CuraDebt Debt Settlement Company
The debt settlement company review is CuraDebt. They
specialize in helping clients reduce their monthly
credit card debt payments.
By just paying your minimum monthly payment on
your credit cards, you could end up paying that
payment for 20 years or more, depending on the amount
of debt you have!
"What is debt settlement?" To be precise, it
is a process of eliminating your outstanding debts.
You can reduce your
total debt amount during this process. We
engage in negotiation with your creditors on your
behalf and get you back on track to restoring your
credit. Debt Settlement is an attractive offer for
creditors that helps them get their money repaid
without spending funds for collection. That is the
reason most lenders are interested in the debt
negotiation process.
First we take information about your situation and
formulate a plan. We know how to work with creditors,
and we will be able
to steer you in the right direction even if debt
settlement is not the right option for you.
The process involves knowledge of the financial
system, so we negotiate with creditors over a period
of time, until we have a solution that is going to
work for you. The arrangement is designed to make it
possible for you to actually stay afloat and
restructure the credit building process.
With CuraDebt,
you will be able to be debt
free within 12-30months! You choose the
amount of months and payment plan that is right
for your budget. And one thing is for sure, that
monthly payment is going to be MUCH
less than you are paying your creditors
right now...
Like most debt
settlement companies, you
must have at least $10,000 in unsecured debt (not
just credit cards) to qualify for their debt
settlement program.
CuraDebt
is one of the nations best debt settlement companies (Canada too!) in
terms of years in business, clients served, and
overall customer satisfaction.
They offer a written
guarantee
Their service is 100%
Confidential
What
Are The Advantages Of Using A Debt Settlement Company?
The total U.S. revolving debt is estimated at 866
billion. The average American household has at
least 2 credit cards and carry an average balance of
around $15,000. With the APR (annual percentage
rate) averaging nationwide at 14.66% and higher
depending on credit score, consumer debt is spiraling
out of control.
As the cost of living keeps rising, incomes are not
keeping up. Plus, many consumers unfortunately
find themselves in serious debt due to poor use of
credit cards. Still others because of
circumstances beyond their control, medical emergencies,
personal issues etc...have to use credit to pay for
everyday expenses.
If you're in the same boat as millions of others, it's
time to cut up those credit cards and get help now
before things get even worse. Listen, this happens
to a lot of people just like you. It's not an
impossible situation to overcome.
Consider hiring the services of a debt settlement
company.
What Are The Advantages
Of Using A Debt Settlement Company?
Better
Alternative Than Bankruptcy
A debt
settlement company can negotiate on your behalf
with your creditors to get your current balances lowered
significantly. Typically these companies can get your
credit card company to remove late charges, back
interest and fees.
Bankruptcy is a difficult process that can take months
to complete. Debt settlement is a quicker process.
By getting your creditors to agree to accept less than
you owe, you will have a much lower monthly
payment. Consult with a bankruptcy attorney if
your situation is beyond the help that debt settlement
services can offer.
Put An End To Those
Phone Calls By Creditors.
When you owe money and have stopped making payments,
creditors can be relentless.These guys are like a dog
with a bone! Ugh! Once you hire a debt
settlement company, they will contact your creditors and
inform them you are seeking to settle your debt. They
will also inform your creditor that they are acting on
your behalf and all collection calls should be
redirected to them instead.
Most creditors would rather come to an agreeable
solution and get some amount of what is owed to them
instead of the possibility of getting nothing at
all.
Make One Payment
Once a debt settlement company has negotiated a reduced
balance with your creditors you will only have to write
one check instead of several. That one monthly
payment will then be distributed to each creditor.
The amounts for each will vary depending on the total
amount agreed to.
Of Course You Could
Negotiate With Creditors On Your Own But...
Unless you have a lot of experience in debt settlement,
you may want to rethink that idea. Here's the
problem, once a creditor has to start calling you
constantly for payment they are going to do everything
legally within their power to get what they are
owed. If you lack the negotiation skills and the
knowledge to deal with them on their level...you're
opening yourself up to frustration and possible legal
trouble. Why take that chance?
What You Should Know
About Debt Settlement Companies
There are many legitimate companies that can handle your
debt settlement case. Make sure the company you
choose has a track record and experience you can verify.
We have reviewed the top companies for you on this
website!
Fees
If a company wants to charge you a fee up front make
sure you know exactly what that amount will be.
There are also some that do
not charge you an up front fee. Instead, they
will not charge you until after they've negotiated a
debt settlement on your behalf. Even in this case,
you should be clear on what you will eventually be
charged.
Flat fee rates are very common. This is where the
company will charge you a percentage of the reduced debt
they negotiate for you. For example, if your debt
is $12,000 and they get it reduced to $5,000. If
they charge you 20% of the reduced debt amount, you will
owe them $1,000. Of course, if they don't get your
debt reduced significantly you will end up paying them a
higher amount of money.
There is also savings based debt
settlement programs. Basically the way
this works is a certain agreed upon amount is
automatically withdrawn from your bank account and
deposited into a trust account set up by the debt
settlement company.
Each month a set amount is taken for fees to the company
itself. The remaining funds remain. Once this
account has enough money available, they will negotiate
with your creditors to agree to accept a much lower
balance than you owe and are then paid in one lump sum.
It may take anywhere between 12 months to 3 years to
complete this kind of program.
In this article we've given you several answers to the
question...What are the advantages of using a debt
settlement company?
It's now up to you to make your decision. If
you've reached the point where you're afraid to answer
the phone. Or you dread going to your mailbox.
It's
time to get help.
Look into the services of a debt settlement company and
begin working towards a better financial future and some
peace of mind.
