Has your debt increased lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you manage 80% of your debt so that you can finally take a few things off of your mind.
But for some people, these claims are just too good to be true.
You might be looking for something that will aid you in settling your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at the way CuraDebt works and what problems it could help solve.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before you begin the review, you can check out this video instead in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Topten Tax Relief Companies
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. But they offer other services that can aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate online. This service is very confidential, and they won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about the other options in your journey to be debt-free.
The savings estimate, which was mentioned earlier, provides you with 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 assist you in navigating credit arbitration if you decide to enroll. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement plan, CuraDebt will be the company to take care of all the calls from your creditors. They will be the ones who negotiate the terms of your repayment based on the status of your financial situation. Depending on which works most effectively your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Additionally they will also be working with lenders to help you get better rates when you make deposits to your savings account. This, in turn, will be processed to pay back the creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal to track your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills credit cards, and also lines of credit. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you won’t get assistance with the majority claims, government loans, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if they are possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. They also allow you to have questions answered during a free consult with their debt advisor.
The greatest benefit of the program is that you will only have to pay for the charges after your debt has been settled. All you have to sign up for any of the 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. After they have gathered all your financial documents, they will also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to resolve various tax issues such as wage garnishments and tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing that is based on the amount you’ll must settle.
There are a variety of options in paying off 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 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 settlement. CuraDebt only focuses on unsecured debt. They can’t help you if your loan or debt is linked to a physical item.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any problems. Additionally, this service is offered to all 50 states if you have a debt towards the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling the medical bills. In some cases, you may even 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 loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from a different 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 can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they don’t have high-cost fees as well. In the average, you’ll need to pay up to 20 percent of the debt you settled with them.
On average, this type of industry charges between 15% and 25%.
In addition, customers can expect to settle their debts within between 2 and 4 years. But, it also differs according to the amount you save per month.
Also, they claim that you can save up to 30% by incorporating their charges into your calculation.
However, this statement will depend on your specific situation. Some customers have even talked about saving 50 to up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program you may join their credit restoration program.
It’s a great option to rebuild your credit score without having to go into debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also look into any violations by creditors with the assistance of their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with . If you’re trying to improve your standing on credit scores, you might delay you from finishing your obligations.
CureDebt does not have a mobile app. While they have a website for clients but it’s aged and simple. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on these kinds of services. Additionally the 20% service fee is lower than many firms that charge a 25% fee. There aren’t any upfront fees, and you will only have to pay the fee when the debt is settled.
While they’ll provide you with an account to see your progress but their website isn’t user-friendly. CuraDebt does not have an app that could make it easier for you to track your performance.
However, they have a great support team that you can contact them not just via email but also by phone or making an electronic ticket. Topten Tax Relief Companies
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 services that they provide are offered in your state.
FAQ Topten Tax Relief Companies
How long will it take to complete the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt offers a program for tax relief to aid you in dealing with problems such as delinquent payroll tax issues and garnishments on wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to lower the amount of debt you have over time.