Have your debts been piling up lately? Are you exhausted from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because been through every thing.
In the majority of cases, your best way is to approach professionals that can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their clients, they can assist you in managing 80percent of your debts so that you can take couple of things off your plate.
However, for certain people the claims seem too good to be true.
You might be looking for something that will help you resolve your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, watch this video instead in case you would prefer to watch it.
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’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Tennessee Property Owners
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on 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 secure.
First of all, it begins by requesting a free savings estimate online. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings you’ll be able to discover more about other options in your journey to debt-free.
The savings estimate, which was mentioned previously, offers you an insight into your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt is the one to handle all of your creditors’ calls. They will also be the ones who negotiate the terms of your payment depending on the condition of your finances. Depending on which works most effectively your situation, the payment could be either a lump sum settlement or a payment plan.
Additionally, they will work with creditors so that you can have better rates as you make deposits to your savings account. This in turn, will be processed to pay creditors. The plans they offer can help you settle the debt within the period of 48 months.
After you’ve registered with them, they will give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- 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 with?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for the majority of types of debt. They can help with personal loans, medical bills credit cards and also line of credit. They are also able to pay off any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get assistance for the majority claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors so that you can have cash settlements, if they are possible. Some violations can also cause your debt to be removed as well.
CuraDebt can also help you repay debt for less than the sum you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt counsellor.
The best part about their plan is that you will only have to pay for the charges once your debt is settled. All you have to sign up to one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documents They will also gather all the necessary paperwork for tax returns.
Through this program, you should be able to solve the various types of tax problems such as wage garnishments and tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees also. They use only flat-fee pricing that is based on the amount you have to pay.
They offer different 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 can they assist you with?
Although debt settlement is their forte however, they do not offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any issues. Additionally, this service is accessible across all 50 states, if you have a debt in arrears to IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also assist in settling any medical-related debt. In some instances, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate any loans they are owed.
Payday loans and personal loans also qualify 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 financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge upfront fees. The only time you pay is when you settle each of your debts.
Additionally, they don’t have high-cost costs either. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
On average, this type of industry charges between 15 and 25%.
Moreover, clients can expect to settle their debts within between 2 and 4 years. But, it also differs in relation to the amount you are able to save each month.
Also, they claim you can save up to 30% if you include their fees in your equation.
However, the claim may depend on your situation. Some clients even mentioned saving 50 to up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, let’s look into the advantages of using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. In addition they only charge 20% of the cost, whereas most companies charge you 25%.
Next, if you’re done with the debt settlement program, you may join their credit restoration program.
It’s a fantastic 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 debt so that they can assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations by creditors using their own experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. If you’re trying to improve your standing on credit scores, you could set you back while you’re getting rid of your obligations.
CureDebt does not have a mobile app. Although they 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 credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more on these kinds of services. Additionally the 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
While they’ll provide you with an account to see your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to look at your performance.
But, they do have a good support team and can be reached them not just via email but also via phone or making an e-ticket. Tax Relief For Tennessee Property Owners
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 that they provide are offered in your state.
FAQ Tax Relief For Tennessee Property Owners
What is the time frame to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll taxes and garnishments of wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.