Have your debts increased lately? Are you burnt out from trying various financial tips and advice but haven’t solved your problems?
Maybe you’re here because been through everything.
In the majority of cases, your best option is to speak with experts who can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can assist you or put you into more debt.
According to their customers, they can assist you in managing the majority of your debt so that you can take couple of things off your mind.
But for some people the claims seem too good to be true.
If you’re looking for something that will aid you in settling your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can watch this video instead in case you would prefer for it to be watched.
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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Us Ftc Relief Tax
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. But they offer additional services to assist you in becoming financially stable.
The process starts by requesting a no-cost online savings estimate. The service is completely confidential and they will not be doing a credit check. With this savings estimate, you will learn more about your other options in your journey towards debt-free.
The savings estimate, which was mentioned previously, offers you an idea of your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt will be the one to handle all of your creditors’ calls. They’ll also be the ones who determine the terms of your payment depending on the condition of your finances. Based on what works best for you, it can be either a lump sum settlement or a payment plan.
Additionally, they will be working with the creditors to ensure that you have better rates as you deposit money to your savings account. This in turn, will be processed to pay back the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they will give you access to your account information 24 hours a day. All you need to do is log in to CuraDebts the client portal to track your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle most types of debt. This includes personal loans, medical bills, credit cards as well as loans. You can also approach them to settle any outstanding amount on business debts and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive assistance for the majority claims, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll 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 debtors who are in violation so that you can have cash settlements, if they are possible. Certain violations could cause your debt to be also dismissed.
CuraDebt also allows you to repay debt for less than the amount you have. They also allow you to inquire about your debt during their no-cost consultation with their debt advisor.
The best part about their plan is that you will only pay the fees after your debt has been settled. All you have to sign up for some of their programs and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial records They will also gather all the necessary paperwork to file tax returns.
Through this program, you should be able to resolve the various types of tax problems such as wage garnishments as well as tax penalties for personal and taxation for business and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only use flat-fee pricing, which depends on the amount you have to pay.
There are a variety of options when it comes to paying off your tax debt. Here are 6 of them:
- 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 debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if your credit or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt, you should be able to pay your past-due tax debts without any issues. Additionally, this service is offered to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students with negotiating the student loans they owe.
Personal and payday loans also qualify to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you’ve paid each of your 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 through them.
In general, this type of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. This varies depending on the amount that you can save up per month.
They also claim that you could save as much as 30% when you factor in their costs into your calculations.
But this claim will also vary, depending on your situation. Some customers have even talked about saving 50% to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Additionally they charge only a 20% fee while many companies charge 25 percent.
If you’re finished in the process of debt resolution you may join their credit restoration program.
It’s an excellent way to restore your credit without going into debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also look into any violations by creditors using their experts in-house.
Some disadvantages to the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with . Therefore, if you’re trying improve your credit score, it could set you back while you’re finishing your credit card debt.
CureDebt does not have a mobile app available. While they do have a client website but it’s outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Additionally, their 20% service charge is cheaper than most companies that offer the 25% cost. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which could make it easier for you to monitor your progress.
They do have a great support team and can be reached them, not only via emails but also via phone or sending an electronic ticket. Us Ftc Relief Tax
If the problem of debt is an problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs that they provide are offered in your state.
FAQ Us Ftc Relief Tax
How long will it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that will aid you in dealing with problems such as late payroll tax and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower your debt over time.