Has your debt been piling up 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 tried everything.
In the majority of cases, your best way is to approach experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their clients, they can help you control 80% of your debts so that you can finally take a couple of w
orries off your mind.
For some, these claims are just too good to be true.
You might be looking for something that will aid you in settling your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of how CuraDebt operates and what issues it can solve for you.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can check out 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’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Programs Irs
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is 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 it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. But they offer additional services to help you be more financially stable.
The process starts by requesting a no-cost online savings estimate. The service is completely confidential and they will not be doing a credit check. With this estimate of savings, you will be able to learn more about the other options in your journey to debt-free.
The savings estimate, which was mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to help 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 your debt settlement program is completed, CuraDebt will be the one to take care of all your creditors’ calls. They’ll also be the ones who negotiate what you will pay for your settlement depending on the condition of your financial situation. Based on what works most effectively your situation, the payment can either be a lump sum settlement or an installment plan.
Furthermore they will be working with creditors so that you can enjoy better rates when you make deposits to your savings account. This, in turn, will be processed to pay back the creditors. Their programs can assist you to pay off the debt in the period of 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is sign in to CuraDebts Client Portal so that you can monitor your development.
Before you can avail of the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes medical bills, personal loans, credit cards and also lines of credit. You can also approach them to settle any outstanding balance on business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority claims, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll 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 so that you can have cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you pay off debts with less than the sum you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt counsellor.
The most appealing aspect of the program is that you will only pay the fees when your debt is paid off. All you have to do is sign up with 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. Once they collect all of your financial documentation They will also gather all the documents you’ll require for tax returns.
By using this program, you’ll be able to deal with various tax issues such as wage garnishments and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs either. They only use flat-fee pricing that is based on the amount that you’ll have to pay.
They offer different options for settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their forte however, they do not offer all kinds of settlement. CuraDebt concentrates on debt that is not secured. They aren’t able to assist you if your loan or debt is linked to a physical item.
If you do have the following types of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any problems. Furthermore, this service is available to all 50 states in the event that you owe money to the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling your medical debt. In some cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. Still, they can help private students negotiate any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using 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 best part about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they don’t have high-cost costs either. On average, you’ll be required to pay up to 20% of the debt you settled through them.
On average, this type of business can cost anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you could save up to 30% by incorporating their costs into your calculations.
However, this statement will differ based on your specific situation. Some customers even claimed to save 50% to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Additionally they only charge a 20% fee while many companies charge 25%.
Then, if you’re done with the debt settlement program, you can enroll in their credit restoration program.
It’s a great method to improve your credit score without going back into debt. However, the program lasts different for every person, depending on your situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t increase over time. They’ll also be looking into any violations by creditors with the help of their own experts.
Drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with the credit card you use. Therefore, if you’re trying increase your rating on your credit, this may cause you to delay getting rid of your credit card debt.
CureDebt does not have a mobile app. Although they have a client website but it’s outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more for these types of services. Additionally the 20% service fee is less expensive than the majority of companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay the fee when the debt is settled.
While they’ll provide you with an account that allows you to track your progress, their website is not simple to navigate. CuraDebt does not have an app that will make it easier to track your progress.
But, they do have a competent support staff that you can contact them, not only via emails but also by phone or sending an electronic ticket. Tax Relief Programs Irs
If your debt is a big problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they provide are in your area.
FAQ Tax Relief Programs Irs
How long does it take to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt provides tax relief programs to aid you in dealing with problems such as delinquent payroll tax 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 reduce the amount of debt you have over time.