Are you experiencing debt that has increased lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve 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 one of the most frequently contacted companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their clients, they can help you control the majority of your debt , so you are able to take few things off of your mind.
For some the claims seem too good to be true.
You might be looking for anything that can help you resolve your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt operates and what issues it can solve for you.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before starting the review, you can check out 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 watch 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 of CuraDebt.
About the Company Is Curadebt Legitimate
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. They also provide other services that will help you be more financially stable.
First of all, it begins with requesting a free online savings estimate. This service is very confidential and won’t be doing a credit check. With this estimate of savings, you will discover more about alternatives to be debt-free.
This estimate of savings, which was mentioned previously, offers you the opportunity to consider 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 help you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement plan, CuraDebt is the company to take care of all your creditors’ calls. They’ll also be the ones who negotiate the terms of your repayment in accordance with the state of your financial situation. Depending on which works most effectively your situation, the payment could be a lump-sum settlement or a payment plan.
Moreover, they will be working with creditors so that you can enjoy better rates when you make deposits to your savings account. This, in turn, will process to pay back creditors. The plans they offer can help you settle the debt within 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 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 help you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf for most types of debt. These include medical bills, personal loans, credit cards and also lines of credit. They are also able to settle any outstanding balance on business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. However, you won’t get assistance with the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of 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 will also help you identify creditor violations in order to get cash settlements, if possible. Some violations can also result in having your debts also dismissed.
CuraDebt lets you settle debt with less than the amount you own. You can also ask questions during their free consultation with their debt counselor.
The best part about the program is that you only be charged after your debt has been settled. All you need to do is sign up with some of their programs, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documents They will also gather all the paperwork you’ll need for tax returns.
With this program, you should be able to solve the various types of tax problems like wage garnishments and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges either. They only offer flat-fee prices and is dependent on the amount that you’ll have to pay.
They offer different options when it comes to paying off the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
While debt settlement is their specialty but they aren’t able to provide all kinds of settlement. CuraDebt is only focused on unsecured debt. They aren’t able to help you if your credit or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off your past-due tax debts without any issues. Additionally, this service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt will also help you resolve the medical bills. In some cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not offer federal student loans. They can however assist private students in negotiating any student loans that they owe.
Personal loans and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you have paid off all of your outstanding debts.
They also don’t charge high fees as well. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled through them.
On average, this type of industry can charge anywhere between 15% and 25 percent.
Moreover, clients can expect to settle their debt from two to four years. This varies depending on the amount that you are able to save each month.
They also claim you can save as much as 30% if you include their fees in your equation.
However, the claim may vary, depending on the situation. Some clients even mentioned saving between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done in the process of debt resolution you can join their credit restoration program.
It’s a great way to restore your credit score without going into debt again. However, the program runs different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any creditor violations with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using your credit card. Therefore, if you’re trying increase your standing on credit scores, you might cause you to delay working on your credit card debt.
CureDebt does not have a mobile app available. Although they have a client website, it looks old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more on these kinds of services. In addition, their 20% service charge is less expensive than the majority of firms that charge a 25% fee. There aren’t any upfront fees, and you will only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app, which would make it easier to look at your progress.
However, they have a good support team that you can contact them not just via email but also by phone or submitting an e-ticket. Is Curadebt Legitimate
If the debt is a big issue right now, we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Is Curadebt Legitimate
How long will it take to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that can 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 be required to communicate with the team and make the necessary payments to reduce your debt over time.