Have your debts been piling up lately? Are you tired of trying different financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best option is to speak with experts who can help to resolve this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they can assist you or put you into more debt.
According to their customers, they can help you manage 80percent of your debt , so you can finally take a couple of things off your mind.
But for some people, these claims are just too good to be true.
You might be looking for anything that can help you resolve your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, you can watch this video instead in case you would prefer to watch 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. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Of America
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active member 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, some 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. They also provide other services that will help you be more financially stable.
The process begins with requesting a free online savings estimate. The service is completely confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll be able to learn more about the options to debt-free.
Savings estimates, 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 as well as a support team to assist you with credit arbitration in the event that you decide to sign up. Some financial advisors can help you with your debt-free journey.
Following the debt settlement program, CuraDebt can be the agency to handle all of the calls from your creditors. They will also be the ones that determine conditions of the repayment depending on the condition of your finances. In determining which option is the best to you, this could be a lump-sum settlement or an installment plan.
Furthermore they will also work with creditors to ensure that you enjoy better rates when you transfer money into your savings account. This, is then processed to pay creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal to monitor your performance.
Before you are able to avail 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:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for most types of debt. These include medical bills, personal loans credit cards as well as loans. They are also able to pay off any remaining balance of business debt and collections or repossessions.
They can even help negotiate with back taxes and IRS debt. However, you won’t get support for most cases, loans from the government or collateral, as well as utility bills. They also don’t cover most 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 also help you find debtors who are in violation so that you can have cash settlements, if they are possible. Certain violations may result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. They also allow you to inquire about your debt during their no-cost meeting with their debt counselor.
The best part about their plan is that you’ll only pay the fees once your debt is settled. All you need to sign up for any of the plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
With this program, you’ll be able to deal with various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They use only flat-fee pricing that is based on the amount that you’ll have to pay.
There are a variety of options in settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
Although debt settlement is their forte but they aren’t able to provide all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They aren’t able to assist you if your loan or debt is linked to a physical item.
However, if you have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay taxes that are due without any problems. Furthermore, this service is accessible to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt will also help you resolve your medical debt. In some instances you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students negotiate the student loans they owe.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you got from another financial institution or bank.
Credit Card Debt
If you are in debt through 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 is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost charges either. On average, you’ll have to pay as much as 20% of the debt you settled through them.
In the average, this kind of industry charges from 15% to 25 percentage.
Moreover, clients can expect to settle their debts within 2 to 4 years. This varies in relation to the amount you are able to save each month.
They also claim that you can save up to 30% when you factor in their costs into your calculations.
However, the claim may differ based on the situation. Some customers even claimed to save 50 to up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Furthermore they only charge a 20% fee while the majority of companies charge 25 percent.
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 the credit rating without having to go into debt again. The program is however designed different for every person, depending on your situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. This means your debt won’t inflate over time. They’ll also investigate any violations of creditor using their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with . If you’re trying to increase your standing on credit scores, you might cause you to delay finishing your debt.
CureDebt doesn’t even have a mobile app. While they do have a website for clients, it looks outdated and basic. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more on those types of services. Moreover their 20% service cost is lower than many businesses that charge 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 to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app, which could make it easier for you to look at your progress. Tax Relief Of America
They do have a competent support staff and can be reached them not just via email but also via phone or making an electronic ticket. Tax Relief Of America
If your debt is a big problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs that they provide are offered in your state.
FAQ Tax Relief Of America
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs to assist you with issues such as delinquent payroll taxes and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down the amount of debt you have over time.