Has your debt been increasing lately? Are you burnt out from trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people have been inquiring whether they are able to help or put you into more debt.
According to their clients, they can assist you in managing 80% of your debt so that you are able to take few things off of your plate.
But for some people they believe these claims are too good to be true.
You might be looking for anything that can aid you in settling your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, you can go to this video if you prefer for it to be watched.
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. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Widow Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. However, they also offer other services that can help you be more financially secure.
First of all, it begins by requesting a free savings estimate on the internet. This service is very confidential and won’t conduct a credit inquiry. With this savings estimate, you will be able to learn more about the other options in your journey to debt-free.
The savings estimate, as mentioned previously, offers you an insight into your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt is the agency to take care of all your creditors’ calls. They will also be the ones who negotiate the terms of your settlement in accordance with the state of your financial situation. Depending on which works best to you, this can be either a lump sum settlement or the option of a payment plan.
Additionally they will be working with lenders to help you enjoy better rates when you make deposits to your savings account. This, in turn, will be processed to pay back creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will allow you access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your progress.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle all kinds of debt. They can help with personal loans, medical bills credit cards as well as lines of credit. You can also approach them to settle any outstanding balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you won’t get assistance for the majority claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors in order to get cash settlements, if they are possible. Some violations can also cause your debt to be also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. Additionally, you can have questions answered during a free consult with their debt advisor.
The most appealing aspect of the program is that you will only have to pay for the charges once your debt is settled. All you have to sign up to one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to solve various tax issues such as wage garnishments, tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees also. They use only flat-fee pricing, which depends on the amount that you’ll have to pay.
They have different solutions in settling the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their specialty, they don’t cater to all types of debt settlement. CuraDebt concentrates on debt that is not secured. They aren’t able to help you if your debt or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off your past-due tax debts without any problems. Additionally, this service is offered across all 50 states, if you have a debt towards the IRS. They have federal tax experts to assist you with the issues.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students negotiate the student loans they are owed.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you got from a different bank or financial institution.
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 assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your debts.
Additionally, they do not charge high costs either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to pay off their debts in two to four years. This varies in relation to the amount you can save up per month.
They also claim that you can save up to 30% by incorporating their fees in your equation.
But this claim will also depend on your situation. Some customers even claimed to save between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. Furthermore they only charge an amount of 20%, while the majority of companies charge 25%.
If you’re finished with the debt settlement program, you can join their credit restoration program.
It’s a great option to rebuild your credit without going into debt again. However, the program lasts differently for each person, depending on your situation.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that your debt won’t increase over time. They’ll also investigate any creditor violations using their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. Therefore, if you’re trying build a better standing on credit scores, you could delay you from finishing your debt.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access but it’s outdated and basic. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more on these kinds of services. Moreover the 20% service fee is less expensive than the majority of firms that charge the 25% cost. There is no upfront payment, and you will only have to pay when the debt is paid off.
Although they’ll give you an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which would make it easier to look at your performance.
They do have a good support team and can be reached them, not only via emails but also via phone or making an electronic ticket. Widow Tax Relief
If the problem of debt is an problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services that they provide are offered in your area.
FAQ Widow Tax Relief
How long will it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt offers a program for tax relief to aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What should I 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 pay down the amount of debt you have over time.