Has your debt been increasing lately? Are you burnt out from trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because tried every thing.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they are able to help or help you get into more debt.
According to their clients they can assist you in managing 80percent of your debt so that 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 assist you in paying off your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
Before you begin the review, you can watch this video instead if you prefer 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’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Curadentis
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a part 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 limited their access to their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. They also provide other services that can assist you in becoming financially stable.
It all begins by requesting a free savings estimate on the internet. It is a completely private service and they will not be conducting a credit screening. With this savings estimate you’ll be able to learn more about your alternatives to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as 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 the debt settlement program, CuraDebt will be the company to answer all of your creditor’s calls. They’ll be the ones who determine conditions of the payment based on the status of your financial situation. Based on what works most effectively to you, this could either be a lump sum settlement or an installment plan.
Moreover they will be working with lenders to help you get better rates when you make deposits to your savings account. This, is then processed to pay off creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve registered with them, they will provide you with access to your information 24/7. All you have 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. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes medical bills, personal loans credit cards, and also lines of credit. They are also able to settle any outstanding balance of business debt, collections, or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance for the majority of your lawsuits, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with 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 the violations of creditors so that you can have cash settlements, if they are possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you pay off debts with less than the amount you have. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The most appealing aspect of the program is that you only be charged after your debt has been settled. All you need to sign up for any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
With this program, you’ll be able to deal with the various types of tax problems like garnishments on wages and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount that you’ll have to pay.
They have different solutions for paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their forte but they aren’t able to provide all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They won’t be able to help you if the loan or debt is linked to a physical item.
If, however, you are in the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without difficulty. Furthermore, this 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 these kinds of problems.
CuraDebt will also help you resolve your medical debt. In certain cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students with negotiating any student loans that they owe.
Personal and payday loans are also eligible to be eligible for debt relief programs. You can also avail the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What will it cost you?
The best part about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Additionally, they do not charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of industry can charge anywhere from 15% to 25 percent.
Moreover, clients can expect to settle their debts within two to four years. However, this also varies depending on the amount that you are able to save each month.
They also claim that you can save up to 30% if you include their fees in your equation.
However, this statement will depend on the situation. Some customers have even talked about saving 50% to 80percent.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Additionally they only charge an amount of 20%, while many companies charge 25%.
If you’re finished in the process of debt resolution, you may also sign up for their credit restoration program.
It’s a great option to rebuild your credit score without going into debt again. However, the program runs differently for each person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any violations of creditor with the assistance of their experts in-house.
The drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. So if you’re trying to increase your rating on your credit, this may delay you from finishing your credit card debt.
CureDebt doesn’t even offer a mobile application. While they do have a client website, it looks outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you settle your debt without spending more on those types of services. Additionally the 20% service fee is lower than many businesses that charge the 25% cost. There are no upfront payments and you’ll only have to pay when your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app, which will make it easier to track your performance.
They do have a great support team that you can contact them not just via email but by phone or by sending an e-ticket. Curadentis
If your credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs they provide are in your state.
How long does it take to complete the program?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt provides tax relief programs that will help you with problems such as late payroll taxes and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to lower the amount of debt you have over time.