IRS debt. However, you won’t get assistance with the majority claims, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations may result in having your debts also dismissed.
CuraDebt lets you repay debt for less than the sum you have. They also allow you to have questions answered during a free consult with their debt advisor.
The most appealing aspect of the program is that you only have to pay for the charges after your debt has been settled. All you have to sign up for one of their plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial documentation, they will also collect all the documents you’ll require for tax returns.
Through this program, you should be able to resolve different types of taxes such as wage garnishments and tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you’ll have to pay.
They have different solutions in 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?
While debt settlement is their forte however, they do not cater to all types of settlement. CuraDebt concentrates on debt that is not secured. They can’t assist you if your loan or debt is linked to an actual item.
However, if you have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any issues. Additionally, this service is accessible across all 50 states, if you owe money to the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve your medical debt. In certain cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate any loans they owe.
Personal loans and payday loans are also eligible for the debt settlement program. You may also be eligible if you have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. Only pay when you’ve paid each of your debts.
Also, they don’t have high-cost fees as well. In the average, you’ll need to pay as much as 20% of the debt you settled with them.
On average, this type of business can cost anywhere between 15 and 25 percent.
In addition, customers can expect to settle their debts within between 2 and 4 years. But, it also differs according to the amount you save per month.
Also, they claim that you could save up to 30% when you factor in their costs into your calculations.
But this claim will also vary, depending on your situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you let’s explore the benefits from using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while many companies charge 25%.
Next, if you’re done by the program for debt relief you may enroll in their credit restoration program.
It’s an excellent way to restore your credit score without having to go into debt again. However, the program runs in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also investigate any violations by creditors with the assistance of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with your credit card. So if you’re trying to build a better standing on credit scores, you could cause you to delay finishing your debt.
CureDebt also doesn’t have a mobile app. Although they have a website for clients but it’s outdated and basic. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. In addition, their 20% service cost is less expensive than the majority of companies that offer an additional 25% charge. There are no upfront payments and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account to see your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to look at your progression.
They do have a competent support staff and can be reached them not only through emails but by phone or by submitting an electronic ticket. Tax Relief For Irma
If your problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Tax Relief For Irma
How long does it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program that can help you with problems like delinquent tax and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.