CuraDebt: A Solid Reputation
A debt negotiation and settlement company boasting an impressive 180,000+ customer base since its launch in 2000, CuraDebt offers savings and relief to customers in all kinds of financial difficulty.
Below, we take a look at the Good, Bad, and Bottom Line of CuraDebt to see if the reality matches up to the impressive promises.
CuraDebt: The Good
- Range of debt consolidation and management services
- Quick replies and solid customer service
- Accredited by both the IADPA and the AFFC
CuraDebt is well-established amongst its customer base and some of the more respectable accrediting bodies in the world of lending.
Areas where CuraDebt Excels:
Range of debt consolidation and management services
With decades of experience in the industry, CuraDebt has a team of specialists providing advice and direct assistance with a variety of debts. This includes legal tax advice, debt renegotiation, consolidation, and relief. All of its services are highly rated in a variety of review sites.
Quick replies and solid customer service
A large part of the reputation it enjoys is undoubtedly due to the quick, clear correspondence and the friendly, helpful nature of the team.
Accredited by both the IAPDA and the AFCC
It sports not one, but two accreditations from industry bodies. The International Association of Professional Debt Arbitrators (IAPDA) trains team members in customer protection and best practice. However, the American Fair Credit Council awards a harder-to-earn accreditation that many competitors lack, awarding them based on principled, fair lending practices.
Summary of The Good:
With clear practices, a solid reputation, and a wide area of expertise, CuraDebt represents a perfect example of a good debt management service on the whole.
CuraDebt: The Bad
- Ongoing account maintenance fee
- Only offers help with certain debts
- Not rated by the BBB
For the above-average standard of service, a consumer would be wise to expect some extra caveats to come with it.
Areas where CuraDebt Could Improve:
Ongoing account maintenance fee
Alongside the regular charges, CuraDebt imposes an account maintenance fee, which goes into providing an electronic account of the services provided. While this means more regular, easily available updates, its a fee that many competitors dont charge.
Only offers help with certain debts
CuraDebt isnt available for debts under $10,000, or to customers in the following states: CO, CT, GA, ID, IL, KS, ND, NH, SC, VT, WA, WI, WV. Furthermore, it doesnt offer help with lawsuits, utility bills, mortgages, student loans, and other types of debt.
Not rated by the BBB
Contrary to what is stated on the website, it has no current ranking with the Better Business Bureau. This may be a recent oversight, but customers might be inclined to be more cautious with companies not ranked by the BBB.
Summary of The Bad:
A cost that might seem unnecessary, a limited scope of clientele, and a lack of support from the widely-trusted BBB site might weigh down the previously mentioned benefits of CuraDebt.
CuraDebt: The Bottom Line
CuraDebt is one of the more recommendable of debt management and relief services available. While its not available to all, and it might carry some extra costs, the long-standing reputation with its customers and the variety of expert advice available does make it worth considering regardless.