Have your debts been increasing lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In most cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can assist you or put you in more debt.
According to their clients, they can assist you in managing the majority of your debts so that you are able to take couple of things off your plate.
However, for certain people, these claims are just too good to be true.
You might be looking for any solution that could assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at how CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before beginning the review, you can check out this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Trinity Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been 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 the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer other services that will assist you in becoming financially stable.
The process begins by requesting a free savings estimate online. This service is very confidential and they will not be doing a credit check. By using this estimate of savings, you will discover more about other options in your journey towards debt-free.
This estimate of savings, which was mentioned earlier, provides you with an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration in the event that you decide to sign up. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt is the company to take care of all the calls from your creditors. They will also be the ones that will determine what you will pay for your payment depending on the condition of your finances. Based on what works most effectively your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Furthermore they will be working with creditors so that you can get better rates when you transfer money into your savings account, which is then processed to pay off the creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts Client Portal to monitor your progress.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards, as well as line of credit. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you will not receive assistance with the majority cases, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of 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 will also help you identify creditor violations to ensure that you receive cash settlements, if possible. Certain violations may lead to having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the sum you have. Additionally, you can ask questions during their free meeting with their debt counselor.
The greatest benefit of their program is that you only have to pay for the charges after your debt has been settled. All you have to sign up for some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial documents They will also gather all the paperwork you’ll need for tax returns.
By using this program, you will be able to deal with various tax issues like garnishments on wages and tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees also. They use only flat-fee pricing and is dependent on the amount you’ll must settle.
They offer different options for settling 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 types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to offer all kinds of settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if the loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without difficulty. Furthermore, this service is accessible to all 50 states in the event that you have a debt to the IRS. They have federal tax experts to assist you with the issues.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle 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 are owed.
Personal and payday loans are also eligible for the debt settlement program. It is also possible to avail the program of the program if you also have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge upfront fees. Only pay when you’ve paid each of your outstanding debts.
They also don’t charge high charges either. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you save per month.
Additionally, they claim you can save up to 30% if you include their costs into your calculations.
But this claim will also vary, depending on your specific situation. Some customers have even talked about saving 50 to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you may join their credit repair program.
It’s a fantastic method to improve the credit rating without going in debt again. The program is however designed differently for each person, depending on your situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with . If you’re trying to increase your standing on credit scores, you might cause you to delay working on your credit card debt.
CureDebt also doesn’t have a mobile app. While they have a client website however, it appears aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more for these types of services. Moreover, their 20% service charge is lower than many companies that offer the 25% cost. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account to see your progress, their website is not user-friendly. CuraDebt isn’t even an app yet, which will make it easier to track your progress.
They do have a great support team, and you can reach them, not only via emails but also by phone or sending an electronic ticket. Trinity Tax Relief
If debt is a big problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Trinity Tax Relief
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that will aid you in dealing with problems such as delinquent payroll taxes and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to reduce your debt over time.