Are you experiencing debt that has increased lately? Are you burnt out from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because been through every thing.
In the majority of cases, your most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they are able to help or put you into more debt.
According to their customers, they can assist you in managing the majority of your debt so that you can take couple of worries off your plate.
But for some people they believe these claims are too good to be true.
If you’re looking for something that will aid you in settling your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at how CuraDebt works and what problems it could help solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before starting the review, check out this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch 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 Working Mother Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. But they offer other services that can aid you in becoming more financially secure.
It all begins with requesting a free online savings estimate. This service is very confidential and they will not be conducting a credit screening. With this savings estimate you’ll be able to learn more about your options to debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with the opportunity to consider your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Some financial advisors can help you on your path to debt-free living.
After your debt settlement program, CuraDebt can be the one to answer all of your creditor’s calls. They’ll be the ones who negotiate what you will pay for your settlement based on the status of your finances. Depending on which works most effectively your situation, the payment could be either a lump sum settlement or a payment plan.
Furthermore they will be working with lenders to help you get better rates when you make deposits to your savings account, which is then processed to pay off the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal so that you can monitor your performance.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include medical bills, personal loans credit cards and also line of credit. You can also approach them to pay off any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance with the majority claims, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, if they are possible. Some violations can also cause your debt to be removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. You can also inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of their program is that you will only pay the fees when your debt is paid off. All you need to do is sign up with some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
Through this program, you should be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees also. They only offer flat-fee prices and is dependent on the amount you’ll have to pay.
They offer different options for paying off your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their specialization, they don’t cater to all types of settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if the credit or loan is tied to an item that is physical.
If you do have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any issues. Additionally, this service is accessible across all 50 states, if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling the medical bills. In some instances you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students with negotiating the student loans they owe.
Personal and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
Also, they don’t have high-cost fees as well. In the average, you’ll need to pay up to 20 percent of the debt you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from between 2 and 4 years. However, this also varies depending on the amount that you save per month.
Additionally, they claim that you could save as much as 30% when you factor in their charges into your calculation.
But this claim will also differ based on the situation. Some clients even mentioned saving between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. Furthermore they charge only a 20% fee while many companies charge 25%.
Next, if you’re done in the process of debt resolution, you could also sign up for their credit repair program.
It’s a fantastic option to rebuild your credit score without having to go into debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also look into any creditor violations with the help of their own experts.
Some disadvantages to using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with . If you’re trying to improve your rating on your credit, this may cause you to delay getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. Although they have a website for clients, it looks aged and simple. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on those types of services. In addition, their 20% service charge is cheaper than most businesses that charge an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account so that you can track your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that could make it easier for you to track your performance. Working Mother Tax Relief
They do have a great support team, and you can reach them not just via email but also via phone or sending an e-ticket. Working Mother Tax Relief
If credit card is a major problem, then we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they provide are in your area.
FAQ Working Mother Tax Relief
How long will it take to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt offers a program for tax relief to assist you with issues such as delinquent payroll taxes and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.