Have your debts been piling up lately? Are you exhausted from trying different financial tips and advice but you’re still struggling with unsolved 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 help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many customers have asked if they can assist you or help you get into more debt.
According to their clients, they can help you manage 80% of your debt , so you are able to take couple of things off your mind.
But for some people the claims seem too good to be true.
You might be looking for anything that can help you resolve your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before you begin the review, go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, 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 the article for a more comprehensive review of CuraDebt.
About the Company What Is A Tax Relief Poverty
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer other services that will help you be more financially stable.
It all starts by requesting a no-cost savings estimate online. The service is completely confidential and won’t be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the options to debt-free.
This estimate of savings, 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 and a support team to assist you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt is the agency to answer all of your creditors’ calls. They will also be the ones that determine what you will pay for your repayment in accordance with the state of your financial situation. In determining which option is the best for you, it could be either a lump sum settlement or the option of a payment plan.
Furthermore they will be working with the creditors so that you can have better rates as you make deposits to your savings account, which in turn, will be processed to pay off creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you have to do is sign in to CuraDebts the client portal to track your development.
Before you are able to avail their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for the majority of 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 collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. But, you won’t receive support for most claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can 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 creditor violations to ensure that you receive cash settlements, if they are possible. Some violations can also lead to having your debts removed as well.
CuraDebt lets you repay debt for less than the sum you have. They also allow you to ask questions during their free consultation with their debt counselor.
The best part about their plan is that you’ll only have to pay for the charges after your debt has been settled. All you need to do is sign up with one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you should be able to solve different types of taxes like garnishments on wages, tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
There are a variety of options in the settlement of 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 can they help you with?
Although debt settlement is their specialty however, they do not offer all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t assist you if your debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Moreover, this type of service is accessible across all 50 states, if you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling the medical bills. In certain cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students with negotiating any student loans that they are owed.
Payday loans and personal 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 got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards CuraDebt can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
Also, they don’t have high-cost costs either. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
In general, this type of industry can charge anywhere between 15% and 25 percent.
Additionally, customers can anticipate to pay off their debts in between 2 and 4 years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you could save up to 30% if you include their fees in your equation.
But this claim will also depend on your situation. Some clients even mentioned saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. In addition they only charge an amount of 20%, while many companies charge 25%.
Next, if you’re done in the process of debt resolution you may enroll in their credit repair program.
It’s a great way to restore your credit without having to go into debt again. The program is however designed different for every person according to your personal situation.
In the end, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also look into any violations by creditors with the assistance of their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using . So if you’re trying to increase your rating on your credit, this could cause you to delay getting rid of your obligations.
CureDebt also doesn’t offer a mobile application. While they do have a client website, it looks aged and simple. It’s not very intuitive, and it can be difficult to navigate.
In addition, they’re not credited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more on those types of services. Moreover the 20% service cost is less expensive than the majority of businesses that charge a 25% fee. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
While they’ll provide you with an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app, which could make it easier for you to look at your performance.
However, they have a good support team, and you can reach them not just via email but also via phone or making an e-ticket. What Is A Tax Relief Poverty
If the credit card is a major problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they offer are available in your area.
FAQ What Is A Tax Relief Poverty
How long does it take to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt provides tax relief programs to 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 be required to communicate with the team and make the necessary payments to pay down your debt over time.