Are you experiencing debt that has been piling up lately? Are you exhausted from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your 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 customers have asked if they can help you or put you in more debt.
According to their clients, they can assist you in managing the majority of your debt so that you can take couple of things off your mind.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt operates and what issues it can solve for you.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before starting the review, you can check out this video instead for a more relaxing way 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. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company What Is Expanded Tax Relief Act
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. They also provide other services that can help you be more financially stable.
The process begins by requesting a free online savings estimate. It is a completely private service and won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about the options towards debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an idea of your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Some financial advisors can help you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to answer all of your creditor’s calls. They’ll also be the ones that will determine the terms of your settlement depending on the condition of your financial situation. In determining which option is the best your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Additionally they will also work with lenders to help you enjoy better rates when you make deposits to your savings account. This is then processed to pay off the creditors. Their plans can help you pay off the debt in 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have to do is log in to CuraDebts’ client portal so that you can monitor your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with personal loans, medical bills credit cards, as well as loans. They can also be approached to help settle any remaining balance on business debt, collections, or repossessions.
They may also assist in negotiating with back taxes and IRS debt. However, you will not receive assistance for the majority of your lawsuits, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll help you use 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, should it be possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. They also allow you to ask questions during their free consultation with their debt counsellor.
The greatest benefit of their program is that you will only be charged when your debt is paid off. All you have to sign up to one of their plans and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents They will also gather all the paperwork you’ll need for tax returns.
By using this program, you should be able to deal with different types of taxes such as garnishments on wages and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs also. They only use flat-fee pricing, which depends on the amount you have to pay.
They have different solutions for settling taxes. Here are 6 options:
- 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 specialty however, they do not offer all kinds of debt settlement. CuraDebt concentrates on debt that is not secured. They won’t be able to help you if the credit or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay tax debts that were due to be paid without difficulty. Furthermore, this service is available 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 your medical debt. In certain cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students negotiate the student loans they have to pay.
Personal loans and payday loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
They also don’t charge high costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
Additionally, customers can anticipate to settle their debt from two to four years. This varies depending on the amount that you are able to save each month.
They also claim that you could save up to 30% if you include their charges into your calculation.
However, this statement will differ based on your situation. Some customers even claimed to save 50 to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done by the program for debt relief you can join their credit restoration program.
It’s a fantastic way to restore the credit rating without going back into debt. However, the program runs differently for each person, depending on your situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also investigate any violations by creditors with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with . So if you’re trying to build a better rating on your credit, this might delay you from finishing your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a client website however, it appears outdated and basic. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more for these types of services. In addition their 20% service cost is lower than many companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay when your debt is finally settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app that will make it easier to track your performance.
But, they do have a great support team that you can contact them not only through emails but also by phone or submitting an electronic ticket. What Is Expanded Tax Relief Act
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services they offer are available in your state.
FAQ What Is Expanded Tax Relief Act
How long will it take to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems like delinquent tax and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.