Have your debts been increasing lately? Are you tired of trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, the best option is to speak with experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they can assist you or put you into more debt.
According to their clients they can assist you in managing 80% of your debts so that you can finally take a couple of things off your shoulders.
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. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it can help you solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, watch this video instead for a more relaxing way watching it.
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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Mutual Fund
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a member of 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, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best known feature. But they offer other services that can help you be more financially stable.
It all begins by requesting a free savings estimate on the internet. The service is completely confidential, and they won’t conduct a credit inquiry. With this savings estimate, you will be able to learn more about the alternatives to debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program, CuraDebt can be the company to answer all of the calls from your creditors. They will also be the ones that will determine the terms of your settlement in accordance with the state of your finances. Based on what works best your situation, the payment can be a lump-sum settlement or a payment plan.
Additionally they will also be working with the creditors so that you can enjoy better rates when you make deposits to your savings account. This in turn, will process to pay off the creditors. Their plans can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they will allow you access to your data 24/7. All you need to do is login to CuraDebts’ client portal so that you can monitor your development.
Before you can avail of the program, you’ll have to pass their requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with medical bills, personal loans credit cards, and also loans. You can also approach them to settle any outstanding balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance with the majority cases, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as those of 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. Some violations can also lead to having your debts also dismissed.
CuraDebt lets you settle debt with less than the sum you have. They also allow you to have questions answered during a free consultation with their debt counselor.
The greatest benefit of their program is that you will only pay the fees when your debt is paid off. All you need to sign up to some of their programs and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation They will also gather all the paperwork you’ll need to file tax returns.
With this program, you’ll be able to deal with the various types of tax problems like wage garnishments and tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices and is dependent on the amount you must settle.
They have different solutions in settling 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 are they able to help with?
Although debt settlement is their forte but they aren’t able to offer all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They can’t help you if your credit or loan is tied to a physical item.
However, if you have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off taxes that are due without any problems. Additionally, this service is accessible to all 50 states if you have a debt to the IRS. There are federal tax experts to assist you with 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 are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students with negotiating any student loans that they are owed.
Personal and payday loans also qualify to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they don’t have high-cost costs either. On average, you’ll be required to pay as much as 20% of the debt you settled with them.
In the average, this kind of industry charges between 15% and 25%.
Moreover, clients can expect to pay off their debts in two to four years. But, it also differs in relation to the amount you can save up per month.
They also claim that you could save up to 30% when you factor in their fees in your equation.
But this claim will also vary, depending on the situation. Some customers even claimed to save between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt can offer you let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they charge only an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done with the debt settlement program you may also sign up for their credit restoration program.
It’s a great way to restore your credit without going into debt again. The program is however designed in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the assistance of their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with the credit card you use. If you’re trying to build a better standing on credit scores, you could set you back while you’re finishing your credit card debt.
CureDebt does not offer a mobile application. While they have a client website, it looks old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more for these types of services. In addition their 20% service fee is cheaper than most firms that charge the 25% cost. There are no upfront payments, and you will only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which will make it easier to look at your progress.
But, they do have a good support team, and you can reach them, not only via emails but also by phone or submitting an e-ticket. Tax Relief Mutual Fund
If your credit card is a major problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they offer are available in your state.
FAQ Tax Relief Mutual Fund
What is the time frame to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid 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 wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.