Has your debt been increasing lately? Are you burnt out from trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of people are asking if they can assist you or put you in more debt.
According to their customers, they can assist you in managing 80percent of your debt , so you are able to take few things off of your shoulders.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of how CuraDebt is used and the problems it can solve for you.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before starting 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 watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Questions
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a 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 the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is the most popular feature. But they offer other services that can help you be 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 conduct a credit inquiry. By using this estimate of savings you’ll be able to discover more about options to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Some financial advisors can help you with your debt-free journey.
After your debt settlement plan, CuraDebt is the one to handle all of your creditors’ calls. They will also be the ones who negotiate the terms of your repayment in accordance with the state of your finances. In determining which option is the most effectively to you, this could either be a lump sum settlement or an installment plan.
Additionally, they will be working with the lenders to help you get better rates when you deposit money to your savings account. This, in turn, will process to pay back creditors. The plans they offer can help you settle the debt within 48 months.
After you’ve registered with them, they will allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal to track your performance.
Before you are able to avail their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, 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?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans, credit cards and lines of credit. They are also able to help settle any remaining amount on business debts collection, repossessions, or collections.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get support for most of your lawsuits, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of 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 also help you find creditor violations in order to get cash settlements, if they are possible. Certain violations may cause your debt to be also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. You can also inquire about your debt during their no-cost consultation with their debt advisor.
The best part about their program is that you’ll only be charged after your debt has been settled. All you need to do is sign up with any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents They will also gather all the paperwork you’ll need for tax returns.
By using this program, you should be able to solve different types of taxes such as wage garnishments, tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices that is based on the amount that you’ll need to settle.
They have different solutions in the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt are they able to help with?
Although debt settlement is their forte but they aren’t able to cater to all types in debt resolution. CuraDebt concentrates on debt that is 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 one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any problems. Furthermore, this service is accessible across all 50 states, if you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt will also help you resolve your medical debt. In certain cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students with negotiating any student loans that they are owed.
Personal and payday loans also qualify 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 financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they don’t have high-cost costs either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percentage.
In addition, customers can expect to settle their debts within two to four years. However, this also varies according to the amount you save per month.
They also claim you can save as much as 30% by incorporating their charges into your calculation.
However, the claim may differ based on the situation. Some customers have even talked about saving between 50% and 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition they only charge 20% of the cost, whereas most companies charge you 25%.
If you’re finished by the program for debt relief, you may also sign up for their credit repair program.
It’s a great way to restore your credit without going back into debt. The program is however designed different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also investigate any violations by creditors using their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with . Therefore, if you’re trying improve your credit score, it could cause you to delay working on your debt.
CureDebt doesn’t even have a mobile app. While they do have a client website but it’s aged and simple. It’s not very 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 good program that lets you resolve your debt without having to spend more on those types of services. Additionally their 20% service fee is lower than many firms that charge a 25% fee. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt does not have an app, which would make it easier to track your progress.
However, they have a great support team, and you can reach them not only through emails but also by phone or submitting an electronic ticket. Tax Relief Questions
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they provide are in your state.
FAQ Tax Relief Questions
How long will it take to complete the program?
The program typically takes 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt has a tax relief program 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 have to keep in constant contact with the team and pay the required payments to pay down your debt over time.