Has your debt increased lately? Are you tired of trying other financial advice and tips but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they can help you or put you into more debt.
According to their clients they can help you manage 80% of your debts so that you can take few things off of your plate.
But for some people the claims seem too good to be true.
If you’re looking for something that will 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 solve for you.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, check out this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, 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 our article for a more comprehensive review.
About the Company Tax Relief Kra
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. But they offer other services that can aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. This service is very confidential, and they won’t be conducting a credit screening. By using this estimate of savings you’ll learn more about your alternatives to be debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with credit arbitration in the event that you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the agency to take care of all your creditor’s calls. They will also be the ones who negotiate the terms of your settlement based on the status of your financial situation. Based on what works best your situation, the payment can be either a lump sum settlement or a payment plan.
Additionally they will be working with the creditors to ensure that you have better rates as you transfer money into your savings account. This, in turn, will process to pay creditors. The plans they offer can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they will allow you access to your data 24/7. All you have to do is log in to CuraDebts Client Portal to monitor your progress.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans, credit cards and also lines of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive assistance with the majority of your lawsuits, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation in order to get cash settlements, should it be possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. Additionally, you can ask questions during their free consultation with their debt counselor.
The best part about their plan is that you will only have to pay for the charges once your debt is settled. All you have to do is sign up with some of their programs and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need to file tax returns.
With this program, you’ll be able to resolve the various types of tax problems like wage garnishments and tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing and is dependent on the amount that you’ll have to pay.
They have different solutions in the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt are they able to help with?
Although debt settlement is their specialization however, they do not provide all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if the loan or debt is linked to a physical item.
However, if you have the following types of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without difficulty. Moreover, this type of service is offered to all 50 states in the event that you have a debt to the IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any loans they have to pay.
Personal and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
Additionally, they don’t charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
In the average, this kind of industry charges between 15 and 25 percentage.
In addition, customers can expect to pay off their debts in 2 to 4 years. However, this also varies in relation to the amount you save per month.
Also, they claim that you could save as much as 30% if you include their costs into your calculations.
But this claim will also vary, depending on your situation. Some customers even claimed to save 50% to 80percent.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
Then, if you’re done in the process of debt resolution, you can join their credit restoration program.
It’s a fantastic way to restore your credit without going back into debt. However, the program runs in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into any creditor violations with the help of their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with . So if you’re trying to improve your credit score, it could delay you from getting rid of your obligations.
CureDebt does not offer a mobile application. Although they have a client website but it’s outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. In addition their 20% service cost is less expensive than the majority of companies that offer the 25% cost. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app yet, which would make it easier to monitor your progression.
They do have a competent support staff that you can contact them, not only via emails but by phone or by submitting an e-ticket. Tax Relief Kra
If debt is a big issue right now, we recommend CuraDebt’s service. Make sure you’re qualified and that the services they offer are available in your state.
FAQ Tax Relief Kra
What is the time frame to complete the program?
The program typically takes 24 to 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 aid you in dealing with problems such as late payroll taxes and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.