CuraDebt or Curadebt Systems is a company that has been online since 2000. The company focuses on helping people nationwide avoid bankruptcy through two programs. Consumers may opt for a debt management or debt settlement plan, depending on their financial situation and type of debts.
This debt negotiation company is a member of the American Fair Credit Council (AFCC), formerly known as TASC, and IAPDA (The International Association of Professional Debt Arbitrators) two organizations that regulate the debt settlement industry.
They are not a member of the BBB and have no BBB Rating. There are 1 complaint closed with BBB in last 3 years, 0 closed in last 12 months. Currently, there are 6 customer reviews reported, which consists of 5 positive experience and 1 neutral experience.
How CuraDebt Works
You can ask a free online savings estimate by filling out a form. This will be confidential and doesn’t involve a credit check. You can find out about your best debt reduction options without any obligation to do business with them.
They assign an experienced financial counselor to each client that enrolls in their debt relief program. The support team includes lawyers, financial advisers, lenders, credit arbitration experts, and psychologists. This team has experience in making settlements or negotiating terms on both financial and legal issues.
When you enroll in a debt settlement program the firm will immediately handle all your creditors’ calls. Based on the amount of your funds they will negotiate the best payment terms with your unsecured lenders.
As they have good relationships with creditors, law firms and collection agencies they can negotiate lump sum settlements or payment plans that work in your favor.
CuraDebt is a reputable company that gets paid based on a percentage of successful negotiation results that include, but not limited to, reducing interest rates, late and over-limit fees.
They even guarantee that the total amount paid back to all creditors — including their service fees — will be less than the total amount due to the creditors upon entering the program or their services are free.
If you have a lump sum, they can help you get a huge debt reduction through volume. Instead of just settling $10,000 account, they can potentially be looking at $700,000 plus of debt. This means savings to clients.
On their website you will find debt settlement and negotiation letters with reductions from 50% to 89%.
Curadebt is a for-profit company that doesn’t guarantee to reduce your debt at any specific percentage.
Their program works, but the results may vary as the process is subject to factors that neither you nor the agency may be able to control. Also, failing to complete a debt settlement plan is likely to cause a negative effect on your credit, at least temporarily.
Because there is no single solution for different type of debt problems, you have to check all of your options before enrolling in their debt settlement plan.
Is CuraDebt Right for You?
We have been watching this debt relief company since early 2007. Over the years CuraDebt has grown bigger through offering different services for consumers and small businesses.
They add debt consolidation, tax debt relief and bankruptcy related services, but debt settlement and debt negotiation are still their main expertise.
There are many testimonials from customers who are finishing their program debt free, despite a few negative reviews or complaints on ripoffreport.com. This is probably the reason they are still in existence today.
If you have unsecured debts totaling $7,500 or greater and you want to be sure you get the best plan, send your details to get a Free, No-Obligation Debt Evaluation or call 1-877-850-3328 from 9 am to 9 pm Monday to Friday EST or 10 am to 3 pm Saturday EST.
A counselor will respond to you with a custom plan and you will be able to ask as many questions as you like, especially the fees and results you can expect, to see if they’re actually good for you. And after that, you do decide whether to go ahead using their service or not.
P.S.: Curadebt do not operate in all US states. Before contacting the company make sure they operate in your state because the following states are excluded: CO, CT, GA, ID, IL, KS, ND, NH, SC, VT, WA, WI, WV, PR and VI.