Are you experiencing debt that has been piling up lately? Are you tired of trying various financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In most cases, the best option is to speak with experts who can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients they can help you manage the majority of your debt , so you are able to take few things off of your shoulders.
But for some people the claims seem too good to be true.
You might be looking for something that will help you resolve your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper review of the way CuraDebt is used and the problems it could help solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before you begin the review, go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, you may want to check out 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 Law Group
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. However, they also offer other services that will aid you in becoming more financially secure.
The process begins by requesting a free online savings estimate. This service is very confidential and they will not conduct a credit inquiry. With this savings estimate you’ll discover more about options to debt-free.
The savings estimate, as mentioned previously, offers you an idea of your options, regardless of whether you’re planning to continue 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 join. Some financial advisors can help you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt is the agency to take care of all the calls from your creditors. They’ll also be the ones who negotiate what you will pay for your payment in accordance with the state of your financial situation. Depending on which works best your situation, the payment can either be a lump sum settlement or an installment plan.
Moreover, they will be working with creditors to ensure that you get better rates when you make deposits to your savings account. This in turn, will process to pay the creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve registered with them, they’ll give you access to your information 24/7. All you need to do is login to CuraDebts the client portal to track your performance.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf for most types of debt. These include medical bills, personal loans credit cards, as well as lines of credit. They can also be approached to help settle any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get assistance with the majority cases, loans from the government, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. Additionally, you can have questions answered during a free consultation with their debt advisor.
The greatest benefit of their program is that you will only have to pay for the charges after your debt has been settled. All you have to sign up for any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial records, they will also collect all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to solve different types of taxes such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing that is based on the amount you must settle.
They offer different options for the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
While debt settlement is their forte, they don’t provide all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They can’t help you if the credit or loan is tied to a physical item.
If you do have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without any issues. Additionally, this service is offered to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling your medical debt. In some cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students in negotiating the student loans they are owed.
Personal loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from a different financial institution or bank.
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.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
Additionally, they don’t charge high charges either. On average, you’ll be required to pay as much as 20 percent of the debt you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25%.
In addition, customers can expect to pay off their debts in 2 to 4 years. However, this also varies according to the amount you are able to save each month.
They also claim you can save as much as 30% when you factor in their charges into your calculation.
However, the claim may depend on your specific situation. Some customers even claimed to save 50% to 80%.
Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Additionally they charge only a 20% fee while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution, you could also sign up for their credit repair program.
It’s a great method to improve your credit without having to go into debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also look into any violations by creditors with the help of their experts in-house.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using your credit card. So if you’re trying to build a better rating on your credit, this could delay you from working on your debt.
CureDebt does not have a mobile app. Although they have a website for clients, it looks outdated and basic. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not recognized by their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more for these types of services. In addition their 20% service cost is lower than many companies that offer an additional 25% charge. There is no upfront payment, and you will only be required to pay once your debt is finally settled.
While they’ll provide you with an account to see your progress, their website is not simple to navigate. CuraDebt does not have an app, which could make it easier for you to monitor your performance. Tax Relief Law Group
But, they do have a good support team and can be reached them not only through emails but by phone or by sending an electronic ticket. Tax Relief Law Group
If your credit card is a major issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Tax Relief Law Group
How long will it take to complete the program?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt provides tax relief programs that will assist you with issues such as late payroll tax and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down the amount of debt you have over time.