(Newswire.net — January 14, 2015) — The cost of living is not getting cheaper and most people understand this from the average costs of living in the previous years. In the first four months of 2014 the cost of bacon alone went up 35%. From the year 2010 to about April of 2014 the cost of coffee rose 31%. In order to stay healthy or treat illness Americans spent a total of $263 billion on prescription drugs in relation to 2007 in which $236 billion was spent. Going into 2015 is not much different. Buying groceries will only get more expensive as the cost of red meat is expected to rise 5%, eggs up to 40% depending on where you live, and coffee islooking to continue its raising prices due too Brazil suffering from a severe drought in 2014. Providing dinner for your family will not be the only issue as Americans are expected to spend up to 8% more on health care combined between insurance premiums and other out of pocket costs. To insure that you are going to need a pay raise, major cable providers have announced price raises to insue for the year of 2015. And to top it all off electricity bills are also rising with Massachusetts residents paying an additional $33 dollars a month and California’s Pacific Gas & Electric Co. will charge customers about 6% more this year.
These or only some examples that are leading more and more people into debt. With the United States government debt rising from $5,674,178,209,886.86 on September 30, 2000 to 17,824,071,380,733.82 on September 30, 2014 it is no wonder the average household debt is where it is. The average credit card debt is $15,611; student loan debt is $32,263; and average mortgage debt $155,192. In total American consumers owe $11.74 trillion in debt. That is a 3.3% increase from last year and it is only rising.
With so many people in debt and in so much debt most are looking to debt relief partners for help. The problem is, who can you trust? When searching for the correct company you want them to be dependable, have low costs, and a plan that you can actually understand and get behind. According to the Better Business Bureau, Top Consumer Reviews, 5 star reviews from customer testimonials, and much more backing; Curadebt is the company to go with. Curadebt, formed in 2000, has grown to be one of the leading firms in the country and is one of the oldest and most experienced. Best of all they will give you a free debt analysis/saving estimate.
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