Latest Posts
Home > Author Archives: Steve Rhode (page 17)

Author Archives: Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

What the California Debt Collector Doesn’t Want You to Know

bully

When consumers are first approached by debt collectors, the consumers have limited options: avoid the letters and calls; try to negotiate a settlement or payment plan; or go on the offensive and attack the collections agencies. Each has its strengths and weaknesses depending on the type of debt, who the creditor is, who the collections agency is and the financial ... Read More »

FTC Halts Elusive Business Opportunity

ftc

At the Federal Trade Commission’s request, a federal court has halted an elusive business opportunity scheme that allegedly conned more than $6 million from American and Canadian consumers. The FTC has alleged that the defendants falsely promised consumers that they could make money by referring merchants in their area to the defendants’ non-existent money-lending service. The court froze the defendants’ ... Read More »

I’m an Optometrist Trying to Eliminate My Student Loans. – Jennifer

Debt Consolidation Loan Approved Stamp Shows Consolidated Loans Agreed

“Dear Steve, Optometrist graduated in 1996, consolidated student loan debt with Sallie Mae shortly there after, HEAL loan at 9% interest fixed, other loan 4% Stafford? Been paying over 17 years on debt and am current. Also have about $30,000 in credit card debt unable to bring down, husband has about $30,000 as well. What can I do to consolidate ... Read More »

California Attorney Sentenced to Prison in Financial Services Action

mans hands behind bars in jail or prison

- Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), and André Birotte Jr., United States Attorney for the Central District of California, today announced that a Santa Monica, Calif., lawyer who was a partner at the Nixon Peabody law firm when he helped obstruct two separate investigations into an investment scheme that ultimately took $22 million ... Read More »

International Sweepstakes Scam Caught Consumers Unaware – Smacked

ftc

At the request of the Federal Trade Commission, a federal court has halted a massive sweepstakes scam that has taken more than $11 million from consumers throughout the United States and dozens of other countries throughout the world, including Canada, the United Kingdom, France, and Japan. The FTC seeks to permanently end the allegedly illegal practices that have continued for ... Read More »

I Filed a Chapter 7 Bankruptcy are My Student Loans Discharged? – TMD

Student Loan Corkboard Concept

“Dear Steve, I filed ch 7 in 2011 & was succesful. My student loan was listed under my debts discharged but not in the student loan area. If my student loan debt was discharged as a listing of all of my debt but not under the student loan section of the paperwork should I still have to pay it or ... Read More »

Sallie Mae Won’t Counter My Settlement Offer. – Lauren

Student Loan Corkboard Concept

“Dear Steve, I have Sallie Mae private student loans ($25,000 or so original loan was $11,000 or so) taken out back in 2004 for Culinary School, Have used all deferment and forbearance and have had quite a bit of being unemployed since, but I have a more stable job now and was trying to work everything out — it has ... Read More »

My Recording Arts Degree is Keeping Me From Love. – Ryan

hugs

“Dear Steve, I am a college graduate with $30,878 in Stafford Loans and $50,932 in private loans. Now I went to a for profit college and I also do admit that I didn’t take as much time as I should have in researching schools. I went to school for a degree in recording arts. Looking back I take full responsibility ... Read More »

Sallie Mae is Coming After My Son After His Co-Signer Passed Away. – Diane

Certain death

“Dear Steve, My father-in-law had co-signed sallie mae student loans for my son approximately seven to ten years ago My son has been paying interst only on these loans of 68,000 dollars. 40,000 dollars is the portion that was co-signed. In April of this year my father-in-law passed away and know sallie mae is telling us that this money is ... Read More »

How Can I Find a Student Loan Bankruptcy Attorney? – Katina

student loan default

“Dear Steve, Thinking about filing bankruptcy but I keep being told it will not cover student loans How do I find a lawyer that will help me file bankruptcy that will include my student loans? Katina” Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, ... Read More »

The Advocacy for Consumer Rights, TAFCR, Sues Consumer Reporter

odd

Update 3-26-2014 The court dismissed the case. THE ADVOCACY FOR CONSUMER RIGHTS LLC, a.k.a TAFCR, an Arizona foreign limited liability company, Plaintiff, V. STEVE RHODE AND JANE DOE RHODE; JOHN DOES I-X; JANE DOES I-X; ABC PARTNERSHIPS I-X; DEF LIMITED LIABILITY COMPANIES I-X; and XYZ CORPORATIONS Defendants. For their claims for relief against Defendants, Plaintiffs allege as follows: PARTIES, JURISDICTION ... Read More »

Best Buy, Target, and Walmart Text Spammers Settle With FTC

ftc

An affiliate marketing company and its two principals have agreed to settle Federal Trade Commission charges for allegedly sending out more than 42.5 million unwanted and deceptive text messages to consumers. The case is part of the FTC’s continuing crackdown on spam text messages and the settlement prohibits the defendants from sending unwanted texts to consumers, and from misleading consumers ... Read More »

Debt Settlement Mailer From Frisco, Texas Raises Alarms

Screen Shot 2013-09-16 at 4.19.28 PM

Well here is yet another version of a debt settlement mailer being sent out to consumers. This one comes from Wichita, KS postal permit 1148. The address of the sender is 2611 Internet Blvd, #021, Frisco, Texas 75034. According to the BBB that is the address for United Debt Services. They list David Melrose as the owner. Melrose is also ... Read More »

CFPB Anti-Scamming Regulation to Better Protect Consumers

scammer

A fascinating new paper out by Jean Braucher talks about the historical context of scamming and what history has taught us about why consumers are so easily scammed. “Nineteenth century American literary masters Edgar Allen Poe, Herman Melville, and Mark Twain (with co-author Charles Dudley Warner) all examined scamming in their largely pre-regulatory time. These authors made two prescient observations ... Read More »

I Have Stage 4 Colon Cancer and Student Loans. – Maria

'Cancer' highlighted in green

“Dear Steve, 2001 got private student loan grandfather co signed. Grad 2007 after a divorce and a child born in 2008 I had finical hardship. Ive paid on time in 2012 . 2013 diagnosed with stage 4 colon cancer im on full disability, my co borrower is now 87 and on ssa as well. Its 160 days past due. What ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.