Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, your most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many people have been inquiring whether they can help you or put you into more debt.
According to their clients they can help you manage 80% of your debt , so you can take couple of things off your shoulders.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of how CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its advantages and drawbacks.
Before beginning the review, check out this video instead if you prefer for it to be watched.
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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company What Is Tax Relief Credit
CuraDebt is a debt relief company from 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 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?
Helping you settle your debt is one of CuraDebt’s best well-known feature. But they offer other services that will assist you in becoming financially stable.
The process starts by requesting a no-cost savings estimate on the internet. This service is very confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll learn more about your options to debt-free.
Savings estimates, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to sign up. Some financial advisors can help you with your debt-free journey.
After your debt settlement program, CuraDebt will be the one to answer all of your creditors’ calls. They will also be the ones who will determine the terms of your payment depending on the condition of your finances. Based on what works best your situation, the payment could either be a lump sum settlement or the option of a payment plan.
Furthermore they will also be working with creditors to ensure that you have better rates as you transfer money into your savings account. This, in turn, will process to pay off creditors. Their plans can help you pay off the debt in 48 months.
After you’ve registered with them, they will give you access to your data 24/7. All you need to do is login to CuraDebts Client Portal to track your development.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for all kinds of debt. This includes personal loans, medical bills credit cards as well as line of credit. You can also approach them to pay off any remaining amount on business debts, collections, or repossessions.
They can even help negotiate for back taxes as well as IRS debt. However, you won’t get assistance for the majority cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, should it be possible. Certain violations may result in having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the sum you have. They also allow you to have questions answered during a free meeting with their debt advisor.
The best part about their plan is that you’ll only be charged once your debt is settled. All you need to sign up for one of their plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records, they will also collect all the documents you’ll require to file tax returns.
Through this program, you’ll be able to deal with the various types of tax problems such as garnishments on wages and tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges either. They use only flat-fee pricing that is based on the amount that you’ll need to settle.
They offer different options when it comes to 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, they don’t cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your debt or loan is tied to an item that is physical.
However, if you have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any issues. Furthermore, this service is offered across all 50 states, if you have a debt to the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students in negotiating any loans they have to pay.
Personal and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or 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.
Additionally, they don’t have high-cost fees as well. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25 percent.
In addition, customers can expect to pay off their debts in two to four years. However, this also varies according to the amount you save per month.
Also, they claim that you can save as much as 30% by incorporating their fees in your equation.
However, this statement will differ based on your specific situation. Some customers even claimed to save between 50% and up to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore, they only charge a 20% fee while most companies charge you 25%.
Then, if you’re done by the program for debt relief you may also sign up for their credit restoration program.
It’s a fantastic way to restore the credit rating without having to go into debt again. The program is however designed in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also look into any creditor violations with the help of their own experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with your credit card. Therefore, if you’re trying increase your rating on your credit, this might delay you from finishing your obligations.
CureDebt does not have a mobile app. While they do have a website for clients however, it appears outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with their Better Business Bureau although they were awarded 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. Additionally the 20% service cost is less expensive than the majority of companies that offer the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt does not have an app, which will make it easier to look at your progression. What Is Tax Relief Credit
They do have a good support team that you can contact them not just via email but by phone or by sending an electronic ticket. What Is Tax Relief Credit
If your debt is a big problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ What Is Tax Relief Credit
How long does it take to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent taxes and wage garnishments.
What should I do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to lower the amount of debt you have over time.