Has your debt increased lately? Are you burnt out from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because been through everything.
In the majority of cases, your most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or put you in more debt.
According to their customers, they can help you manage 80percent of your debt so that you are able to take few things off of your plate.
For some, these claims are just too good to be true.
You might be looking for something that will assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it can help you solve.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before you begin the review, watch this video instead in case you would 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.
About the Company Tax Relief Irma
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through 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 well-known feature. They also provide other services that can help you be more financially stable.
It all starts by requesting a no-cost online savings estimate. The service is completely confidential and won’t be conducting a credit screening. By using this estimate of savings you’ll be able to learn more about the other options in your journey towards debt-free.
This estimate of savings, as mentioned previously, offers you an idea of your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration in the event that you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt can be the one to answer all of your creditor’s calls. They will also be the ones who will negotiate the terms of your payment based on the status of your financial situation. Depending on which works most effectively for you, it could be a lump-sum settlement or an installment plan.
Furthermore they will be working with the creditors so that you can enjoy better rates when you make deposits to your savings account. This in turn, will be processed to pay off the creditors. The plans they offer can help you settle the debt within two years.
After you’ve registered with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts Client Portal to monitor your performance.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to meet the following requirements:
- At least 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 aid you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards, as well as lines of credit. They are also able to pay off any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. But, you won’t receive assistance with the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if they are possible. Some violations can also lead to having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you own. You can also ask questions during their free meeting with their debt advisor.
The greatest benefit of the program is that you only pay the fees once your debt is settled. All you have to sign up for any of the plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need to file tax returns.
Through this program, you should be able to resolve different types of taxes such as garnishments on wages, tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices that is based on the amount you’ll must settle.
They offer different options when it comes to paying off your tax debt. Here are six 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?
While debt settlement is their specialization, they don’t provide all kinds of debt settlement. CuraDebt only focuses 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.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able pay off taxes that are due without difficulty. Moreover, this type of service is available to all 50 states if you have a debt in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve your medical debt. In some cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students with negotiating any loans they are owed.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. The only time you pay is when you settle each of your outstanding debts.
They also don’t charge high charges either. On average, you’ll have to pay as much as 20 percent of the debt that 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. This varies according to the amount you save per month.
Also, they claim you can save up to 30% if you include their charges into your calculation.
However, this statement will differ based on your situation. Some customers have even talked about saving 50% to up to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. In addition, they only charge 20% of the cost, whereas most companies charge you 25 percent.
Next, if you’re done by the program for debt relief, you can enroll in their credit repair program.
It’s a fantastic method to improve the credit rating without having to go back into debt. However, the program lasts differently for each person according to your personal situation.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means your debt won’t increase as time passes. They’ll also be looking into any violations by creditors with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with . So if you’re trying to increase your rating on your credit, this might delay you from working on your credit card debt.
CureDebt does not have a mobile app. While they do have a client website, it looks old and mundane. It’s not very intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on those types of services. Moreover the 20% service charge is lower than many companies that offer a 25% fee. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which could make it easier for you to monitor your progress.
However, they have a good support team and can be reached them not just via email but also by phone or making an electronic ticket. Tax Relief Irma
If your debt is a big problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your area.
FAQ Tax Relief Irma
How long will it take to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt and the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll tax and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to pay down the amount of debt you have over time.