Has your debt been increasing lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people are asking if they can help you or put you into more debt.
According to their customers, they can help you manage 80percent of your debt , so you can finally take a couple of w
orries off your shoulders.
But for some people, these claims are just too good to be true.
You might be looking for something that will assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt is used and the problems it can help you solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before you begin the review, you can watch this video instead for a more relaxing way 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 review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Curadebt Debt Relief Reviews
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become 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, some states have limited their access to their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. They also provide other services that can help you be more financially stable.
The process begins with requesting a free savings estimate on the internet. The service is completely confidential and won’t conduct a credit inquiry. With this savings estimate you’ll discover more about alternatives to be debt-free.
The savings estimate, as we’ve mentioned previously, offers you an insight into your options regardless of whether you’re planning to continue 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.
After your debt settlement program, CuraDebt will be the agency to handle all of your creditors’ calls. They will be the ones who determine the terms of your settlement based on the status of your finances. In determining which option is the most effectively your situation, the payment can be a lump-sum settlement or a payment plan.
Moreover they will also work with creditors to ensure that you have better rates as you transfer money into your savings account, which in turn, will be processed to pay back the creditors. Their programs can assist you to settle the debt within 48 months.
After you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is sign in to CuraDebts Client Portal to track your development.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards, and loans. They can also be approached to pay off any remaining balance of business debt collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you will not receive support for most claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations so that you can have cash settlements, should it be possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the sum you have. They also allow you to have questions answered during a free consult with their debt advisor.
The most appealing aspect of their program is that you only have to pay for the charges when your debt is paid off. All you need to sign up to some of their programs and you’ll be able 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 documents you’ll require for tax returns.
With this program, you’ll be able to solve different types of taxes such as garnishments on wages, tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees also. They only use flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options when it comes to paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their specialization however, they do not offer all kinds of settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to assist you if your credit or loan is tied to an actual item.
If you do have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off taxes that are due without any problems. Additionally, this service is available to all 50 states in the event that you owe money to the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt can also help resolve your medical debt. 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. They can however assist private students with negotiating the student loans they have to pay.
Personal and payday loans are also eligible for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you got from another 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 help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
They also do not charge high charges either. On average, you’ll have to pay up to 20% of the debt you settled through them.
In the average, this kind of business can cost anywhere from 15% to 25 percent.
Moreover, clients can expect to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you save per month.
Additionally, they claim that you could save as much as 30% if you include their costs into your calculations.
But this claim will also depend on your specific situation. Some clients even mentioned saving between 50% and 80percent.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge a 20% fee while many companies charge 25%.
Next, if you’re done with the debt settlement program you may join their credit restoration program.
It’s an excellent option to rebuild your credit without having to go back into debt. However, the program runs differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the help of their own experts.
The drawbacks of the use of 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 your credit card. If you’re trying to improve your credit score, it could set you back while you’re finishing your obligations.
CureDebt also doesn’t have a mobile app available. While they have a client website however, it appears old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. Moreover the 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There are no upfront payments, and you will only have to pay when the debt is paid off.
Although they’ll allow you to access an account to see your progress, their website is not user-friendly. CuraDebt does not have an app that could make it easier for you to track your performance.
But, they do have a good support team, and you can reach them not just via email but by phone or by sending an electronic ticket. Curadebt Debt Relief Reviews
If the debt is a big problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they provide are in your area.
FAQ Curadebt Debt Relief Reviews
How long will it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.