Are you experiencing debt that has been increasing lately? Are you tired of trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can help you or put you in more debt.
According to their clients, they can assist you in managing the majority of your debt , so you can finally take a couple of things off your plate.
But for some people they believe these claims are too good to be true.
If you’re looking for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at the way CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before beginning the review, you can check out this video instead in case you would prefer watching it.
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 review. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Trumps Tax Relief An
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.
While it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. However, they also offer other services that can assist you in becoming financially secure.
It all begins with requesting a free online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. By using this estimate of savings, you will learn more about your other options in your journey to be debt-free.
This estimate of savings, as mentioned previously, offers you an idea of your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to sign up. Certain financial advisors can assist you with your debt-free journey.
Following 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 will negotiate what you will pay for your settlement in accordance with the state of your finances. Based on what works best your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Moreover they will be working with creditors so that you can have better rates as you deposit money to your savings account. This is then processed to pay off creditors. Their plans can help you pay off the debt in two years.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you need to do is sign in to CuraDebts’ client portal to monitor your development.
Before you can avail of the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with personal loans, medical bills credit cards, and line of credit. You can also approach them to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate for back taxes as well as IRS debt. However, you won’t get assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. Additionally, you can have questions answered during a free consultation with their debt counselor.
The most appealing aspect of their plan 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 be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you will be able to deal with different types of taxes like garnishments on wages and tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges also. They only use flat-fee pricing, which depends on the amount that you’ll have to pay.
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 kind of debt are they able to help with?
Although debt settlement is their specialty however, they do not cater to all types in debt resolution. CuraDebt is only focused on debt that is not secured. They can’t assist you if your credit or loan is tied to a physical item.
If, however, you are in one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to pay tax debts that were due to be paid without difficulty. Moreover, this type of service is available to all 50 states if you owe money to the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some cases, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any student loans that they are owed.
Personal and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is the way they’ve priced their service. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
Also, they do not charge high costs either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere between 15% and 25%.
Moreover, clients can expect 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% if you include their fees in your equation.
However, the claim may vary, depending on your situation. Some customers even claimed to save between 50% and 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
Then, if you’re done in the process of debt resolution you could join their credit repair program.
It’s a fantastic method to improve your credit score without having to go in debt again. However, the program runs in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations of creditor with the help of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using the credit card you use. So if you’re trying to build a better credit score, it could cause you to delay finishing your debt.
CureDebt also doesn’t have a mobile app available. While they have a website for clients however, it appears old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on these kinds of services. In addition the 20% service charge is cheaper than most companies that offer a 25% fee. There are no upfront payments, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account to see your progress, their website is not simple to navigate. CuraDebt does not have an app, which would make it easier to track your performance.
But, they do have a good support team, and you can reach them not only through emails but also by phone or submitting an e-ticket. Trumps Tax Relief An
If the problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Trumps Tax Relief An
What is the time frame to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt provides tax relief programs to help you with problems such as delinquent payroll tax issues and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower the amount of debt you have over time.