Has your debt been increasing lately? Are you exhausted from trying different financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, the best option is to speak with professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they are able to help or put you in more debt.
According to their customers, they can help you manage 80percent of your debt , so you are able to take couple of w
orries off your mind.
For some they believe these claims are too good to be true.
You might be looking for something that will assist you in paying off your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before beginning the review, you can go to this video if you prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Curadebt Client Agreement
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. However, they also offer additional services to aid you in becoming more financially secure.
First of all, it begins by requesting a free savings estimate online. This service is very confidential and they will not be doing a credit check. With this estimate of savings you’ll be able to learn more about your options to debt-free.
This estimate of savings, as mentioned before, gives you the opportunity to consider your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt can be the company to take care of all the calls from your creditors. They will be the ones who negotiate what you will pay for your repayment based on the status of your finances. Based on what works best your situation, the payment can either be a lump sum settlement or a payment plan.
Moreover they will be working with lenders to help you have better rates as you make deposits to your savings account, which is then processed to pay creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you need to do is log in to CuraDebts the client portal to monitor your development.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes medical bills, personal loans credit cards, and line of credit. They can also be approached to pay off any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of 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 can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, if they are possible. Certain violations may result in having your debts removed as well.
CuraDebt lets you settle debt with less than the amount you have. You can also have questions answered during a free consultation with their debt advisor.
The greatest benefit of their plan is that you only pay the fees after your debt has been settled. All you have to sign up to any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
Through this program, you should be able to solve various tax issues like garnishments on wages and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options for settling your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
Although debt settlement is their specialization but they aren’t able to offer all kinds of settlement. CuraDebt only focuses on debt that is not secured. They can’t help you if the credit or loan is tied to an actual item.
However, if you have the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without difficulty. Furthermore, this service is offered to all 50 states if you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also assist in settling your medical debt. In some instances you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students in negotiating the student loans they owe.
Personal loans and payday loans are also eligible for the debt settlement program. You may also be eligible if you have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they do not charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere from 15% to 25%.
In addition, customers can expect to settle their debts within two to four years. This varies according to the amount you can save up per month.
They also claim you can save up to 30% by incorporating their fees in your equation.
However, the claim may vary, depending on your specific situation. Some customers have even talked about saving 50% to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. In addition they charge only 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done with the debt settlement program, you can enroll in their credit restoration program.
It’s a fantastic way to restore your credit without going into debt again. The program is however designed differently for each person according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also look into any violations of creditor using their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with the credit card you use. Therefore, if you’re trying build a better credit score, it could delay you from finishing your debt.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients, it looks outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more on those types of services. Moreover, their 20% service cost is lower than many companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app, which would make it easier to track your progress.
But, they do have a good support team and can be reached them, not only via emails but also by phone or submitting an electronic ticket. Curadebt Client Agreement
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they provide are in your area.
FAQ Curadebt Client Agreement
How long will it take to finish the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt offers a program for tax relief that will help you with problems such as delinquent payroll tax and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce your debt over time.