Has your debt increased lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through every thing.
In most cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can assist you or put you into more debt.
According to their customers, they can help you control 80% of your debt so that you can finally take a few things off of your mind.
For some the claims seem too good to be true.
You might be looking for any solution that could assist you in paying off your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, check out this video instead in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Landlords
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is the most well-known feature. However, they also offer other services that can help you be more financially secure.
It all begins by requesting a free savings estimate on the internet. The service is completely confidential and won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about the options to be debt-free.
This estimate of savings, which was mentioned before, gives you an idea of your choices, 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 sign up. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt is the company to answer all of the calls from your creditors. They’ll also be the ones who determine the terms of your payment based on the status of your financial situation. In determining which option is the best to you, this can be either a lump sum settlement or the option of a payment plan.
Furthermore they will work with lenders to help you have better rates as you make deposits to your savings account. This in turn, will process to pay back creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they will allow you access to your information 24/7. All you need to do is log in to CuraDebts’ client portal to monitor 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 have to be:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for all kinds of debt. This includes personal loans, medical bills credit cards, and also line of credit. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive assistance for the majority cases, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like 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 to ensure that you receive cash settlements, should it be possible. Some violations can also lead to having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. They also allow you to ask questions during their free consultation with their debt advisor.
The most appealing aspect of the program is that you will only be charged when your debt is paid off. All you have to sign up for some of their programs and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
With this program, you should be able to resolve different types of taxes such as garnishments on wages as well as tax penalties for personal and corporate taxes, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only use flat-fee pricing, which depends on the amount that you’ll must settle.
They have different solutions for the settlement of 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 can they assist you with?
Although they specialize in debt settlement, it is not their specialization, they don’t cater to all types in debt resolution. CuraDebt only focuses on unsecured debt. They can’t assist you if your credit or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any issues. Furthermore, this service is available to all 50 states in the event that you owe money in arrears to IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some instances you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate any loans they are owed.
Personal and payday loans are also eligible for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
They also do not charge high costs either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
In general, this type of industry charges between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. This varies depending on the amount that you are able to save each month.
They also claim that you can save up to 30% when you factor in their charges into your calculation.
But this claim will also vary, depending on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while many companies charge 25%.
Next, if you’re done in the process of debt resolution you may enroll in their credit repair program.
It’s a fantastic way to restore your credit score without going in debt again. However, the program runs different for every person according to your personal situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations by creditors using their own experts.
Drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using . If you’re trying to improve your rating on your credit, this may cause you to delay getting rid of your debt.
CureDebt also doesn’t have a mobile app available. While they do have a website for clients but it’s aged and simple. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on those types of services. Moreover, their 20% service cost is less expensive than the majority of companies that offer a 25% fee. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which will make it easier to track your progression. Tax Relief For Landlords
But, they do have a good support team that you can contact them not just via email but also via phone or sending an electronic ticket. Tax Relief For Landlords
If the credit card is a major issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the programs they offer are available in your state.
FAQ Tax Relief For Landlords
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt offers a program for tax relief that can assist you with issues such as delinquent payroll tax and garnishments of wages.
What should I do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to pay down your debt over time.