Have your debts increased lately? Are you tired of trying different financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best way is to approach experts who can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can assist you or put you into more debt.
According to their clients they can help you manage 80% of your debts so that you can finally take a couple of w
orries off your mind.
But for some people they believe these claims are too good to be true.
You might be looking for anything that can help you resolve your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of how CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before beginning the review, watch this video instead if you 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Seniors In Colorado
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active 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 imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. But they offer additional services to help you be more financially secure.
First of all, it starts by requesting a no-cost online savings estimate. This service is very confidential and won’t be conducting a credit screening. With this estimate of savings you’ll discover more about options to be debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the company to take care of all your creditors’ calls. They will be the ones who will negotiate what you will pay for your settlement in accordance with the state of your financial situation. Based on what works most effectively for you, it can be a lump-sum settlement or an installment plan.
Moreover, they will be working with creditors to ensure that you enjoy better rates when you transfer money into your savings account. This, is then processed to pay back creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve registered with them, they will provide you with access to your information 24/7. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you with?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards and also loans. They can also be approached to pay off any remaining balance on business debt, collections, or repossessions.
They may also assist in negotiating on tax owed and IRS debt. However, you will not receive support for most cases, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of 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 also help you find the violations of creditors in order to get cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you settle debt with less than the amount you have. They also allow you to ask questions during their free meeting with their debt counselor.
The best part about their program is that you’ll only pay the fees when your debt is paid off. All you have to sign up for some of their programs, and you’ll have the ability 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 and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you will be able to solve various tax issues such as garnishments on wages and tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll must settle.
There are a variety of options when it comes to 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 kinds of debts can they help you with?
While debt settlement is their specialization but they aren’t able to offer all kinds of settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to assist you if your credit or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off taxes that are due without difficulty. Moreover, this type of service is accessible across all 50 states, if you owe money towards the IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students negotiate any student loans that they have to pay.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program 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, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way 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.
Additionally, they don’t have high-cost fees as well. On average, you’ll have to pay as much as 20 percent of the debt you settled through them.
In the average, this kind of industry charges between 15 and 25 percent.
In addition, customers can expect to settle their debts within two to four years. However, this also varies according to the amount you can save up per month.
Additionally, they claim you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also depend on your situation. Some customers have even talked about saving 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. In addition, they only charge 20% of the cost, whereas most companies charge you 25%.
Next, if you’re done in the process of debt resolution you can enroll in their credit restoration program.
It’s an excellent option to rebuild your credit without having to go in debt again. However, the program runs different for every person according to your personal situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also investigate any violations of creditor using their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using . If you’re trying to build a better credit score, it might delay you from working on your obligations.
CureDebt does not have a mobile app. While they do have a website that clients can access, it looks old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not recognized by their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service charge is lower than many businesses that charge an additional 25% charge. There is no upfront payment, and you will only have to pay when your debt is finally settled.
Although they’ll give you an account to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app that will make it easier to track your performance.
They do have a great support team, and you can reach them, not only via emails but by phone or by sending an electronic ticket. Tax Relief For Seniors In Colorado
If your debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs that they provide are offered in your state.
FAQ Tax Relief For Seniors In Colorado
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt offers a program for tax relief that will help you with problems such as delinquent payroll tax issues and garnishments of wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with the team and make the necessary payments to reduce your debt over time.