Are you experiencing debt that has been piling up lately? Are you exhausted from trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In most cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you control the majority of your debt , so you can finally take a couple of w
orries off your shoulders.
However, for certain people the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, 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 overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Relief Service Contract
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. However, they also offer other services that will assist you in becoming financially secure.
It all begins by requesting a free savings estimate online. The service is completely confidential and won’t conduct a credit inquiry. With this savings estimate you’ll learn more about your options towards debt-free.
The savings estimate, which was mentioned before, gives you an insight into 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 assist you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you on your path to debt-free living.
After your debt settlement plan, CuraDebt can be the company to answer all of your creditors’ calls. They will also be the ones that determine conditions of the payment depending on the condition of your financial situation. Based on what works most effectively your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with lenders to help you enjoy better rates when you transfer money into your savings account, which in turn, will process to pay creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve signed up with them, they’ll provide you with access to your data 24/7. All you need to do is log in to CuraDebts Client Portal to monitor your performance.
Before you can avail of their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle most types of debt. These include personal loans, medical bills credit cards as well as line of credit. They are also able to settle any outstanding balance of business debt, collections, or repossessions.
They may also assist in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority cases, loans from the government or collateral, as well as utility bills. The same goes for 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 will also help you identify creditor violations in order to get cash settlements, should it be possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. You can also ask questions during their free meeting with their debt counselor.
The best part about the program is that you only pay the fees when your debt is paid off. All you need to sign up for one of their plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial documentation, they will also collect all the documents you’ll require for tax returns.
By using this program, you will be able to deal with various tax issues such as wage garnishments and tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs also. They only use flat-fee pricing and is dependent on the amount you’ll must settle.
They offer different options when it comes to paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
While debt settlement is their forte however, they do not provide all kinds of settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if your debt or loan is tied to an actual item.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Additionally, this service is accessible to all 50 states if you owe money towards the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students in negotiating any loans they have to pay.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
Also, they do not charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of industry charges between 15 and 25%.
In addition, customers can expect to settle their debts within 2 to 4 years. This varies depending on the amount that you save per month.
Additionally, they claim that you can save as much as 30% when you factor in their costs into your calculations.
However, the claim may vary, depending on your situation. Some clients even mentioned saving 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt is only charged 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 in the process of debt resolution, you could join their credit repair program.
It’s an excellent method to improve your credit score without having to go in debt again. However, the program runs in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also be looking into any creditor violations with the assistance of their own experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with . If you’re trying to increase your rating on your credit, this might delay you from finishing your debt.
CureDebt does not have a mobile app available. While they do have a client website, it looks old and mundane. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not recognized by their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on those types of services. Moreover their 20% service charge is lower than many companies that offer an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay when the debt is settled.
Although they’ll give you an account so that you can track your progress, their website is not user-friendly. CuraDebt does not have an app that will make it easier to track your performance.
But, they do have a great support team, and you can reach them, not only via emails but also by phone or submitting an e-ticket. Tax Relief Service Contract
If your credit card is a major problem, then 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 Service Contract
How long will it take to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt has a tax relief program that will help you with problems such as delinquent payroll tax and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.