Are you experiencing debt that has been increasing lately? Are you exhausted from trying other financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of people are asking if they can assist you or put you into more debt.
According to their clients they can help you manage the majority of your debt , so you are able to take couple of w
orries off your mind.
For some, these claims are just too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its advantages and drawbacks.
Before you begin the review, watch this video instead if you prefer 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. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Lending Tree Vs Curadebt
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. But they offer other services that can assist you in becoming financially stable.
The process begins by requesting a free online savings estimate. This service is very confidential and they will not conduct a credit inquiry. By using this estimate of savings you’ll be able to be able to learn more about the other options in your journey towards debt-free.
The savings estimate, as mentioned previously, offers you the opportunity to consider your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the agency to answer all of the calls from your creditors. They will also be the ones who will determine the terms of your repayment in accordance with the state of your finances. Depending on which works best for you, it can be either a lump sum settlement or an installment plan.
Furthermore they will also work with creditors so that you can enjoy better rates when you make deposits to your savings account. This in turn, will be processed to pay back the creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you need to do is log in to CuraDebts’ client portal to 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
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for all kinds of debt. They can help with personal loans, medical bills, credit cards as well as loans. They are also able to pay off any remaining balance on business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance with the majority cases, loans from the government as well as collateral and utility bills. The same goes for 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 creditor violations to ensure that you receive cash settlements, should it be possible. Some violations can also lead to having your debts also dismissed.
CuraDebt lets you settle debt with less than the amount you own. You can also inquire about your debt during their no-cost meeting with their debt counsellor.
The most appealing aspect of the program is that you’ll only be charged after your debt has been settled. All you have to do is sign up with any of the plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documents and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you will be able to solve different types of taxes such as wage garnishments and tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices and is dependent on the amount you’ll need to settle.
They offer different options when it comes to paying off taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty, they don’t cater to all types in debt resolution. CuraDebt is only focused on debt that is not secured. They can’t help you if the credit or loan is tied to an actual item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without any issues. Additionally, this service is available to all 50 states in the event that you owe money towards the IRS. There are federal tax experts that can help you resolve the 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 have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students with negotiating any loans they owe.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines that you have 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 or private label credit cards CuraDebt will help you pay it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you have paid off all of your outstanding debts.
Additionally, they do not charge high costs either. On average, you’ll have to pay as much as 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere between 15 and 25%.
In addition, customers can expect to settle their debt from between 2 and 4 years. This varies according to the amount you save per month.
Additionally, they claim you can save up to 30% by incorporating their fees in your equation.
However, the claim may differ based on the situation. Some customers have even talked about saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done by the program for debt relief, you can also sign up for their credit repair program.
It’s an excellent way to restore your credit without going in debt again. However, the program runs different for every person, depending on your situation.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any violations by creditors with the help of their in-house experts.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop paying with the credit card you use. Therefore, if you’re trying increase your credit score, it might set you back while you’re finishing your debt.
CureDebt doesn’t even have a mobile app. While they have a website that clients can access but it’s outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on these kinds of services. In addition the 20% service charge is lower than many firms that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is paid off.
Although they’ll give you an account that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to monitor your progress.
However, they have a great support team that you can contact them, not only via emails but also by phone or making an electronic ticket. Lending Tree Vs Curadebt
If the problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Lending Tree Vs Curadebt
What is the time frame to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief to help you with problems such as late payroll tax issues 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 lower the amount of debt you have over time.