Has your debt been increasing lately? Are you burnt out from trying various 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 best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they can assist you or help you get into more debt.
According to their clients they can help you control 80percent of your debt , so you are able to take few things off of your mind.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll take a deeper look at how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, you can go to this video 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 review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Tax Relief Uniform
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. However, they also offer additional services to aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. This service is very confidential and won’t be doing a credit check. With this savings estimate you’ll discover more about alternatives to be debt-free.
Savings estimates, which was mentioned previously, offers you an insight into your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration if you decide to sign up. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement plan, CuraDebt is the one to answer all of the calls from your creditors. They’ll be the ones who will determine conditions of the repayment in accordance with the state of your finances. In determining which option is the best for you, it can be a lump-sum settlement or the option of a payment plan.
Additionally they will also work with lenders to help you have better rates as you make deposits to your savings account. This, in turn, will process to pay creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they will give you access to your data 24/7. All you have to do is sign in to CuraDebts Client Portal to monitor your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills credit cards as well as loans. You can also approach them to settle any outstanding amount on business debts and collections or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not 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 can 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 the violations of creditors 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 settle debt with less than the sum you have. You can also have questions answered during a free consultation with their debt counselor.
The greatest benefit of their program is that you only be charged after your debt has been settled. All you have to sign up for one of their plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial documentation, they will also collect all the documents you’ll require to file tax returns.
Through this program, you will be able to solve different types of taxes like wage garnishments, tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices that is based on the amount that you’ll have to pay.
They offer different options when it comes to paying off taxes. Here are 6 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 forte but they aren’t able to offer all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if the credit or loan is tied to a physical item.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any issues. Moreover, this type of service is available to all 50 states in the event that you owe money to the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In certain cases you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating any loans they are owed.
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
If you are in debt through store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What will it cost you?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you settle each of your outstanding debts.
Also, they do not charge high charges either. On average, you’ll be required to pay between 20 and 20% of the debt you settled with them.
On average, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debt from between 2 and 4 years. But, it also differs in relation to the amount you save per month.
Also, they claim that you could save up to 30% if you include their charges into your calculation.
However, this statement will depend on the situation. Some customers even claimed to save between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while the majority of companies charge 25%.
Then, if you’re done in the process of debt resolution, you could enroll in their credit repair program.
It’s a fantastic option to rebuild your credit without going in debt again. The program is however designed in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also investigate any violations of creditor using their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with the credit card you use. If you’re trying to increase your credit score, it might cause you to delay getting rid of your credit card debt.
CureDebt also doesn’t offer a mobile application. While they have a website for clients but it’s aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Additionally, their 20% service cost is lower than many companies that offer a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app that would make it easier to track your progression.
But, they do have a great support team, and you can reach them, not only via emails but also by phone or making an e-ticket. Tax Relief Uniform
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Tax Relief Uniform
What is the time frame to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and pay the required payments to lower the amount of debt you have over time.