Are you experiencing debt that has increased lately? Are you burnt out from trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because been through everything.
In most cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their customers, they can help you control 80percent of your debts so that you are able to take few things off of your shoulders.
However, for certain people, these claims are just too good to be true.
If you’re looking for anything that can assist you in paying off your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll take a deeper study of the way CuraDebt is used and the problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before you begin the review, watch this video instead if you 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Per Child
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most known feature. But they offer other services that will help you be more financially secure.
It all begins with requesting a free savings estimate on the internet. The service is completely confidential and won’t conduct a credit inquiry. With this savings estimate, you will learn more about your other options in your journey to be debt-free.
The savings estimate, as mentioned previously, offers you the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt is the one to take care of all your creditor’s calls. They’ll also be the ones who will negotiate conditions of the repayment based on the status of your finances. Based on what works best for you, it could either be a lump sum settlement or the option of a payment plan.
Additionally they will work with creditors so that you can get better rates when you make deposits to your savings account. This, in turn, will process to pay off the creditors. The plans they offer can help you settle the debt within the period of 48 months.
After you’ve registered with them, they’ll allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal to track your development.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes medical bills, personal loans, credit cards as well as lines of credit. They are also able to settle any outstanding amount on business debts and collections or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. But, you won’t receive support for most claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, if possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to settle debt with less than the sum you have. They also allow you to ask questions during their free consultation with their debt counsellor.
The best part about their plan is that you only pay the fees when your debt is paid off. All you have 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 your tax debt. Once they collect all of your financial records They will also gather all the documents you’ll require for tax returns.
By using this program, you’ll be able to deal with the various types of tax problems such as garnishments on wages, tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing, which depends on the amount you must settle.
They offer different options in the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their specialization but they aren’t able to offer all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if the loan or debt is linked to a physical item.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without difficulty. Moreover, this type of service is available to all 50 states in the event that you owe money towards the IRS. They have federal tax experts to assist you with the issues.
CuraDebt will also help you resolve any medical-related debt. In some instances, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students negotiate any student loans that they have to pay.
Payday loans and personal loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. 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 do not charge high charges either. In the average, you’ll need to pay as much as 20% of the debt you settled with them.
In general, this type of industry charges between 15% and 25 percentage.
Moreover, clients can expect to settle their debt from between 2 and 4 years. But, it also differs according to the amount you can save up per month.
Also, they claim that you could save as much as 30% by incorporating their charges into your calculation.
However, this statement will differ based on the situation. Some customers have even talked about saving 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge a 20% fee while the majority of companies charge 25%.
Then, if you’re done with the debt settlement program, you can enroll in their credit restoration program.
It’s a fantastic option to rebuild your credit without having to go into debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the help of their experts in-house.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using your credit card. If you’re trying to increase your standing on credit scores, you might delay you from getting rid of your obligations.
CureDebt does not offer a mobile application. Although they have a website for clients however, it appears outdated and basic. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more on these kinds of services. Additionally, their 20% service cost is lower than many companies that offer an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when the debt is paid off.
While they’ll provide you with an account to see your progress, their website is not simple to navigate. CuraDebt isn’t even an app yet, which will make it easier to track your progress.
They do have a good support team and can be reached them, not only via emails but by phone or by sending an electronic ticket. Tax Relief Per Child
If credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs that they provide are offered in your area.
FAQ Tax Relief Per Child
What is the time frame to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt offers a program for tax relief to assist you with issues such as delinquent payroll tax and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to pay down your debt over time.