Have your debts increased lately? Are you exhausted from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, your best option is to speak with experts who can assist to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can assist you or put you into more debt.
According to their clients, they can help you manage the majority of your debt so that you can finally take a couple of things off your shoulders.
However, for certain people, these claims are just too good to be true.
If you’re looking for something that will help you resolve your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way watching 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 review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief Richmond
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. They also provide additional services to help you be more financially stable.
It all begins by requesting a free savings estimate on the internet. The service is completely confidential, and they won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your alternatives towards debt-free.
This estimate of savings, which was mentioned before, gives you an idea of your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help you with credit arbitration if you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program, CuraDebt will be the agency to answer all of the calls from your creditors. They will also be the ones that will determine conditions of the repayment in accordance with the state of your financial situation. Depending on which works best your situation, the payment can be a lump-sum settlement or a payment plan.
Furthermore they will be working with lenders to help you have better rates as you deposit money to your savings account, which in turn, will be processed to pay back creditors. The plans they offer can help you settle the debt within the period of 48 months.
Once you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts Client Portal to monitor your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with medical bills, personal loans, credit cards as well as lines of credit. You can also approach them to pay off any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance with the majority cases, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like the 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, should it be possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you have. You can also have questions answered during a free consultation with their debt counsellor.
The best part about the program is that you 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 have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial records They will also gather all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to deal with various tax issues such as garnishments on wages and tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They use only flat-fee pricing, which depends on the amount you’ll need to settle.
There are a variety of options 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 abatement
- Currently non-collectible
What types of debt are they able to help with?
While debt settlement is their specialty, they don’t cater to all types of settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if your debt or loan is tied to an actual item.
If you do have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle tax debts that were due to be paid without difficulty. Furthermore, this service is offered across all 50 states, if you have a debt towards the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve your medical debt. In certain cases, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate any student loans that they are owed.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you got from a different financial institution or bank.
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 help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you settle each of your debts.
Also, they don’t charge high charges either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
On average, this type of industry can charge anywhere between 15 and 25 percent.
Additionally, customers can anticipate to pay off their debts in two to four years. However, this also varies according to the amount you are able to save each month.
Also, they claim that you can save as much as 30% by incorporating their costs into your calculations.
But this claim will also depend on your specific situation. Some clients even mentioned saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition they only charge an amount of 20%, while many companies charge 25 percent.
Then, if you’re done by the program for debt relief you could also sign up for their credit restoration program.
It’s a great way to restore your credit score without having to go back into debt. However, the program lasts in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also investigate any violations by creditors with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with . So if you’re trying to increase your rating on your credit, this could set you back while you’re working on your obligations.
CureDebt doesn’t even offer a mobile application. While they have a client website but it’s old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more on those types of services. Moreover the 20% service cost is less expensive than the majority of companies that offer a 25% fee. There are no upfront payments and you’ll only be required to pay once the debt is paid off.
Although they’ll give you an account to see your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to look at your progression.
However, they have a good support team that you can contact them, not only via emails but also via phone or making an electronic ticket. Tax Relief Richmond
If your credit card is a major problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they offer are available in your area.
FAQ Tax Relief Richmond
How long will it take to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs to assist you with issues like delinquent tax and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower your debt over time.