Has your debt increased lately? Are you exhausted from trying various financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they are able to help or put you in more debt.
According to their clients they can help you manage the majority of your debt so that you are able to take couple of things off your mind.
But for some people, these claims are just too good to be true.
If you’re looking for anything that can aid you in settling your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before you begin the review, you can watch this video instead if you prefer watching it.
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. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief For Wildfire With Tax Relief In It
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active part 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 limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. However, they also offer other services that can assist you in becoming financially secure.
First of all, it starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. With this estimate of savings, you will learn more about your alternatives to be debt-free.
The savings estimate, as we’ve mentioned before, gives you the opportunity to consider your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt can be the agency to handle all of your creditors’ calls. 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 to you, this could be either a lump sum settlement or the option of a payment plan.
Additionally they will also work with lenders to help you enjoy better rates when you make deposits to your savings account. This, is then processed to pay back creditors. The plans they offer can help you settle the debt within 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can aid 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 loans. They can also be approached to settle any outstanding amount on business debts and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t 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 other hand, they can assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. They also allow you to inquire about your debt during their no-cost consultation with their debt counsellor.
The greatest benefit of the program is that you only pay the fees after your debt has been settled. All you have to sign up for one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documentation, they will also collect all the necessary paperwork for tax returns.
By using this program, you’ll be able to solve different types of taxes like garnishments on wages as well as tax penalties for personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices and is dependent on the amount you must settle.
They offer different options for paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt are they able to help with?
While debt settlement is their specialty but they aren’t able to provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if the debt or loan is tied to an item that is physical.
If you do have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle your past-due tax debts without difficulty. Moreover, this type of service is available to all 50 states in the event that you have a debt to the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also assist in settling your medical debt. In certain cases, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating any student loans that they owe.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. Only pay when you’ve paid each of your debts.
They also do not charge high fees as well. On average, you’ll have to pay as much as 20 percent of the debt you settled with them.
On average, this type of industry can charge anywhere between 15% and 25%.
Moreover, clients can expect to pay off their debts in two to four years. This varies depending on the amount that you are able to save each month.
Additionally, they claim that you can save as much as 30% when you factor in their fees in your equation.
However, this statement will differ based on your specific situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s explore 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 an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program, you could enroll in their credit repair program.
It’s a great option to rebuild your credit without having to go into debt again. However, the program runs differently for each person dependent on the circumstances of your case.
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 investigate any creditor violations with the assistance of their own experts.
The drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop paying with the credit card you use. If you’re trying to increase your standing on credit scores, you may cause you to delay getting rid of your debt.
CureDebt doesn’t even have a mobile app. While they have a client website, it looks aged and simple. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on these kinds of services. In addition the 20% service charge is cheaper than most companies that offer a 25% fee. There is no upfront payment, and you will only be required to pay once the debt is settled.
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 that will make it easier to monitor your progression.
They do have a competent support staff, and you can reach them, not only via emails but by phone or by making an e-ticket. Tax Relief For Wildfire With Tax Relief In It
If your credit card is a major problem, then we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services they provide are in your state.
FAQ Tax Relief For Wildfire With Tax Relief In It
How long does it take to complete the program?
The program typically takes 24 to 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 to help you with problems such as late payroll taxes and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.