Has your debt increased lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people are asking if they can assist you or help you get into more debt.
According to their customers, they can assist you in managing the majority of your debt , so you can take few things off of your mind.
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 situation, CuraDebt will mostly be suggested by people. We’ll take a deeper study of the way CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before starting the review, check out this video instead for a more relaxing way for it to be watched.
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. After, you will want to read the rest of the article for a more comprehensive review.
About the Company What Is The Tax Relief For American Citizens
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by 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 one of CuraDebt’s best well-known feature. They also provide other services that can assist you in becoming financially stable.
It all begins with requesting a free savings estimate on the internet. It is a completely private service, and they won’t be doing a credit check. By using this estimate of savings you’ll be able to discover more about other options in your journey to be debt-free.
The savings estimate, as mentioned before, gives you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the one to answer all of your creditor’s calls. They’ll also be the ones who determine conditions of the repayment in accordance with the state of your finances. Depending on which works most effectively for you, it could be a lump-sum settlement or an installment plan.
Moreover they will also be working with lenders to help you have better rates as you deposit money to your savings account. This is then processed to pay creditors. Their plans can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll give you access to your information 24/7. All you have to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you can avail of the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. These include medical bills, personal loans credit cards and loans. They can also be approached to help settle any remaining balance of business debt and collections or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get support for most cases, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations may lead to having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you have. You can also inquire about your debt during their no-cost 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 have to sign up for one of their plans 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. Once they’ve gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to resolve various tax issues like wage garnishments and tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount you need to settle.
They have different solutions for paying off taxes. 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 are they able to help with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to provide all kinds of debt settlement. CuraDebt only focuses on debt that is 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’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Additionally, this service is available to all 50 states in the event that you owe money to the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt will also help you resolve the medical bills. In certain cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students in negotiating any loans they owe.
Personal loans and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They do not charge an upfront cost. The only time you pay is when you settle each of your debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay as much as 20% of the debt you settled with them.
In general, this type of industry can charge anywhere between 15 and 25%.
In addition, customers can expect to settle their debts within two to four years. However, this also varies depending on the amount that you save per month.
They also claim that you could save as much as 30% by incorporating their charges into your calculation.
However, the claim may vary, depending on the situation. Some customers have even talked about saving 50% to 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas many companies charge 25%.
Next, if you’re done with the debt settlement program, you can join their credit repair program.
It’s a great way to restore your credit without going into debt again. However, the program lasts in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also be looking into any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with the credit card you use. If you’re trying to increase your rating on your credit, this may set you back while you’re getting rid of your debt.
CureDebt doesn’t even have a mobile app. While they do have a client website but it’s aged and simple. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more for these types of services. Moreover their 20% service cost is cheaper than most firms 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, their website is not user-friendly. CuraDebt does not have an app yet, which would make it easier to track your performance.
But, they do have a great support team and can be reached them not just via email but also by phone or sending an e-ticket. What Is The Tax Relief For American Citizens
If the debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they provide are in your state.
FAQ What Is The Tax Relief For American Citizens
How long does it take to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll tax and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and pay the required payments to pay down your debt over time.