Have your debts been piling up lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve 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 are asking if they can assist you or put you into more debt.
According to their clients, they can help you manage 80% of your debt so that you can take couple of w
orries off your plate.
For some they believe these claims are too good to be true.
If you’re looking for any solution that could help you resolve your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, you can watch this video instead for a more relaxing way for it to be watched.
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 Shauna
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is 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 it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. They also provide other services that will assist you in becoming financially secure.
First of all, it begins with requesting a free savings estimate online. This service is very confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll learn more about your alternatives towards debt-free.
Savings estimates, as mentioned before, gives you an insight into your choices regardless of whether or not you’re planning on 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 enroll. Some financial advisors can help you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt can be the agency to take care of all your creditor’s calls. They’ll also be the ones who will determine conditions of the repayment based on the status of your finances. Depending on which works most effectively for you, it can be either a lump sum settlement or the option of a payment plan.
Additionally they will be working with the creditors so that you can enjoy better rates when you deposit money to your savings account. This, is then processed to pay back creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you need to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can aid you.
The name of the company suggests that 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 personal loans, medical bills, credit cards and lines of credit. They can also be approached to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation in order to get cash settlements, if they are possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you repay debt for less than the sum you have. You can also have questions answered during a free consult with their debt advisor.
The best part about their plan is that you only pay the fees once your debt is settled. All you need to do is sign up with some of their programs, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you will be able to deal with different types of taxes like garnishments on wages as well as tax penalties for personal and business taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They only use flat-fee pricing and is dependent on the amount you’ll must settle.
There are a variety of options in settling the 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 kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty, they don’t provide all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They won’t be able to assist you if your debt or loan is tied to an actual item.
However, if you have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Furthermore, this service is offered across all 50 states, if you owe money in arrears to IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also assist in settling the medical bills. In certain cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students with negotiating any loans they owe.
Payday loans and personal loans also qualify as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines that you got from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. Only pay when you’ve paid each of your debts.
They also don’t charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs depending on the amount that you are able to save each month.
They also claim you can save as much as 30% by incorporating their fees in your equation.
However, this statement will differ based on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. Furthermore they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done in the process of debt resolution you may also sign up for their credit restoration program.
It’s a fantastic way to restore your credit without having to go in debt again. However, the program lasts different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any violations by creditors with the assistance of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop paying with . Therefore, if you’re trying increase your standing on credit scores, you may delay you from getting rid of your obligations.
CureDebt doesn’t even have a mobile app. While they have a client website but it’s outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on these kinds of services. Additionally the 20% service cost is lower than many companies that offer a 25% fee. There is no upfront payment and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll give you an account so that you can track your progress, their website is not user-friendly. CuraDebt also doesn’t have an app that will make it easier to monitor your progression.
But, they do have a great support team and can be reached them not just via email but also by phone or sending an electronic ticket. Tax Relief Shauna
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they provide are in your area.
FAQ Tax Relief Shauna
How long does it take to finish the program?
The average program is between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt has a tax relief program that can help you with problems such as delinquent payroll taxes and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.