Are you experiencing debt that has been increasing lately? Are you tired of trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because been through everything.
In most cases, the most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people have been inquiring whether they are able to help or help you get into more debt.
According to their clients they can assist you in managing 80% of your debt so that you are able to take few things off of your plate.
However, for certain people the claims seem too good to be true.
You might be looking for any solution that could aid you in settling your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of the way CuraDebt works and what problems it could help solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, watch this video instead if you prefer to watch 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company How To Settle Debt Lawsuit
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most popular feature. However, they also offer other services that will assist you in becoming financially stable.
First of all, it begins by requesting a free savings estimate online. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings, you will discover more about options towards debt-free.
Savings estimates, as we’ve mentioned before, gives you an insight into your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration if you decide to join. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program, CuraDebt will be the one to handle all of your creditor’s calls. They will also be the ones that negotiate what you will pay for your repayment depending on the condition of your financial situation. Based on what works best for you, it can either be a lump sum settlement or an installment plan.
Additionally they will also work with lenders to help you get better rates when you deposit money to your savings account. This, in turn, will process to pay back the creditors. Their plans can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll give you access to your information 24/7. All you need to do is log in to CuraDebts’ client portal to track your development.
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 need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle most types of debt. This includes personal loans, medical bills credit cards, and lines of credit. They can also be approached to settle any outstanding balance of business debt and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get assistance for the majority cases, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations in order to get cash settlements, if they are possible. Some violations can also result in having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the amount you own. They also allow you to ask questions during their free meeting with their debt counsellor.
The greatest benefit of their plan is that you only be charged once your debt is settled. All you have to sign up for some of their programs and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial records They will also gather all the paperwork you’ll need to file tax returns.
Through this program, you will be able to deal with the various types of tax problems such as wage garnishments, tax penalties, personal and business taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs also. They only offer flat-fee prices and is dependent on the amount that you’ll have to pay.
They have different solutions for the settlement of your tax debt. Here are 6 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 help you with?
Although debt settlement is their specialty however, they do not offer all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to help you if the debt or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle taxes that are due without any issues. Additionally, this service is offered to all 50 states in the event that you owe money towards the IRS. There are federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some instances you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students negotiate the student loans they owe.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from another financial institution or bank.
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.
What is the cost?
The greatest thing about CuraDebt 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.
Also, they don’t have high-cost costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25%.
Additionally, customers can anticipate to settle their debt from two to four years. But, it also differs in relation to the amount you are able to save each month.
They also claim you can save as much as 30% by incorporating their costs into your calculations.
However, this statement will vary, depending on your situation. Some clients even mentioned saving 50% to 80percent.
Advantages to using CuraDebt
Now that you have a clearer picture of what CuraDebt can offer you let’s explore the benefits of using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. In addition, they only charge 20% of the cost, whereas many companies charge 25 percent.
Next, if you’re done in the process of debt resolution you may enroll in their credit repair program.
It’s a great method to improve the credit rating without having to go into debt again. The program is however designed different for every 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 be looking into any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with the credit card you use. If you’re trying to improve your credit score, it might delay you from getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access but it’s old and mundane. It’s not very user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more for these types of services. In addition the 20% service cost is cheaper than most companies that offer a 25% fee. There is no upfront payment, and you will 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 simple to navigate. CuraDebt does not have an app yet, which will make it easier to look at your progress.
But, they do have a great support team that you can contact them not just via email but by phone or by submitting an e-ticket. How To Settle Debt Lawsuit
If the problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services they provide are in your state.
FAQ How To Settle Debt Lawsuit
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt provides tax relief programs to aid you in dealing with problems like delinquent tax and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down the amount of debt you have over time.