Has your debt been piling up lately? Are you tired of trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve been through every thing.
In most cases, the best option is to speak with experts who can assist you settle this issue.
CuraDebt is one of the most asked companies. Many customers have asked 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 that you can finally take a few things off of your plate.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of how CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion we’ll look at its advantages and drawbacks.
Before beginning the review, you can check out this video instead if you prefer watching it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief S;Ecialist
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a member 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 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 help you be more financially secure.
First of all, it starts by requesting a no-cost online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. With this savings estimate you’ll be able to be able to learn more about the options towards debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to sign up. Financial advisors may be able to assist you with your debt-free journey.
Following the debt settlement program, CuraDebt is the agency to handle all of your creditors’ calls. They’ll be the ones who will determine the terms of your repayment depending on the condition of your financial situation. Depending on which works most effectively to you, this can be a lump-sum settlement or a payment plan.
Moreover they will be working with the creditors to ensure that you get better rates when you make deposits to your savings account. This is then processed to pay the creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal to track your development.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are the different ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. These include medical bills, personal loans, credit cards and loans. They are also able to help settle any remaining amount on business debts and collections or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance with the majority of your lawsuits, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like those of 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. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you settle debt with less than the sum you have. You can also inquire about your debt during their no-cost meeting with their debt counsellor.
The greatest benefit of their plan is that you’ll only pay the fees once your debt is settled. All you need to do is sign up with any of the plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees either. They use only flat-fee pricing and is dependent on the amount that you’ll need to settle.
There are a variety of options for settling 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 kinds of debts can they assist you with?
Although debt settlement is their forte but they aren’t able to provide 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 an item that is physical.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without any issues. Moreover, this type of service is accessible across all 50 states, if you have a debt to the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any student loans that they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. Only pay when you settle each of your debts.
They also don’t have high-cost charges either. On average, you’ll have to pay between 20 and 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs depending on the amount that you can save up per month.
Additionally, they claim you can save as much as 30% when you factor in their charges into your calculation.
However, this statement will differ based on your specific situation. Some customers have even talked about saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding 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. In addition they only charge a 20% fee while most companies charge you 25%.
Then, if you’re done by the program for debt relief you could also sign up for their credit repair program.
It’s an excellent way to restore your credit score without going in debt again. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any creditor violations with the help of their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop paying with your credit card. Therefore, if you’re trying increase your rating on your credit, this might delay you from getting rid of your debt.
CureDebt does not have a mobile app available. Although they have a client website, it looks old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more on those types of services. In addition, their 20% service charge is lower than many businesses that charge an additional 25% charge. There are no upfront payments, and you will only be required to pay once the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app, which will make it easier to monitor your performance.
They do have a good support team that you can contact them not just via email but also via phone or sending an e-ticket. Tax Relief S;Ecialist
If the problem of debt is an problem right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services that they provide are offered in your state.
FAQ Tax Relief S;Ecialist
What is the time frame to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down the amount of debt you have over time.