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CuraDebt Review: Get Help Without Upfront Fees

If you’re seeking debt relief, you should choose a company that is aggressive when negotiating with creditors, transparent about its fees, and experienced in providing good customer service. CuraDebt checks all the boxes.

CuarDebt Review
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Diverse service offering
Diverse service offering
Free tax relief consultation
Free tax relief consultation
Low minimum debt requirement
Low minimum debt requirement
Trustworthiness and stability
Trustworthiness and stability
Lindsay Frankel
Written by:Lindsay Frankel
Personal Finance Expert

Keep in mind that debt relief can be risky and damage your credit. You should learn about your options for nonprofit credit counseling as well. But if you’re facing bankruptcy, debt settlement can be an alternative. CuraDebt has more than 21 years of experience negotiating with creditors and receives excellent customer service reviews. Their experts may be able to help you reduce or even eliminate some debts. Find out more about how the process works in our CuraDebt review.

Editor’s Note (Warning)

There’s no guarantee that a debt relief company like CuraDebt will be able to reduce the amount you owe, and these companies charge high fees for their services. Some creditors won’t negotiate with debt relief companies at all, while others have predetermined payment plan options that would be available to you if you called on your own. What’s more, debt relief companies generally negotiate with creditors by allowing you to go into default first, which can destroy your credit. But if you want to pursue the most aggressive option despite the risks, CuraDebt is a legitimate debt relief company that doesn’t charge upfront fees for its services.

Summarized Rating

This parameter considers service offering breadth, geographic reach, and minimum debt level requirements. Each of these features was evaluated using the five-point scoring system. Then, the various scores were aggregated and averaged to establish an overall services and solutions score.

CuraDebt has a best-in-class 4.7 for Services and Solutions. This reflects its diverse service offering, extensive geographic footprint, and very lenient minimum debt requirement.

CuraDebt Pros and Cons

CuraDebt Pros
Excellent reviews with the BBB and other third-party sites
No upfront fees or monthly maintenance costs
Free consultation with no obligation
Access to a network of local attorneys
Free credit restoration upon completion
Available to customers with as little as $5,000 in debt
Member in good standing of the AFCC
CuraDebt Cons
Charges about 20% of the total enrolled debt
Not available in select states
Causes damage to your credit score

Types of Debt Covered by CuraDebt

CuraDebt doesn’t work with federal student loans, government loans, or some credit union accounts. Asset-backed loans are also not eligible for relief. But the company can help with both tax debt and unsecured debt, such as the following:

  • Credit card debt
  • Personal loans
  • Payday loans
  • Private student loans
  • Medical bills
  • Utility bills

CuraDebt Services

CuraDebt starts with a free consultation to ensure you are eligible. You can then enroll in the company’s debt settlement program, which includes debt negotiation with your creditors. CuraDebt also offers a debt relief program for tax debt. You can qualify with as little as $5,000 in unsecured debt or tax debt. The company doesn’t operate in all states, so residents of CT, HI, ID, KS, LA, ME, MT, NH, NV, OR, SC, TN, UT, VT and WV won’t be eligible.

CuraDebt claims that customers who stay with the program are able to realize a 50% reduction in their debt before fees, or a 30% reduction after fees, but it depends on the individual. The process typically takes between 24 and 48 months.

Breadth of services offering Debt settlement and tax relief
Extent of Geographic Presence Available in 35 states
Minimum Debt Required $5,000
Average Time for Relief 24-48 months
Average Relief Amount 30% after fees

CuraDebt Costs and Fees

CuraDebt doesn’t charge any upfront fees, and you should beware of companies that do, since the practice is illegal. As each settlement is reached, you’ll pay a fee when you accept it. The total performance fees are typically around 20% of the total enrolled debt amount. While some debt relief companies offer a money-back guarantee if they are unable to settle any of your debts, CuraDebt doesn’t disclose a formal policy. The company also doesn’t disclose its cancellation policy online, but debt settlement companies are legally required to inform you that you can withdraw from the program at any time without penalty.

Upfront Fees None
Settlement/Performance Fees 20% of enrolled debt amount
Other Fees None
Cancellation Policy Withdraw at any time
Money Back Guarantee Policy Not Disclosed

CuraDebt Customer Experience

  • Website Extensiveness and Usability: CuraDebt discloses its fees online and maintains a professional website with useful information for customers, but certain details and disclosures are left out, such as the company’s cancellation policy.
  • Call Center Support: CuraDebt offers extended customer service hours on weekdays between 9am and 8pm EST and Saturdays between 10am and 2pm EST. If you live in the Hollywood, Florida area, you can even schedule an in-person consultation.
  • Multi-Channel Support: You can email at any time, but the company doesn’t have a social media presence, a mobile app, or live chat support, so options are relatively limited.
  • Supplemental Support: There’s a client dashboard you can use to view your account details, and an FAQ section answers the most pressing questions, but there are relatively few educational articles, calculators, and other tools available to help potential customers understand the outcomes of debt relief.
  • Mobile Technology: CuraDebt doesn’t offer a mobile app, but the website is optimized for mobile devices.

