Latest Posts
Home > Author Archives: Steve Rhode (page 32)

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’m So Stressed and Deep in Debt I Don’t Know What to Do? – Julie

hug

“Dear Steve, I had my first child in 1990 and have been an at home mother ever since. I left my good paying job to raise my now 4 children and would do it all over again. I have accumulated over $170,000 in credit card debt and need to find a way to pay this off quicker to get some ... Read More »

We Are Old, Ill, and the Worry and Stress Over Our Debt Are Killing Us. – Glenna

brand new ending

“Dear Steve, We are seniors in our mid seventy’s very bad health. We have credit card debt because we have had to put medical bills and medicine,plus living expenses. We owe 14,000.00 and having a hard time making minium payments. HELP, our only income is our social security. We don’t know how to handle this. Our health is getting worse. ... Read More »

They Say I Can Get Rid of My Debt Because of Dept of Treasury Publication 4681

doctor-xray

“Dear Steve, I am currently experiencing a financial hardship and looking for help. I keep receiving mail from an Assistance Center. I’ve received two different mailings that are basically the same but with different phone numbers. I called one number and I just had a bad feeling about the legitimacy of it. Both notifications reference the Dept of Treasury Publication ... Read More »

My HELOC Keeps Rejecting My Loan Modification Attempts

No problem

“Dear Steve, I am writing regarding a 2nd (HELOC) on my Condo. When I lost my job in 2010 – I fell behind on my mortgage and HELOC – I went to then Countrywide and they said they would work with me but, didn’t – then when it was sold to B of A, the situation got worse. I finally ... Read More »

My Husband Proudly Serves in the US Army But Has Student Loans

Military Flag

“Dear Steve, My husband is in the US Army has been proudly servicing since 1998. He is considering retirement (he has prior service before 1988 which counts towards his 20 years). He has about $44,000 left of his student loans. His loans were consolidated since shortly after 1998 (his graduation from vet school). We don’t seem to be making a ... Read More »

How Can I Best Settle My Kids Student Loans?

emergency exit

“Dear Steve, Have 2 kids who are heavily in debt [one just lost their job] each has a separate student loan [57k and 83K] which they are on time paying, but won’t be for long. As their Dad I want to remove [payoff with discount where possible] both loans. What is the best way to do this with 2 separate ... Read More »

Universal Debt Services Gets Order to Make Restitution

The folks over at the Connecticut Department of Banking, otherwise known as the people you don’t want to F with, have reached out and touched Universal Debt Services, Inc. in New York. The State assets the following: 1. Respondent is a New York corporation with offices at 100 Veterans Boulevard, Massapequa, New York, and One Cross Island Plaza, Suite 100, ... Read More »

I’m 22 and Need to Fix My Credit So I Can Buy a Car

credit good

“Dear Steve, I am 22 years old. I have never had any help with my family with any money growing up. I graduated High School in 2009 and started out with a couple credit cards. Bank of America for School books and Best Buy for a laptop. I also had a car payment that my sister had underneath her credit ... Read More »

Our New Expenses Leave Us Unable to Pay Our Credit Cards. – Erika

We are going to need some voodoo for this situation.

“Dear Steve, I’m a 39 year old married woman with a 11 month old infant. My husband is a stay at home dad. We only have 1 income. We recently are in the process of building a new home. We currently live in a Condo that will be rented to ensure that the mortgage and condo fee are covered. I ... Read More »

My Debt Makes Me Sick and I See No Way Out. – Emily

don't give up

“Dear Steve, I am in financial turmoil right now and I am extremely stressed out to the point of being sick because of it. I work a full time job, but I don’t make enough to support myself. I do have some physical restrictions due to the physical nature of my job and having it take its toll on my ... Read More »

Homeowner’s Relief Line Commercial – Caution

IMG_0163-private

Yesterday I spotted a new debt relief commercial on television for some company that claimed to be Homeowner’s Relief Line. The commercial made all sorts of claims about saving your home from foreclosure, helping with loan modification and giving the impression the consumer is the victim. In general and in my experience, these types of commercials are funnels for people ... Read More »

Student Loan Interest Rates to Double and Might Go Variable

surprise

If Congress does not take action the rate subsidized student loan holders pay will double July 1, 2013 from 3.4% to 6.8%. Student loan interest rates have been set by Congress and kept artificially low as a way to encourage education. But a vote in the House yesterday about a Republican proposal is set to have some very dangerous and ... Read More »

WFS Debt Relief & Whitelight Financial Services Scammed Me for $1,500. – Wes

Shocked Face

“Dear Steve, About 3 yrs ago I was having a difficult time keeping up with my high interest credit card bills and overheard on the local radio station about WFS Debt Relief. At that point I was still making all payments and on time. I was new to the whole “debt consolidation” industry and was simply looking for some help. ... Read More »

World Law Debt, Global Client Solutions and Others Sued in NC. TRO.

Screen Shot 2013-05-23 at 3.41.13 PM

Yesterday the State of North Carolina and the North Carolina State Bar filed suit against Swift Rock Financial, World Law Debt, World Law Group, Orion Processing, World Law Processing, Derin Scott, and Global Client Solutions. This suit is different than many others I’ve seen in that it is a joint effort by both the State Bar and the Attorney General. ... Read More »

Can I Ditch Golden State Debt Management and Save Money? – Art

process

“Dear Steve, I am using the Consumer Credit Counseling program with Golden State Debt Management. It involves me allowing them to deduct $625 per month from my checking account. In total, they keep about $125 in fees each month. High. But even including those fees, I’m still saving $90 / month versus the astronomical interest I was paying before. (The ... 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.