Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your best option is to speak with professionals that can help to resolve this issue.
CuraDebt is among the most asked companies. Many people are asking if they can assist 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 plate.
For some, these claims are just too good to be true.
If you’re looking for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, you can go to this video 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 overview. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Curaden Schweiz
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. They also provide other services that will aid you in becoming more financially stable.
It all begins by requesting a free savings estimate online. This service is very confidential and won’t be conducting a credit screening. By using this estimate of savings you’ll be able to learn more about your other options in your journey to debt-free.
Savings estimates, as we’ve mentioned before, gives you an idea of your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt can be the agency to answer all of your creditor’s calls. They will also be the ones that will negotiate what you will pay for your settlement depending on the condition of your finances. In determining which option is the best for you, it could be either a lump sum settlement or a payment plan.
Moreover, they will be working with the creditors so that you can get better rates when you deposit money to your savings account. This, in turn, will process to pay back creditors. Their programs can assist you to get rid of debt in just 48 months.
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 log in to CuraDebts the client portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need 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 help you with?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills credit cards, as well as lines of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. However, you won’t get assistance with the majority cases, loans from the government or collateral, as well as utility bills. The same goes for 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 also help you find the violations of creditors so that you can have cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the sum you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt advisor.
The greatest benefit of their program is that you only pay the fees once your debt is settled. All you need to do is sign up with any of the plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to solve different types of taxes such as wage garnishments, tax penalties, personal and taxation for business as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you’ll need to settle.
They offer different options for the settlement of the 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 kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to provide all kinds in debt resolution. CuraDebt is only focused on unsecured debt. They aren’t able to help you if the loan or debt is linked to an item that is physical.
If you do have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off tax debts that were due to be paid without difficulty. Moreover, this type of service is available to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In some instances, you may even pay the debt for less than 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 owe.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program of the program if you also 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, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you settle each of your debts.
Additionally, they don’t charge high costs either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
On average, this type of business can cost anywhere between 15 and 25 percent.
In addition, customers can expect to settle their debt from two to four years. However, this also varies according to the amount you save per month.
Additionally, they claim that you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also differ based on your specific situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while the majority of companies charge 25 percent.
Then, if you’re done with the debt settlement program you may join their credit repair program.
It’s a great option to rebuild your credit score without having to go into debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into any violations by creditors with the help of their own experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . So if you’re trying to improve your standing on credit scores, you could set you back while you’re getting rid of your obligations.
CureDebt also doesn’t have a mobile app available. While they do have a website for clients, it looks old and mundane. It’s not very intuitive, and it can be difficult to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more for these types of services. Moreover their 20% service charge is less expensive than the majority of businesses that charge an additional 25% charge. There are no upfront payments and you’ll only have to pay the fee when the debt is settled.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app that would make it easier to monitor your performance.
They do have a good support team, and you can reach them not only through emails but also via phone or submitting an electronic ticket. Curaden Schweiz
If credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services they provide are in your area.
FAQ Curaden Schweiz
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief to aid you in dealing with problems such as delinquent payroll tax and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down the amount of debt you have over time.