Has your debt increased lately? Are you burnt out from trying different financial tips and advice but haven’t solved your problems?
Maybe you’re here because tried every thing.
In the majority of cases, your most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is among 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 clients they can help you manage the majority of your debts so that you can take few things off of your plate.
However, for certain people the claims seem too good to be true.
You might be looking for something that will assist you in paying off your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper 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 its benefits and drawbacks.
Before you begin the review, watch this video instead if you prefer to watch it.
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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Curadebt Cancel
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a part of 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 restricted their services.
What can CuraDebt do?
Assistance in settling your debt is the most well-known feature. However, they also offer additional services to aid you in becoming more financially stable.
First of all, it begins by requesting a free online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll learn more about your options to be debt-free.
The savings estimate, which was mentioned earlier, provides you with an idea of your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration if you decide to join. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the company to handle all of your creditors’ calls. They will also be the ones who will determine conditions of the settlement based on the status of your finances. In determining which option is the best your situation, the payment can be either a lump sum settlement or an installment plan.
Furthermore 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 process to pay back the creditors. Their programs can assist you to settle the debt within two years.
After you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to track your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 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 help you.
As their name suggests, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. This includes medical bills, personal loans credit cards as well as loans. They can also be approached to help settle any remaining balance on business debt and collections or repossessions.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance for the majority cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will 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 creditor violations in order to get cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the sum you have. You can also ask questions during their free meeting with their debt counselor.
The most appealing aspect of their program is that you will only have to pay for the charges after your debt has been settled. All you have to sign up to some of their programs, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial records, they will also collect all the documents you’ll require for tax returns.
With this program, you will be able to resolve the various types of tax problems such as garnishments on wages and tax penalties, personal and taxation for business as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing that is based on the amount you have to pay.
They offer different options in the settlement of 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 types of debt can they help you with?
Although they specialize in debt settlement, it is not their forte however, they do not offer all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if your credit or loan is tied to a physical item.
If you do have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able pay off your past-due tax debts without any problems. Moreover, this type of service is accessible across all 50 states, if you owe money towards the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt will also help you resolve any medical-related debt. In some instances, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students in negotiating the student loans they have to pay.
Personal loans and payday loans also qualify for the debt settlement program. You can also avail if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will help you pay 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 settle each of your debts.
Also, they do not charge high fees as well. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from two to four years. But, it also differs in relation to the amount you can save up per month.
Also, they claim that you can save up to 30% by incorporating their costs into your calculations.
However, the claim may depend on the situation. Some clients even mentioned saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only a 20% fee while most companies charge you 25%.
If you’re finished with the debt settlement program, you could enroll in their credit restoration program.
It’s a fantastic method to improve your credit score without going back into debt. 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 investigate any creditor violations with the assistance of their experts in-house.
Drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . Therefore, if you’re trying increase your standing on credit scores, you may delay you from getting rid of your debt.
CureDebt doesn’t even have a mobile app. Although they have a website that clients can access however, it appears aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more for these types of services. Moreover, their 20% service fee is cheaper than most companies that offer an additional 25% charge. There are no upfront payments and you’ll only be required to pay once 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 isn’t even an app yet, which would make it easier to look at your performance.
They do have a good support team that you can contact them, not only via emails but also by phone or sending an e-ticket. Curadebt Cancel
If your debt is a big problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Curadebt Cancel
How long does it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt offers a program for tax relief that can help you with problems like delinquent tax and garnishments on wages.
What should I do after joining the program?
You’ll be required to communicate with the team and pay the required payments to reduce the amount of debt you have over time.