Has your debt increased lately? Are you burnt out from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because been through everything.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they can assist you or put you in more debt.
According to their clients they can assist you in managing 80% of your debt so that you are able to take couple of things off your plate.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll take a deeper look at how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, you can go to this video 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. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief Qcr
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. They also provide other services that will aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and they will not be conducting a credit screening. With this estimate of savings you’ll be able to learn more about the options towards debt-free.
The savings estimate, as mentioned previously, offers you an insight into your choices regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt is the agency to take care of all your creditor’s calls. They will also be the ones that determine the terms of your repayment depending on the condition of your finances. In determining which option is the most effectively to you, this can be either a lump sum settlement or the option of a payment plan.
Furthermore they will work with creditors so that you can enjoy better rates when you transfer money into your savings account, which in turn, will process to pay back the creditors. Their plans can help you settle the debt within two years.
Once you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is sign in to CuraDebts’ client portal so that you can monitor your development.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards, and also line of credit. They can also be approached to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like 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 in order to get cash settlements, should it be possible. Certain violations could result in having your debts also dismissed.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The greatest benefit of their plan is that you will only have to pay for the charges after your debt has been settled. All you have to do is sign up with some of their programs and you’ll be able resolve all of 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 gather all the documents you’ll require for tax returns.
By using this program, you will be able to deal with the various types of tax problems such as garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount you’ll need to settle.
They have different solutions when it comes to paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their specialty but they aren’t able to provide all kinds of settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to help you if the debt or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without any problems. Furthermore, this service is available to all 50 states if you owe money to the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In certain cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. 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 have obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
They also do not charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere from 15% to 25 percent.
Moreover, clients can expect to settle their debts within 2 to 4 years. But, it also differs according to the amount you save per month.
Additionally, they claim that you can save up to 30% by incorporating their costs into your calculations.
However, this statement will differ based on your specific situation. Some clients even mentioned saving 50 to up to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Additionally they only charge 20% of the cost, whereas many companies charge 25 percent.
Next, if you’re done with the debt settlement program you may join their credit restoration program.
It’s a fantastic method to improve your credit 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 assist with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also be looking into any creditor violations with the assistance of their own experts.
The drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using . So if you’re trying to build a better credit score, it might cause you to delay getting rid of your obligations.
CureDebt also doesn’t have a mobile app. Although they have a client website, it looks old and mundane. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not credited with the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Additionally the 20% service fee is lower than many companies that offer the 25% cost. There is no upfront payment and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to track your progress.
However, they have a competent support staff and can be reached them not only through emails but by phone or by making an electronic ticket. Tax Relief Qcr
If the debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Tax Relief Qcr
How long will it take to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt provides tax relief programs that can assist you with issues such as late payroll taxes and wage garnishments.
What should I do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower the amount of debt you have over time.