Has your debt been increasing lately? Are you exhausted from trying various financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, your most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of 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 couple of w
orries off your mind.
For some the claims seem too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can check out this video instead for a more relaxing way for it to be watched.
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 review. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief Free
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 is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. They also provide other services that can assist you in becoming financially stable.
The process begins by requesting a free online savings estimate. The service is completely confidential and won’t be conducting a credit screening. With this savings estimate, you will discover more about other options in your journey to debt-free.
The savings estimate, as we’ve mentioned previously, offers 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 with credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt will be the one to handle all of your creditor’s calls. They will be the ones who will negotiate what you will pay for your repayment depending on the condition of your finances. Depending on which works best your situation, the payment could either be a lump sum settlement or a payment plan.
Moreover they will also be working with creditors to ensure that you get better rates when you make deposits to your savings account. This in turn, will be processed to pay creditors. Their plans can help you settle the debt within two years.
After you’ve signed up with them, they’ll provide you with access to your data 24/7. All you have to do is log in to CuraDebts the client portal so that you can monitor your performance.
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CuraDebt’s Requirements
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can assist you.
Debt Relief
The name of the company suggests that CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for all kinds of debt. They can help with personal loans, medical bills credit cards and also lines of credit. You can also approach them to settle any outstanding balance of business debt collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. But, you won’t receive support for most of your lawsuits, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as 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 so that you can have cash settlements, should it be possible. Certain violations could result in having your debts also dismissed.
CuraDebt lets you settle debt with less than the amount you have. They also allow you to have questions answered during a free consult with their debt counselor.
The best part about their plan is that you’ll only have to pay for the charges after your debt has been 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 can also help you with taxes. Once they’ve gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
By using this program, you will be able to resolve different types of taxes such as garnishments on wages and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices and is dependent on the amount you need to 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
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What kinds of debts can they help you with?
Although debt settlement is their specialization, they don’t cater to all types of debt settlement. CuraDebt concentrates on debt that is not secured. They won’t be able to help you if your debt or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt, you should be able pay off your past-due tax debts without any problems. Moreover, this type of service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts that can help you resolve the issues.
Medical Debt
CuraDebt can also assist in settling the medical bills. In some instances you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students negotiate any student loans that they have to pay.
Personal Loan
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Additionally, they do not charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of industry can charge anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. However, this also varies depending on the amount that you can save up per month.
Also, they claim that you can save as much as 30% by incorporating their costs into your calculations.
However, this statement will vary, depending on your situation. Some customers even claimed to save 50% to 80percent.
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Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief, you could join their credit restoration program.
It’s a fantastic method to improve your credit score without going back into debt. The program is however designed 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 inflate over time. They’ll also investigate any creditor violations with the help of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with your credit card. Therefore, if you’re trying improve your credit score, it may set you back while you’re getting rid of your credit card debt.
CureDebt also doesn’t offer a mobile application. While they have a website for clients, it looks aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service charge is cheaper than most companies that offer the 25% cost. There are no upfront payments, and you will only have to pay when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to track your progression.
They do have a competent support staff, and you can reach them not only through emails but also by phone or submitting an electronic ticket. Tax Relief Free
If your problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your area.
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FAQ Tax Relief Free
How long does it take to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt has a tax relief program that can help you with problems such as late payroll tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down the amount of debt you have over time.