Has your debt been piling up lately? Are you burnt out from trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because tried every thing.
In most cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can help you or help you get into more debt.
According to their clients they can assist you in managing 80% of your debt , so you can take few things off of your mind.
However, for certain people the claims seem too good to be true.
You might be looking for anything that can help you resolve your debt. In this case, CuraDebt will mostly be recommended by people. We’ll take a deeper study of how CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, check out this video instead if you prefer for it to be watched.
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’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For The Rich
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. But they offer other services that will assist you in becoming financially stable.
The process starts by requesting a no-cost savings estimate online. It is a completely private service, and they won’t be doing a credit check. With this estimate of savings you’ll be able to be able to learn more about the alternatives to be debt-free.
This estimate of savings, as mentioned earlier, provides you with an insight into your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt is the one to answer all of your creditor’s calls. They’ll also be the ones that will negotiate conditions of the settlement in accordance with the state of your finances. In determining which option is the best for you, it can be a lump-sum settlement or the option of a payment plan.
Furthermore they will work with lenders to help you enjoy better rates when you transfer money into your savings account, which in turn, will process to pay back the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans credit cards, and line of credit. They are also able to help settle any remaining amount on business debts, collections, or repossessions.
They may also assist in negotiating for back taxes and IRS debt. But, you won’t receive assistance with the majority cases, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like those of 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. Certain violations could result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you own. You can also have questions answered during a free meeting with their debt advisor.
The greatest benefit of their program is that you only be charged once your debt is settled. All you need to sign up to any of the plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial records, they will also collect all the necessary paperwork for tax returns.
With this program, you will be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and corporate taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They use only flat-fee pricing, which depends on the amount that you’ll have to pay.
They have different solutions in the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
While debt settlement is their specialty however, they do not provide all kinds of settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if the credit or loan is tied to a physical item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle taxes that are due without any issues. Additionally, this service is offered to all 50 states if you owe money towards the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling the medical bills. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students negotiate the student loans they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail the program if you have other unsecure credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your debts.
They also do not charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry can charge anywhere between 15% and 25 percentage.
Moreover, clients can expect to settle their debt from two to four years. But, it also differs depending on the amount that you are able to save each month.
They also claim you can save up to 30% if you include their fees in your equation.
However, this statement will differ based on the situation. Some clients even mentioned saving between 50% and 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Furthermore they only charge an amount of 20%, while many companies charge 25%.
Then, if you’re done by the program for debt relief, you could also sign up for their credit repair program.
It’s a great option to rebuild the credit rating without going back into debt. However, the program lasts in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means your debt won’t inflate over time. They’ll also be looking into any creditor violations with the assistance of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with . So if you’re trying to increase your rating on your credit, this may delay you from finishing your debt.
CureDebt also doesn’t offer a mobile application. While they have a website that clients can access however, it appears old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more for these types of services. Moreover, their 20% service cost is lower than many businesses that charge a 25% fee. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account to see your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app, which will make it easier to monitor your performance.
However, they have a competent support staff that you can contact them not only through emails but also by phone or making an e-ticket. Tax Relief For The Rich
If your debt is a big problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Tax Relief For The Rich
How long will it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that can assist you with issues like delinquent tax and wage garnishments.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.