Are you experiencing debt that has increased lately? Are you tired of trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they are able to help or help you get into more debt.
According to their clients, they can help you control 80percent of your debt so that you can take couple of worries off your plate.
However, for certain people the claims seem too good to be true.
You might be looking for anything that can assist you in paying off your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, watch this video instead for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Network
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. However, they also offer additional services to assist you in becoming financially stable.
The process begins with requesting a free savings estimate on the internet. This service is very confidential, and they won’t be doing a credit check. With this savings estimate you’ll discover more about alternatives towards debt-free.
This estimate of savings, as mentioned before, gives you an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program, CuraDebt will be the agency to answer all of the calls from your creditors. They’ll also be the ones who negotiate conditions of the settlement based on the status of your financial situation. Based on what works most effectively for you, it can be either a lump sum settlement or a payment plan.
Moreover, they will be working with lenders to help you enjoy better rates when you make deposits to your savings account, which in turn, will process to pay creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they will give you access to your account information 24 hours a day. All you have to do is login to CuraDebts Client Portal to monitor your progress.
Before you can benefit from their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. These include personal loans, medical bills, credit cards and loans. They are also able to pay off any remaining balance on business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive assistance with the majority claims, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if possible. Some violations can also cause your debt to be removed as well.
CuraDebt lets you settle debt with less than the amount you have. They also allow you to ask questions during their free consultation with their debt counselor.
The best part about their plan is that you will only be charged once your debt is settled. All you need to do is sign up with 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 and tax documents, they’ll also collect all the necessary paperwork for tax returns.
By using this program, you’ll be able to deal with the various types of tax problems like garnishments on wages as well as tax penalties for personal and corporate taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices that is based on the amount that you’ll must settle.
There are a variety of options when it comes to settling the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their specialty, they don’t cater to all types of settlement. CuraDebt is only focused on unsecured debt. They aren’t able to assist you if your loan or debt is linked to an actual item.
If you do have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to settle taxes that are due without difficulty. Additionally, this service is offered to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some cases you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students negotiate any loans they have to pay.
Personal loans and payday loans also qualify as debt-settling programs. You may also be eligible if you have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards, CuraDebt will help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
Additionally, they do not charge high charges either. On average, you’ll be required to pay up to 20% of the debt you settled through them.
In the average, this kind of industry charges between 15% and 25 percentage.
Moreover, clients can expect to settle their debts within two to four years. This varies in relation to the amount you save per month.
Also, they claim that you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on your situation. Some customers have even talked about saving 50% to 80percent.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas the majority of companies charge 25%.
Then, if you’re done in the process of debt resolution you can join their credit repair program.
It’s a fantastic way to restore your credit score without going into debt again. However, the program lasts differently for each person according to your personal situation.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, your debt won’t inflate over time. They’ll also look into any violations by creditors with the help of their experts in-house.
Drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop paying with your credit card. Therefore, if you’re trying increase your rating on your credit, this might cause you to delay finishing your debt.
CureDebt doesn’t even have a mobile app available. While they have a website that clients can access but it’s aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on these kinds of services. Additionally their 20% service cost is cheaper than most businesses that charge a 25% fee. There are no upfront payments and you’ll only be required to pay once your debt is finally settled.
Although they’ll give you an account that allows you to track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app, which will make it easier to track your performance. Tax Relief Network
But, they do have a good support team and can be reached them not only through emails but also via phone or sending an e-ticket. Tax Relief Network
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services they provide are in your state.
FAQ Tax Relief Network
How long will it take to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt has a tax relief program that can aid you in dealing with problems such as delinquent payroll taxes and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to lower your debt over time.