Have your debts increased lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people are asking if they are able to help or put you in more debt.
According to their customers, they can help you manage 80percent of your debts so that you can take few things off of your mind.
For some, these claims are just too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper look at the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before starting the review, check out this video instead in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief On Mortgage Usa
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most popular feature. But they offer other services that will aid you in becoming more financially secure.
The process starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about your alternatives to be debt-free.
Savings estimates, which was mentioned earlier, provides you with an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to sign up. Some financial advisors can help you with your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the one to answer all of your creditors’ calls. They will be the ones who negotiate conditions of the repayment based on the status of your financial situation. Depending on which works most effectively to you, this could be a lump-sum settlement or an installment plan.
Moreover, they will be working with the creditors so that you can have better rates as you transfer money into your savings account. This in turn, will be processed to pay back creditors. Their programs can assist you to pay off the debt in 48 months.
Once you’ve signed up with them, they’ll allow you access to your data 24/7. All you need to do is log in to CuraDebts’ client portal so that you can monitor your performance.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are the different ways CuraDebt can help 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 to settle the majority of types of debt. They can help with personal loans, medical bills, credit cards and also loans. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They can even help negotiate on tax owed as well as IRS debt. However, you will not receive assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, if they are possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you own. They also allow you to have questions answered during a free consultation with their debt counsellor.
The best part about the program is that you will only be charged after your debt has been settled. All you need to do is sign up with one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. After they have gathered all your financial documents, they will also collect all the paperwork you’ll need to file tax returns.
By using this program, you’ll be able to solve various tax issues like garnishments on wages, tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs either. They use only flat-fee pricing and is dependent on the amount you need to settle.
They have different solutions for the settlement of 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 types of debt are they able to help with?
Although debt settlement is their specialty, they don’t cater to all types of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t assist you if your credit or loan is tied to a physical item.
If you do have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Additionally, this service is accessible to all 50 states if you owe money in arrears to IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In certain cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate any student loans that they have to pay.
Payday loans and personal loans also qualify as debt-settling programs. You can also avail if you have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card, CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay as much as 20% of the debt you settled through them.
On average, this type of industry charges between 15% and 25%.
In addition, customers can expect to settle their debt from 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
They also claim that you could save as much as 30% by incorporating their costs into your calculations.
But this claim will also differ based on your situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition they only charge an amount of 20%, while most companies charge you 25%.
Then, if you’re done with the debt settlement program you may enroll in their credit repair program.
It’s an excellent option to rebuild your credit without going in debt again. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any creditor violations with the assistance of their in-house experts.
The drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with your credit card. If you’re trying to improve your standing on credit scores, you may set you back while you’re getting rid of your debt.
CureDebt also doesn’t offer a mobile application. While they have a website that clients can access however, it appears outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on those types of services. Moreover, their 20% service fee is cheaper than most businesses that charge the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is paid off.
While they’ll provide you with an account to see your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app, which could make it easier for you to look at your performance.
But, they do have a competent support staff, and you can reach them not just via email but also by phone or submitting an electronic ticket. Tax Relief On Mortgage Usa
If the credit card is a major issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they provide are in your area.
FAQ Tax Relief On Mortgage Usa
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt has a tax relief program that can aid you in dealing with problems such as late payroll tax issues and garnishments of wages.
What do I need to do once I’m 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.