Have your debts increased lately? Are you burnt out from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their customers, they can help you control 80percent of your debt so that you are able to take couple of things off your plate.
However, for certain people the claims seem too good to be true.
If you’re looking for something that will help you resolve your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
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 review. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief On Professional Subscriptions
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most popular feature. But they offer additional services to aid you in becoming more financially secure.
It all starts by requesting a no-cost savings estimate online. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to be able to learn more about the options towards debt-free.
Savings estimates, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help you with the process of credit arbitration should you choose to join. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program, CuraDebt can be the one to take care of all your creditors’ calls. They will also be the ones that determine what you will pay for your payment in accordance with the state of your finances. Based on what works best for you, it could be either a lump sum settlement or an installment plan.
Additionally they will also be working with the lenders to help you enjoy better rates when you deposit money to your savings account. This in turn, will process to pay the creditors. Their plans can help you pay off the debt in two years.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you are able to avail the program, you’ll have to pass their requirements first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can aid 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 all kinds of debt. This includes medical bills, personal loans credit cards and line of credit. You can also approach them to help settle any remaining 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 will not receive assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations may result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you have. They also allow you to ask questions during their free meeting with their debt counsellor.
The most appealing aspect of their plan is that you only be charged after your debt has been settled. All you need to sign up for one of their plans and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial records, they will also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to deal with different types of taxes such as garnishments on wages and tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing, which depends on the amount that you’ll need to settle.
They have different solutions for the settlement of 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 kind of debt can they help you with?
While debt settlement is their specialty, they don’t provide all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They can’t assist you if your debt or loan is tied to an actual item.
However, if you have the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without any issues. Furthermore, this service is accessible to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt will also help you resolve your medical debt. In some cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students with negotiating any student loans that they owe.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
They also do not charge high costs either. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
In the average, this kind of industry charges between 15% and 25%.
In addition, customers can expect to pay off their debts in two to four years. However, this also varies depending on the amount that you can save up per month.
Also, they claim that you could save up to 30% when you factor in their fees in your equation.
However, the claim may depend on your specific situation. Some customers even claimed to save between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of what CuraDebt can provide, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done by the program for debt relief you could join their credit restoration program.
It’s an excellent way to restore your credit without going in debt again. However, the program lasts differently for each person according to your personal situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with your credit card. Therefore, if you’re trying build a better standing on credit scores, you may delay you from finishing your obligations.
CureDebt also doesn’t have a mobile app. Although they have a client website but it’s aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more for these types of services. In addition the 20% service fee is less expensive than the majority of firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only have to pay the fee when the debt is settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app that could make it easier for you to look at your progression.
However, they have a great support team that you can contact them not only through emails but also via phone or sending an e-ticket. Tax Relief On Professional Subscriptions
If debt is a big problem right now, 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 On Professional Subscriptions
How long will it take to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt provides tax relief programs that can help you with problems such as delinquent payroll taxes and garnishments of wages.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.