Has your debt been increasing lately? Are you burnt out from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can help you or help you get into more debt.
According to their customers, they can help you manage 80percent of your debts so that you are able to take couple of things off your plate.
For some, these claims are just too good to be true.
If you’re looking for anything that can help you resolve your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at how CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before starting the review, you can go to this video if you 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Roosevelt O’Mahoney Burke Wheeler
CuraDebt is a company that provides debt relief from 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 with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. They also provide additional services to assist you in becoming financially secure.
First of all, it begins with requesting a free savings estimate online. It is a completely private service, and they won’t be conducting a credit screening. By using this estimate of savings, you will discover more about alternatives to be debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration if you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the one to answer all of your creditors’ calls. They’ll also be the ones that determine conditions of the settlement in accordance with the state of your financial situation. In determining which option is the most effectively your situation, the payment can be either a lump sum settlement or a payment plan.
Moreover, they will be working with the creditors to ensure that you have better rates as you make deposits to your savings account, which in turn, will process to pay back the creditors. Their plans can help you settle the debt within 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to pass their requirements first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with personal loans, medical bills credit cards, and lines of credit. They are also able to pay off any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not 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 will assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations may lead to having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. You can also ask questions during their free consultation with their debt counselor.
The best part about their program is that you’ll only pay the fees when your debt is paid off. All you have to sign up for some of their programs and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial documents, they will also collect all the necessary paperwork to file tax returns.
Through 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 as well as back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you must settle.
There are a variety of options for settling the 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 kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialty, they don’t provide all kinds in debt resolution. CuraDebt concentrates on debt that is not secured. They can’t assist you if your credit or loan is tied to a physical item.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without any problems. Moreover, this type of service is available across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling your medical debt. In some instances, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate any student loans that they owe.
Personal loans and payday loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your outstanding debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll have to pay between 20 and 20% of the debt you settled with them.
In general, this type of industry can charge anywhere between 15% and 25 percentage.
Moreover, clients can expect to settle their debt from 2 to 4 years. This varies in relation to the amount you save per month.
Also, they claim that you can save up to 30% when you factor in their costs into your calculations.
However, the claim may vary, depending on your specific situation. Some customers have even talked about saving 50% to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution, you could enroll in 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.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any creditor violations with the help of their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using the credit card you use. So if you’re trying to build a better rating on your credit, this could cause you to delay working on your obligations.
CureDebt does not have a mobile app. While they have a website for clients, it looks aged and simple. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more on these kinds of services. Moreover their 20% service cost is less expensive than the majority of businesses that charge an additional 25% charge. There are no upfront payments, and you will only have to pay the fee when the debt is settled.
While they’ll provide you with an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app yet, which would make it easier to monitor your progress.
But, they do have a great support team and can be reached them not only through emails but by phone or by making an e-ticket. Tax Relief Roosevelt O’Mahoney Burke Wheeler
If your credit card is a major problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the programs they provide are in your state.
FAQ Tax Relief Roosevelt O’Mahoney Burke Wheeler
What is the time frame to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can aid you in dealing with problems like delinquent tax issues and garnishments of wages.
What do I need to do after joining the program?
You’ll be required to communicate with the team and make the necessary payments to pay down your debt over time.