CuraDebt Trustworthiness and Stability

CuraDebt was established in the year 2000 and is headquartered in Hollywood, Florida. The company is a member in good standing of the American Fair Credit Council (AFCC) and an Accredited Service Center by International Association of Professional Debt Arbitrators (IAPDA). Additionally, the company is a member in good standing with the U.S. Chamber of Commerce. CuraDebt is also a member of HONESTe Online, the Online Business Bureau, and the Netcheck Commerce Bureau.

The CuraDebt tax team has over 100 years of combined experience, while debt relief counselors come from diverse backgrounds, including some CPAs. The company reaches thousands of settlements each year and provides several examples online. CuraDebt has helped more than 200,000 people find relief from debt.

Years in Business 22
Customers Serviced  200,000
Certifications and Memberships AFCC
U.S. Chamber of Commerce
Online Business Bureau
Netcheck Commerce Bureau
HONESTe Online

CuraDebt Consumer Reviews

CuraDebt has excellent reviews from customers, with a 5 out of 5 star rating from the Better Business Bureau and ConsumerLobby, a 4.9 out of 5 star rating from ShopperApproved, and a handful of mostly positive reviews on Trustpilot and ConsumerAffairs. People say the debt counselors are friendly, professional, and responsive to work with. Many customers also note that their debt was resolved, and that the savings covers the fees. Even reviewers who didn’t have success with other companies saw savings with CuraDebt. We couldn’t find any CuraDebt negative reviews.

CuraDebt Compared to Other Companies

When comparing CuraDebt vs National Debt Relief, Accredited Debt Relief, and Freedom Debt Relief, there are a couple of differences worth noting. CuraDebt has the lowest minimum debt requirement, which makes it ideal for borrowers who don’t have enough debt to qualify for other programs.

However, the other three companies have explicit money back guarantee policies. For example, with Freedom Debt Relief, if the total cost to settle your debt with the company’s fee is more than what you owe, you’ll be eligible for a refund up to the total cost of the fee. With all debt relief companies, however, you have the legal right to withdraw your money without penalty at any point during the process.

CuraDebt Accredited Debt Relief Freedom Debt Relief National Debt Relief
Minimum debt required $5,000 $10,000 $7,500 $7,500
Fees 20% of enrolled debt 15% to 25% of enrolled debt 15% to 25% of enrolled debt 15% to 25% of enrolled debt
Money Back Guarantee Policy Not Disclosed Yes Yes Yes
Average Relief Amount (Before Fees) Up to 50%  Up to 50% Up to 50% 30% to 50%

Final Thoughts

Consumer protection agencies generally recommend staying away from debt settlement companies and pursuing credit counseling instead. But ultimately, the choice is yours. You may feel the risks and damage to your credit are worth the additional savings. If that’s the case, CuraDebt is one of the reputable companies you can choose from. The company offers a low minimum enrollment amount, has decades of experience in the industry, and employs expert debt counselors with a variety of financial backgrounds. And the company has a dedicated tax team for customers dealing with those specific concerns. What’s more, customers rave about the service they receive from CuraDebt.

Frequently Asked Questions(FAQ)

Is CuraDebt a Good Company?

CuraDebt is a reputable company that charges transparent fees as your debts are settled, rather than illegal upfront fees or monthly program fees. The excellent customer service reviews on third-party websites indicate that most customers have a positive experience working with the company. Furthermore, CuraDebt is a member in good standing of the AFCC and the U.S. Chamber of Commerce. The company is also accredited with the IAPDA and the BBB.

How Does CuraDebt Work?

CuraDebt starts with a free consultation. Once you enroll in the debt settlement program, CuraDebt will ask you to make monthly deposits or contribute a lump sum to a special purpose account. You’ll stop making payments to your creditors, which may result in credit damage and even lawsuits. While you’re saving, CuraDebt will look for creditor and collector violations they can leverage to get you a reduced balance or cash award. The company will then negotiate with your creditors on your behalf in an attempt to settle your debt for 50% of what you owe. After each creditor accepts the offer and you accept the settlement, you’ll pay the associated commission. The program typically takes 24 to 48 months to complete.

Lindsay Frankel

Lindsay Frankel

Personal Finance Expert

Personal finance expert with 3 years experience specializing in researching, writing, and editing insurance, loans, and credit cards content

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