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There is no dispute about the fact that CuraDebt are one of the most well established and best known debt reduction companies in the US. This in itself is an important point in their favour, simply because it tells you that they are not one of the many fly by night rip-off companies that give some parts of the debt industry a bad name.
The fact that CuraDebt have been in business since 1996 is very reassuring, but the principle partners who formed the company at that time already had over 25 years experience in the industry. Debt settlement as a process is a relatively new concept, and the team who formed CuraDebt appear to have been among the first pioneers who developed this approach to dealing with debt. Their online service has been operating since 2000.
They are based in San Diego, California and their services can cover all states except CO, DE, GA, ID, KS, MS, MT, NJ, SC, WI and UT.
There are other distinct advantages that come with any company that has been in business for some time and which has a large number of customers. The main advantage for you as a potential customer, is that when CuraDebt negotiate with creditors for a reduction on your debt, they will have a lot more leverage. People tend to have debts with a lot of the same major creditors, so the negotiators at CuraDebt have very well established relationships with all of these. Rather than just talking to them about your own $5,000 bill, they may be negotiating for a combined debt of $500,000 with all the other customers too. This allows them to get a much better discount. So size does matter.
Visit the CuraDebt website.
The initial application process gets full marks for simplicity. You go to their website and complete a very basic enquiry form with your contact details and an indication of when it would be best to contact you. A CuraDebt advisor will then get in touch to go through your finances with you so that they can work out what kind of solution will work best for you.
This is an important stage of the process, because some debt companies will simply advise you to do whatever it is that will give them the best income, even if it could ultimately leave you worse off. CuraDebt offer a range of debt reduction solutions, so the analysis of your situation will determine which option they recommend.
Because CuraDebt also offer debt services for businesses, if your debt extends across personal and business areas, these can be evaluated and addressed together.
If you do proceed with a debt solution through CuraDebt, they will assign an experienced counsellor that you will deal with throughout the whole process. This person can offer emotional as well as practical support and advice. CuraDebt have a team supporting this process which includes lawyers, credit arbitration experts, financial advisors and psychologists. A network of local lawyers across the country are also on hand if legal advice should be required.
Visit the CuraDebt website.
CuraDebt claim to take a friendly approach towards the negotiation process with creditors, which is certainly sensible and likely to achieve the best results. They will present their customer as someone who wants to address the problem in an honest way, but does not have the money to repay the full amount. This approach does make for a smoother journey through the debt reduction process.
All debt settlement companies want to be paid for their work, but a major plus with CuraDebt is that they are paid on a commission basis, so they only get a percentage of the amount they manage to save you. This means that they have a strong incentive to get you the best results, and most importantly, it is impossible for you to end up worse off.
Curadebt are very unusual in offering a written guarantee of results. This is a sign of integrity and confidence in results. They guarantee that if the total amount paid back to creditors and in fees to CuraDebt is not less than the total of your debts when you started, they will not charge you for their services.
This is very important because when you enter into a debt program with any company that does not offer something like this, you are risking coming out of the program with more debt than you started with, which is exactly what has happened to some people. The worst scenarios are when people enter debt settlement programs, pay up front fees without any guarantee of results, then the settlement company do not achieve the results they promise. The company still keep their fees but you get no debt reduction, so you are worse off.
Some settlement companies will accept offers of settlement from creditors without reference to you, but CuraDebt will always ask you to approve any final settlement, and offer you appropriate advice based on your particular circumstances.
Visit the CuraDebt website.
This is a small sample of the huge number of testimonials CuraDebt have received from happy customers.
"I tried to keep my failing business going by using my personal credit cards and by the time I pulled the plug, I had about $107,000 in credit card bills to pay. CuraDebt was able to reduce the balance to about $40,000 and I was able to pay it off in about 23 months. Thanks again for the great work!"
Ronald & Patty Bennett, NY (saved over $55,000)
"This letter is written to certify that CuraDebt has helped me through my financial deficit by cutting it over 60%, and saved my practice. I highly recommend their company to everyone in need. The staff are fantastic, honest and responsible. They gave me the best service available. I felt so blessed to find such a friend in my account representative, and a company in which I can depend on to help with all my financial needs."
Dr. William O., IL
"I highly recommend CuraDebt for anyone who wants to end the stress of having creditors calling at all hours and eliminate his/her debts without filing bankruptcy. We had been doing very well, and during 2000, had a lot of money and net-worth due to the stock market. However, when the stocks crashed, we struggled trying to make our debt payments and were getting nowhere. The stress was becoming unbearable. CuraDebt comforted us through the process and we were able to settle our debt for about 30% of the balance in less than 27 months. We could never have done it without you! Thanks again!"
Ann Marie and William Powell, AZ (saved over $44,000)
Visit the CuraDebt website.
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