Has your debt increased lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can help you or put you in more debt.
According to their clients they can help you manage 80percent of your debt , so you can take few things off of your shoulders.
But for some 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 case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before starting the review, you can watch this video instead in case you would prefer to watch 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 Car Tax Relief?
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is 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 restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. But they offer other services that will assist you in becoming financially stable.
It all starts by requesting a no-cost savings estimate online. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings, you will learn more about your alternatives to debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement program, CuraDebt is the one to answer all of your creditor’s calls. They will also be the ones who determine conditions of the payment depending on the condition of your financial situation. Depending on which works best your situation, the payment can be a lump-sum settlement or an installment plan.
Furthermore, they will be working with creditors to ensure that you have better rates as you deposit money to your savings account. This is then processed to pay off the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll provide you with access to your data 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills credit cards and line of credit. You can also approach them to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive 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 assist you in navigating laws such as those of 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, if they are possible. Some violations can also lead to having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the sum you have. They also allow you to ask questions during their free consult with their debt advisor.
The greatest benefit of their plan is that you only pay the fees once your debt is settled. All you need to sign up to 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 your tax debt. Once they’ve gathered all your financial documents They will also gather all the necessary paperwork for tax returns.
With this program, you will be able to solve the various types of tax problems like garnishments on wages as well as tax penalties for personal and corporate taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices, which depends on the amount that you’ll must settle.
There are a variety of options in settling 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 kind of debt can they help you with?
Although debt settlement is their forte however, they do not cater to all types of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if your debt or loan is tied to a physical item.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any problems. Moreover, this type of service is offered to all 50 states if you owe money towards the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve 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 doesn’t cater to federal student loans. However, they can assist private students in negotiating any loans they owe.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your outstanding debts.
They also don’t charge high fees as well. On average, you’ll be required to pay up to 20% of the debt you settled through them.
On average, this type of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from two to four years. However, this also varies in relation to the amount you are able to save each month.
Also, they claim that you could save as much as 30% when you factor in their costs into your calculations.
However, this statement will vary, depending on your specific situation. Some customers have even talked about saving 50% to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Additionally they only charge an amount of 20%, while many companies charge 25 percent.
Then, if you’re done in the process of debt resolution you could enroll in their credit restoration program.
It’s an excellent way to restore your credit score without going back into debt. However, the program lasts different for every person, depending on your situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into 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.
Debt settlement and debt relief often require you to cease making payments with your credit card. So if you’re trying to increase your credit score, it might cause you to delay working on your obligations.
CureDebt does not have a mobile app. While they have a website that clients can access however, it appears aged and simple. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. In addition their 20% service cost is cheaper than most firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app, which could make it easier for you to track your progression.
But, they do have a great support team and can be reached them not just via email but also via phone or sending an e-ticket. What Is The Car Tax Relief?
If your debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs that they provide are offered in your state.
FAQ What Is The Car Tax Relief?
What is the time frame to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt has a tax relief program that will help you with problems such as delinquent payroll taxes and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down the amount of debt you have over time.