Have your debts increased lately? Are you tired of trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through every thing.
In most cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients, they can help you control 80percent of your debt so that you can finally take a couple of things off your mind.
However, for certain people, these claims are just too good to be true.
You might be looking for anything that can help you resolve your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion we’ll look at its advantages and drawbacks.
Before beginning the review, you can go to this video in case you would prefer watching it.
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 review. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Why Do Tax Relief Companies Only Work With Debt Up To 10000
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. They also provide additional services to aid you in becoming more financially secure.
First of all, it begins by requesting a free online savings estimate. The service is completely confidential and won’t be conducting a credit screening. By using this estimate of savings, you will be able to learn more about the alternatives to be debt-free.
This estimate of savings, as mentioned earlier, provides you with an idea of your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with credit arbitration if you decide to sign up. Some financial advisors can help you in your debt-free journey.
Following the debt settlement plan, CuraDebt will be the agency to take care of all your creditor’s calls. They will also be the ones who negotiate the terms of your repayment based on the status of your financial situation. In determining which option is the best to you, this can be either a lump sum settlement or an installment plan.
Additionally, they will be working with the creditors to ensure that you get better rates when you deposit money to your savings account. This, in turn, will be processed to pay creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you have to do is sign in to CuraDebts’ client portal to track your progress.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to be:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for most types of debt. This includes medical bills, personal loans credit cards, as well as line of credit. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you won’t get assistance with the majority cases, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can 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 in order to get cash settlements, if possible. Certain violations may cause your debt to be also dismissed.
CuraDebt can also help you pay off debts with less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt advisor.
The best part about the program is that you’ll only have to pay for the charges when your debt is paid off. All you have to sign up for some of their programs and you’ll have the ability to pay off all 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 collect all the necessary paperwork for tax returns.
With this program, you will be able to resolve the various types of tax problems like wage garnishments as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you have to pay.
There are a variety of options when it comes to settling your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to cater to all types of debt settlement. CuraDebt is only focused on unsecured debt. They won’t be able to assist you if your credit or loan is tied to a physical item.
If, however, you are in one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without any problems. Furthermore, this service is accessible across all 50 states, if you owe money to the IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt can also help resolve the medical bills. In certain cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students in negotiating the student loans they owe.
Personal and payday loans also qualify for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Additionally, they don’t have high-cost charges either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of industry can charge anywhere between 15 and 25%.
Moreover, clients can expect to settle their debts within two to four years. However, this also varies depending on the amount that you are able to save each month.
Additionally, they claim you can save up to 30% when you factor in their costs into your calculations.
However, this statement will differ based on your specific situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Furthermore they only charge a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief you could enroll in their credit repair program.
It’s an excellent option to rebuild your credit without going in debt again. However, the program lasts differently for each person according to your personal situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations by creditors with the help of their own experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with the credit card you use. If you’re trying to increase your standing on credit scores, you might cause you to delay finishing your debt.
CureDebt also doesn’t have a mobile app available. While they do have a website that clients can access, it looks old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on those types of services. Additionally the 20% service charge is cheaper than most businesses that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay when the debt is paid off.
While they’ll provide you with an account to see your progress, their website is not easy to navigate. CuraDebt isn’t even an app yet, which will make it easier to monitor your progression.
They do have a good support team, and you can reach them, not only via emails but also via phone or sending an electronic ticket. Why Do Tax Relief Companies Only Work With Debt Up To 10000
If your problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Why Do Tax Relief Companies Only Work With Debt Up To 10000
What is the time frame to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Sure, CuraDebt has a tax relief program that will help you with problems like delinquent taxes and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.