Are you experiencing debt that has been piling up lately? Are you tired of trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your 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 help you get into more debt.
According to their clients, they can help you control 80percent of your debt , so you can finally take a few things off of your plate.
For some they believe these claims are too good to be true.
You might be looking for any solution that could aid you in settling your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll take a deeper study of how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before you begin the review, you can go to this video in case you would prefer to watch 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. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Unemployed Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. However, they also offer additional services to help you be more financially secure.
The process starts by requesting a no-cost savings estimate online. It is a completely private service and they will not be doing a credit check. With this estimate of savings, you will learn more about your other options in your journey to debt-free.
Savings estimates, as mentioned previously, offers you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with credit arbitration if you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the one to handle all of your creditor’s calls. They’ll also be the ones who will negotiate what you will pay for your settlement depending on the condition of your financial situation. Based on what works best for you, it can either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with the creditors so that you can have better rates as you deposit money to your savings account. This, in turn, will process to pay creditors. Their programs can assist you to pay off the debt in two years.
After you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal to monitor your development.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with medical bills, personal loans, credit cards and loans. They can also be approached to settle any outstanding balance of business debt collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you will not receive support for most cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like those of the 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 possible. Certain violations may cause your debt to be removed 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 counsellor.
The most appealing aspect of their plan is that you only pay the fees once your debt is settled. All you need to do is sign up with some of their programs and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents, they will also collect all the paperwork you’ll need for tax returns.
Through this program, you should be able to solve various tax issues such as wage garnishments as well as tax penalties for personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you’ll have to pay.
There are a variety of options in the settlement of your tax debt. 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 specialty, they don’t offer all kinds of settlement. CuraDebt concentrates on loans that are not secured. They can’t assist you if your credit or loan is tied to a physical item.
If you do have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any problems. Moreover, this type of service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some instances you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate any student loans that they owe.
Personal and payday loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
Additionally, they don’t charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15% and 25 percentage.
Moreover, clients can expect to settle their debts within between 2 and 4 years. But, it also differs in relation to the amount you save per month.
They also claim that you can save as much as 30% by incorporating their fees in your equation.
But this claim will also vary, depending on your situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. In addition, they only charge a 20% fee while many companies charge 25 percent.
If you’re finished in the process of debt resolution, you can also sign up for their credit restoration program.
It’s a fantastic option to rebuild your credit score without having to go in debt again. However, the program lasts in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that your debt won’t increase over time. They’ll also investigate any violations by creditors using their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with your credit card. If you’re trying to build a better standing on credit scores, you may delay you from working on your debt.
CureDebt doesn’t even offer a mobile application. While they do have a client website, it looks aged and simple. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not accredited 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 on those types of services. Moreover their 20% service fee is cheaper than most businesses that charge an additional 25% charge. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account so that you can track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app, which could make it easier for you to look at your progression. Unemployed Tax Relief
However, they have a good support team and can be reached them, not only via emails but also by phone or making an e-ticket. Unemployed Tax Relief
If debt is a big problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your state.
FAQ Unemployed Tax Relief
What is the time frame to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt has a tax relief program that will aid you in dealing with problems such as delinquent payroll tax and garnishments on wages.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower the amount of debt you have over time.