Have your debts increased lately? Are you burnt out from trying various financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can assist you or put you in more debt.
According to their clients they can assist you in managing the majority of your debts so that you can take couple of worries off your plate.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, go to this video if you prefer 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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Lawyers Near Me
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. They also provide additional services to aid you in becoming more financially secure.
First of all, it begins with requesting a free savings estimate online. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings you’ll discover more about alternatives to be debt-free.
Savings estimates, as mentioned before, gives you an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt can be the one to handle all of your creditors’ calls. They’ll also be the ones that will determine the terms of your settlement based on the status of your financial situation. In determining which option is the best for you, it can be a lump-sum settlement or an installment plan.
Furthermore, they will be working with the creditors so that you can get better rates when you make deposits to your savings account. This, is then processed to pay back creditors. Their programs can assist you to pay off the debt in 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid 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 all kinds of debt. These include personal loans, medical bills, credit cards and lines of credit. They can also be approached to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance for the majority cases, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations so that you can have cash settlements, if possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you have. They also allow you to inquire about your debt during their no-cost consultation with their debt counsellor.
The most appealing aspect of the program is that you’ll only be charged after your debt has been settled. All you need to sign up for any of the plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial records They will also gather all the necessary paperwork for tax returns.
Through this program, you’ll be able to resolve various tax issues like wage garnishments and tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing, which depends on the amount that you’ll must settle.
They offer different options in paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they help you with?
Although debt settlement is their specialty, they don’t provide all kinds of debt settlement. CuraDebt concentrates on loans that are not secured. They can’t help you if the credit or loan is tied to a physical item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without difficulty. Moreover, this type of service is offered across all 50 states, if you owe money towards the IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling any medical-related 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 the federal government’s student loan. However, they can assist private students negotiate any student loans that they have to pay.
Personal and payday loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you settle each of your outstanding debts.
They also do not charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percentage.
Moreover, clients can expect to settle their debt from 2 to 4 years. However, this also varies according to the amount you are able to save each month.
Additionally, they claim that you can save up to 30% if you include their costs into your calculations.
However, the claim may depend on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. In addition, they only charge a 20% fee while many companies charge 25%.
Then, if you’re done by the program for debt relief, you may join their credit repair program.
It’s an excellent method to improve your credit score without going in debt again. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any creditor violations with the help of their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using your credit card. So if you’re trying to improve your credit score, it could set you back while you’re getting rid of your obligations.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access but it’s old and mundane. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. Additionally the 20% service charge is cheaper than most firms that charge a 25% fee. There are no upfront payments, and you will only be required to pay once the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress, their website is not user-friendly. CuraDebt does not have an app, which will make it easier to track your performance. Tax Relief Lawyers Near Me
However, they have a competent support staff and can be reached them not just via email but also via phone or submitting an electronic ticket. Tax Relief Lawyers Near Me
If problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services that they provide are offered in your state.
FAQ Tax Relief Lawyers Near Me
What is the time frame to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that can assist you with issues such as delinquent payroll tax and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down your debt over time.