Are you experiencing debt that has been increasing lately? Are you burnt out from trying different financial tips and advice but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their clients they can help you manage 80% of your debt , so you can finally take a few things off of your shoulders.
For some the claims seem too good to be true.
You might be looking for something that will help you resolve your debt. If that’s the situation, CuraDebt will mostly be suggested 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 our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, you can check out this video instead in case you would 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. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Kit
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. But they offer other services that will assist you in becoming financially stable.
It all starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. By using this estimate of savings, you will learn more about your options to debt-free.
The savings estimate, as mentioned previously, offers you an idea of your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration in the event that you decide to sign up. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program, CuraDebt is the company to handle all of your creditor’s calls. They will also be the ones that determine the terms of your payment depending on the condition of your finances. Depending on which works best for you, it could either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with creditors so that you can get better rates when you transfer money into your savings account. This, in turn, will process to pay creditors. Their plans can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is sign in to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to be:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for most types of debt. These include medical bills, personal loans, credit cards and also lines of credit. They are also able to settle any outstanding balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive assistance for the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors so that you can have cash settlements, if possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the sum you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt counsellor.
The most appealing aspect of the program is that you only be charged once your debt is settled. All you need to sign up for one of their plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you should be able to solve various tax issues like garnishments on wages as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing and is dependent on the amount you’ll must settle.
They offer different options for the settlement of taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty, they don’t offer all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They can’t help you if your debt or loan is tied to a physical item.
However, if you have the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any problems. Furthermore, this service is available across all 50 states, if you owe money in arrears to IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In some cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any loans they are owed.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. 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 up to 20 percent of the debt that you settled with them.
In general, this type of industry can charge anywhere between 15 and 25 percentage.
In addition, customers can expect to settle their debts within two to four years. However, this also varies in relation to the amount you save per month.
Also, they claim you can save as much as 30% when you factor in their costs into your calculations.
But this claim will also vary, depending on your situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. Additionally they only charge a 20% fee while many companies charge 25%.
If you’re finished in the process of debt resolution you can enroll in their credit restoration program.
It’s an excellent method to improve your credit score without having to go back into debt. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t increase over time. 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 paying with your credit card. Therefore, if you’re trying improve your standing on credit scores, you may delay you from working on your debt.
CureDebt doesn’t even have a mobile app. Although they have a website that clients can access, it looks old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on those types of services. Additionally, their 20% service cost is lower than many businesses that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app, which would make it easier to look at your progression.
They do have a great support team, and you can reach them not only through emails but also by phone or sending an electronic ticket. Tax Relief Kit
If your problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services that they provide are offered in your area.
FAQ Tax Relief Kit
What is the time frame to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll tax issues and wage garnishments.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.