Are you experiencing debt that has increased lately? Are you burnt out from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried every thing.
In most cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they can assist you or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debt so that you can finally take a few things off of your plate.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at the way CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, go to this video in case you would 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’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Icon
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. However, they also offer other services that will help you be more financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. This service is very confidential and won’t be conducting a credit screening. By using this estimate of savings, you will discover more about other options in your journey to debt-free.
This estimate of savings, as we’ve mentioned before, gives you an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration if you decide to enroll. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the one to take care of all your creditors’ calls. They will be the ones who negotiate what you will pay for your payment in accordance with the state of your financial situation. In determining which option is the most effectively to you, this could be a lump-sum settlement or a payment plan.
Moreover they will also work with creditors to ensure that you get better rates when you deposit money to your savings account. This, in turn, will process to pay back the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they will give you access to your data 24/7. All you need to do is log in to CuraDebts Client Portal to track your progress.
Before you can benefit from their program, you’ll need to pass their requirements first. For eligibility, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans, credit cards and also loans. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive support for most cases, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the sum you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt counselor.
The greatest benefit of the program is that you only have to pay for the charges after your debt has been settled. All you need to do is sign up with any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documents They will also gather all the paperwork you’ll need for tax returns.
With this program, you should be able to deal with the various types of tax problems such as garnishments on wages and tax penalties, personal and corporate taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing and is dependent on the amount that you’ll must settle.
They offer different options in 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 types of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to provide all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They won’t be able to assist you if your credit or loan is tied to an actual item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any problems. Additionally, this service is accessible to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students negotiate the student loans they are owed.
Payday loans and personal loans are also eligible as debt-settling 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 as well as traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
What will it cost you?
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 outstanding debts.
They also don’t have high-cost charges either. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled with them.
In general, this type of industry charges between 15 and 25 percent.
In addition, customers can expect to settle their debts within two to four years. However, this also varies according to the amount you can save up per month.
Also, they claim you can save up to 30% when you factor in their charges into your calculation.
But this claim will also depend on your specific situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25%.
If you’re finished by the program for debt relief you may join their credit repair program.
It’s a fantastic option to rebuild the credit rating without going into debt again. The program is however designed differently for each person according to your personal situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors with the assistance of their own experts.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using . If you’re trying to improve your standing on credit scores, you might cause you to delay getting rid of your debt.
CureDebt also doesn’t offer a mobile application. While they do have a website for clients however, it appears outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. In addition the 20% service charge is cheaper than most firms that charge the 25% cost. There aren’t any upfront fees 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 simple to navigate. CuraDebt does not have an app, which will make it easier to track your progression.
But, they do have a great support team, and you can reach them not only through emails but by phone or by making an electronic ticket. Tax Relief Icon
If your problem of debt is an issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they provide are in your area.
FAQ Tax Relief Icon
What is the time frame to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt provides tax relief programs that can help you with problems like delinquent tax and garnishments of wages.
What do I need to do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.