Have your debts been piling up 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 tried everything.
In the majority of cases, the most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is among the most asked companies. Many people are asking if they can assist you or help you get into more debt.
According to their customers, they can help you manage the majority of your debts so that you can finally take a couple of things off your mind.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can watch 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. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Tax Relief Victoria
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a 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, some states have restricted their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. But they offer other services that will assist you in becoming financially stable.
It all starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll discover more about alternatives towards debt-free.
The savings estimate, as mentioned before, gives you the opportunity to consider your choices regardless of whether or not you’re planning on 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. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt will be the one to take care of all the calls from your creditors. They will also be the ones who negotiate the terms of your repayment in accordance with the state of your finances. Depending on which works most effectively for you, it can either be a lump sum settlement or an installment plan.
Furthermore they will be working with the creditors to ensure that you enjoy better rates when you make deposits to your savings account, which in turn, will process to pay back creditors. Their plans can help you pay off the debt in two years.
After you’ve registered with them, they will allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts the client portal to monitor your progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills, credit cards as well as lines of credit. They are also able to help settle any remaining balance of business debt and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get 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 in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, if they are possible. Certain violations may lead to having your debts removed as well.
CuraDebt can also help you pay off debts with less than the sum you have. Additionally, you can have questions answered during a free consultation with their debt advisor.
The best part about their program is that you’ll only have to pay for the charges when your debt is paid off. All you have to sign up for one of their plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documents They will also gather all the necessary paperwork for tax returns.
By using this program, you’ll be able to deal with various tax issues such as garnishments on wages, tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you must settle.
They offer different options when it comes to the settlement of taxes. 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?
While debt settlement is their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t help you if the debt or loan is tied to an actual item.
However, if you have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without any issues. Moreover, this type of service is accessible across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve the medical bills. In some cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students with negotiating any loans they owe.
Personal and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
Also, they don’t have high-cost charges either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25%.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. This varies in relation to the amount you save per month.
Also, they claim you can save up to 30% when you factor in their costs into your calculations.
However, this statement will vary, depending on your specific situation. Some clients even mentioned saving between 50% and up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, let’s explore the benefits from using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. In addition, they only charge a 20% fee while the majority of companies charge 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 way to restore the credit rating without having to go into debt again. The program is however designed differently for each person according to your personal situation.
Finally, 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 of creditor using their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with your credit card. So if you’re trying to improve your credit score, it could delay you from working on your debt.
CureDebt does not offer a mobile application. While they have a website for clients but it’s old and mundane. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more on those types of services. Additionally, their 20% service charge is lower than many businesses that charge an additional 25% charge. There is no upfront payment, and you will only have to pay when the debt is paid off.
Although they’ll give you an account to see your progress, their website is not easy to navigate. CuraDebt isn’t even an app that could make it easier for you to track your performance.
But, they do have a competent support staff that you can contact them not only through emails but by phone or by submitting an electronic ticket. Tax Relief Victoria
If your debt is a big problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they provide are in your area.
FAQ Tax Relief Victoria
How long does it take to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt offers a program for tax relief that can assist you with issues like delinquent tax issues and wage garnishments.
What do I need to do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to lower the amount of debt you have over time.