Have your debts been piling up lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can help you or help you get into more debt.
According to their customers, they can help you control the majority of your debt , so you can finally take a few things off of your shoulders.
But for some people the claims seem too good to be true.
You might be looking for anything that can help you resolve your debt. If that’s the situation, 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 its benefits and drawbacks.
Before you begin the review, go to this video if you prefer to watch 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 overview. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Homestead Little Elm
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service 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 aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate online. It is a completely private service, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to discover more about alternatives to debt-free.
This estimate of savings, as mentioned before, gives you an idea of your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following the debt settlement plan, CuraDebt is the one to answer all of the calls from your creditors. They will also be the ones that determine what you will pay for your payment depending on the condition of your finances. In determining which option is the most effectively for you, it could either be a lump sum settlement or an installment plan.
Moreover, they will be working with creditors so that you can get better rates when you deposit money to your savings account. This in turn, will process to pay back the creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they’ll give you access to your information 24/7. All you need 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 need to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include personal loans, medical bills, credit cards and also loans. You can also approach them to pay off any remaining amount on business debts and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can 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 creditor violations so that you can have cash settlements, if they are possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you repay debt for less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The most appealing aspect of their plan is that you only be charged after your debt has been settled. All you need to do is sign up with some of their programs and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents, they will also collect all the documents you’ll require to file tax returns.
By using this program, you’ll be able to deal with the various types of tax problems such as wage garnishments and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you must settle.
They have different solutions for settling your 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 kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to offer all kinds of settlement. CuraDebt concentrates on unsecured debt. They won’t be able to help you if the credit or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to settle tax debts that were due to be paid without any issues. Additionally, this service is offered to all 50 states if you have a debt towards the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt can also help resolve the medical bills. In certain cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students in negotiating the student loans they are owed.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards CuraDebt will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
They also do not charge high charges either. On average, you’ll have to pay as much as 20 percent of the debt that you settled through them.
In general, this type of industry charges between 15 and 25%.
Additionally, customers can anticipate to pay off their debts in two to four years. However, this also varies according to the amount you are able to save each month.
Also, they claim you can save as much as 30% when you factor in their fees in your equation.
However, the claim may differ based on your specific situation. Some customers even claimed to save between 50% and 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s explore the benefits of using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. In addition they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution you may enroll in their credit restoration program.
It’s a fantastic method to improve your credit without going in debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t increase over time. They’ll also be looking into any violations by creditors with the assistance of their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with . Therefore, if you’re trying build a better credit score, it might cause you to delay getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a website that clients can access, it looks old and mundane. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on these kinds of services. Moreover the 20% service charge is less expensive than the majority of businesses that charge an additional 25% charge. There is no upfront payment and you’ll only be required to pay once the debt is paid off.
While they’ll provide you with an account to see your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which would make it easier to look at your progression.
They do have a competent support staff that you can contact them, not only via emails but also by phone or making an e-ticket. Tax Relief Homestead Little Elm
If the debt is a big issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Tax Relief Homestead Little Elm
How long will it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt has a tax relief program that can aid you in dealing with problems such as delinquent payroll tax and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.