Latest Posts
Home > Author Archives: Steve Rhode (page 19)

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.

I Paid Macy’s But They Sent Me to Collections. – Matilda

Mature woman confused

“Dear Steve, In March 2013, I purchased $74.98 with a brand new Macy’s Star Rewards card. They sent a statement, I paid the full amount, on time, in their enclosed envelope. They claim they never got the check and pressured me to pay by credit card over the phone. Since they had called me, I declined. Then they sent me ... Read More »

FTC Slams Phony Payday Lender to Ground

ftc

At the request of the Federal Trade Commission, a U.S. district court has halted a Tampa, Florida-based operation that promised to help consumers get payday loans. Instead of loans, the defendants used consumers’ personal financial information to debit their bank accounts in increments of $30 without their authorization, the FTC alleged. Claiming to be affiliated with a network of 120 ... Read More »

I Have Loads of Student Loan Debt Buy No Degree. – Shane

black-hole

Dear Steve, I went away to school my freshman year for college. I transferred to 4 more schools and have yet to obtain a degree. I’ve been taking a class here and there, sometimes dropping the class. That freshman year, I had a private student loan (Lehman brothers, soon to be bought out by Wells Fargo). I work full time ... Read More »

Direct Student Aid Commercial Catches My Attention

Screen Shot 2013-08-27 at 1.03.01 PM

A recent commercial for Direct Student Aid caught my attention. It seems the company is advertising it can offer some sort of special help for people who are having student loan problems. A secret shopper call, which you can hear below, found out the company charges between $799 to $999 for a service consumers can get for free from their ... Read More »

After a Previous Bankruptcy We Are Still Drowning in Sallie Mae Student Loans

Drowning swimmer

Dear Steve, A few years ago my husband & I filed for chapter 7 BK & it was discharged (2008). We were told that we couldn’t include our huge private student loan ($68,000) at that time by our attorney. Our private student loan is actually a Sallie Mae “private student consolidation loan” that we stupidly rolled my husband’s federal student ... Read More »

Start Being Freaking Awesome

calm

I got some bad news for you. Life is a one way trip. If you are bored or not satisfied with your life, don’t waste it complaining. Take action. Do something. Be awesome! Big Hug! Get Out of Debt Guy – Twitter, G+, Facebook Read More »

Well Done Debt Settlement Solutions

connecticut

Debt Settlement Solutions, a Florida company, had been previously contacted by the State of Connecticut about operating without a license. Usually these things end badly but in a rare occurrence it looks like one company, Debt Settlement Solutions, This situation shows how flexible state regulators can be when debt relief companies participate in the process. According to the State, “By ... Read More »

Independence Law Group Slapped by Connecticut

connecticut

The Connecticut Department of Banking has announced Independence Law Group has engaged in acts or conduct, violating the laws of the state regarding debt adjusters and debt negotiation. The company was ordered to cease and desist and was imposed a civil penalty of $100,000. According to the State, “On July 11, 2013, the Order and Notice sent to Respondent’s agent ... Read More »

Vanguard Consumer Solutions New Effort by Jeffrey Hyslip & Macey

Travelers Reflection

A tipster (send in your tips here) let me know about a website for Vanguard Consumer Solutions called FDCPA Help at fdcpahelp.com (ownership hidden). For those not familiar with Hyslip he was part of the Legal Helpers Debt Resolution debt settlement company that was the focus of a number of complaints. Apparently Hyslip is now trying to help consumers beat ... Read More »

The Absolute Key to Failure

success copy

We all have tough days and face uncertain times but I suppose we can never lose sight of the fact no matter how hard we try to do a good job at least half the people are not going to like it. Listen to your heart. Big Hug! Get Out of Debt Guy – Twitter, G+, Facebook Read More »

Western Sky Financial Pulls up Stakes

Western Sky Financial Heads Into Sunset.

You know those pesky Western Sky Financial payday loan commercials that have infected our televisions? They will soon be a thing of the past apparently. Western Sky Financial had been making payday loans all over the United States and charging problematic interest rates. The company felt they were exempt from state laws because they are owned and operated by the ... Read More »

What to Wear and Say at Your Bankruptcy Hearing

You don't need to dress like a fashion model but nobody is going to kick you out if you do.

Actually, when it comes to what to wear, just don’t dress for a cookout. But as far as what to expect at your bankruptcy hearing, this article by Cathy Moran is great advice. Going to court for your first meeting of creditors? What are they going to ask me?, you wonder. My bankruptcy clients imagine a quiz on the contents ... Read More »

More Florida Land Trusts Busted: Cambridge Land Trust and Hartford Land Trust

wtf

Thanks to a great reader, word out of Florida is more land trust schemers have been the unfortunate focus of law enforcement. The interesting part is how they all tie together. “The Florida attorney general’s office shut down two more South Florida land trusts Monday, continuing a yearlong pursuit to stop multiple intertwined firms from selling a complex foreclosure rescue ... Read More »

Stress Sucks!

stress

Don’t know why I’m feeling so much stress today. Just feels like working is backing up and I will never get to it all. Hey, maybe that’s why. Big Hug! Get Out of Debt Guy – Twitter, G+, Facebook Read More »

My Grandfather Cosigned for My Private Student Loans and I Can’t Pay. – Tasha

broken piggybank with dollar notes

Dear Steve, My grandfather co-signed for me a few student loans through aessuccess.org in 2004. Within 3 days, I received the funds. The debt collectors started calling and harassing in 2009 claiming my 5 years was up, so it was time to start paying the debt. They wanted me to pay over $700 a month in payments. I was only ... 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.