Have your debts been piling up lately? Are you burnt out from trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debt , so you are able to take few things off of your plate.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before you begin the review, watch this video instead for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you continue, you may want to watch 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 of CuraDebt.
About the Company Curadentis Berlin
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. They also provide other services that can help you be more financially secure.
The process begins with requesting a free savings estimate on the internet. The service is completely confidential and they will not be doing a credit check. With this savings estimate you’ll be able to learn more about your options to debt-free.
Savings estimates, as we’ve mentioned before, gives you an idea of your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program, CuraDebt can be the agency to take care of all the calls from your creditors. They’ll be the ones who will negotiate what you will pay for your settlement depending on the condition of your financial situation. Based on what works most effectively to you, this could be either a lump sum settlement or an installment plan.
Additionally they will be working with the creditors so that you can get better rates when you deposit money to your savings account, which is then processed to pay creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve registered with them, they’ll provide you with access to your data 24/7. All you have to do is login to CuraDebts Client Portal to monitor your performance.
Before you are able to avail 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
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards, as well as line of credit. They are also able to pay off any remaining amount on business debts collection, repossessions, or collections.
They may also assist in negotiating for back taxes and IRS debt. But, you won’t receive support for most of your lawsuits, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can 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 the violations of creditors so that you can have cash settlements, if possible. Some violations can also result in having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. You can also inquire about your debt during their no-cost meeting with their debt counselor.
The best part about the program is that you will only pay the fees when your debt is paid off. All you need to sign up for some of their programs and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you’ll be able to solve various tax issues such as wage garnishments as well as tax penalties for personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges either. They only use flat-fee pricing and is dependent on the amount you have to pay.
They have different solutions for the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialty however, they do not provide all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They aren’t able to help you if the debt or loan is tied to a physical item.
If, however, you are in the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle taxes that are due without any problems. Furthermore, this service is offered across all 50 states, if you have a debt to the IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students in negotiating the student loans they owe.
Personal and payday loans are also eligible as debt-settling programs. You can also avail if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards CuraDebt can assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you settle each of your outstanding debts.
Additionally, they don’t charge high costs either. On average, you’ll be required to pay as much as 20% of the debt you settled with them.
On average, this type of industry can charge anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to pay off their debts in two to four years. However, this also varies in relation to the amount you can save up per month.
They also claim you can save as much as 30% when you factor in their charges into your calculation.
However, the claim may vary, depending on your situation. Some customers have even talked about saving between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. In addition they only charge a 20% fee while the majority of companies charge 25%.
Next, if you’re done by the program for debt relief, you can enroll in their credit repair program.
It’s a fantastic method to improve your credit without having to go back into debt. The program is however designed differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any violations by creditors using their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with . Therefore, if you’re trying increase your credit score, it could delay you from working on your debt.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients but it’s aged and simple. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more for these types of services. In addition the 20% service fee is cheaper than most businesses that charge the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is paid off.
Although they’ll give you an account to see your progress, their website is not user-friendly. CuraDebt isn’t even an app, which could make it easier for you to monitor your performance.
However, they have a competent support staff, and you can reach them not only through emails but also via phone or submitting an electronic ticket. Curadentis Berlin
If the credit card is a major problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the programs that they provide are offered in your area.
FAQ Curadentis Berlin
How long will it take to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt provides tax relief programs that will aid you in dealing with problems like delinquent taxes and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to reduce your debt over time.