Has your debt been increasing 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 tried everything.
In most cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of people are asking if they can help you or put you in more debt.
According to their clients they can help you manage 80% of your debts so that you can take couple of things off your shoulders.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, watch this video instead in case you would prefer watching it.
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. After, you will want to read the rest of our article for a more comprehensive review.
About the Company What Is The 310 Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer other services that will aid you in becoming more financially stable.
The process starts by requesting a no-cost online savings estimate. The service is completely confidential, and they won’t conduct a credit inquiry. By using this estimate of savings, you will learn more about your alternatives towards debt-free.
The savings estimate, as we’ve mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to join. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement plan, CuraDebt can be the agency to answer all of your creditors’ calls. They will also be the ones who will negotiate the terms of your settlement based on the status of your financial situation. Depending on which works most effectively your situation, the payment could be either a lump sum settlement or a payment plan.
Moreover, they will work with creditors so that you can enjoy better rates when you make deposits to your savings account. This is then processed to pay back creditors. The plans they offer can help you settle the debt within 48 months.
After you’ve registered with them, they will provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to track your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can assist 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 all kinds of debt. This includes personal loans, medical bills, credit cards and also loans. They are also able to settle any outstanding balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes as well as IRS debt. But, you won’t receive assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations may result in having your debts dismissed as well.
CuraDebt lets you settle debt with less than the amount you own. They also allow you to have questions answered during a free consultation with their debt counselor.
The most appealing aspect of their plan is that you’ll only have to pay for the charges once your debt is settled. All you have to sign up for some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial records They will also gather all the documents you’ll require for tax returns.
Through this program, you’ll be able to deal with different types of taxes like wage garnishments, tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices that is based on the amount that you’ll must settle.
They offer different options when it comes to the settlement of 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 kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to offer all kinds of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if the debt or loan is tied to an actual item.
However, if you have the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any issues. Moreover, this type of service is accessible across all 50 states, if you owe money towards the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students with negotiating any loans they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you settle each of your outstanding debts.
They also don’t charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
In the average, this kind of industry charges between 15 and 25 percent.
In addition, customers can expect to pay off their debts in 2 to 4 years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you could save as much as 30% when you factor in their charges into your calculation.
However, the claim may vary, depending on your situation. Some customers have even talked about saving 50 to 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. Additionally they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished in the process of debt resolution you can enroll in their credit repair program.
It’s an excellent method to improve the credit rating without going 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 assist in settlements and negotiations. This means your debt won’t increase as time passes. They’ll also be looking into any creditor violations with the help of their own experts.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. If you’re trying to build a better standing on credit scores, you might cause you to delay working on your credit card debt.
CureDebt also doesn’t have a mobile app available. While they have a client website, it looks outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not credited with the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. Moreover, their 20% service charge is cheaper than most businesses that charge a 25% fee. There aren’t any upfront fees, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account to see your progress but their website isn’t user-friendly. CuraDebt does not have an app, which would make it easier to look at your performance. What Is The 310 Tax Relief
But, they do have a great support team that you can contact them, not only via emails but also via phone or submitting an e-ticket. What Is The 310 Tax Relief
If credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs that they provide are offered in your state.
FAQ What Is The 310 Tax Relief
How long will it take to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt offers a program for tax relief to help you with problems like delinquent taxes and garnishments of wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.