Author Archives: Steve Rhode
- Debt Relief Company Options Debt Consolidation Canada Hits Rough Patch
The Vancover Sun is reporting a situation which sounds familiar in the U.S. as well regarding Options Debt Consolidation Canada and Options Credit Canada. Apparently Options Credit was selling agents or franchise owners a magnificent debt relief business opportunity where they would receive “with real-time leads and the ongoing support and management necessary to qualify [...]
- My Credit Union Won’t Give Me My Car Title Because I Have a Credit Card Balance
“Dear Steve, Worked for this credit union who in the past had federal investigators in when there were bogus loans. Worked there for 15 yrs. I paid my car loan off with my credit union but they won’t give me the title. I owe on a visa account there and they are pulling the cross [...]
- Is My Plan to Deal With My United Recovery Debt a Good One?
“Dear Steve, 1. 1993 – I get a credit card, my first and only (Cap One). 2. It’s fine for several years. 3. 2003 – Divorce, followed by scary major illness; unable to work. Disaster. Balance creeping up. 4. More disaster. Long irrelevant story. I use the cc to pay the rent. Keeping the roof [...]
- How Can I Get Out of This Judgment and Wage Garnishment?
“Dear Steve, In 2008, at the age of 18, I moved out of home, into an apartment with a roommate. The rent was high ($1300/mo), and about 4-5 months into the lease, my roommate’s work started to decline. One morning, she up and moved out, and with management (which has since changed, and the rates [...]
- I Co-Signed for a Private Student Loan and It’s Killing Me
“Dear Steve, I co-signed a private student loan that is now in collections and ruining my DTI. I found your petition for the Fairness for Struggling Students Act on change.org. Have you had any contact with Senator Coons or anyone else on the senate judiciary committee regarding this? I am a DE resident and trying [...]
- Does a Debt Consolidation Program Lower My Credit Score?
“Dear Steve, I need to consolidate credit card debt of $9,000.00. Does debt consolidation go against my credit rating, or lower my score? Do I have to close out my credit cards with my creditors to go forth with the program? Phyllis” Don’t miss our free Get Out of Debt – “How To” Guide Series [...]
- How Do I Settle My Debt With a Collection Agency?
“Dear Steve, Time to Face the Dragon? I have 40k in credit card debt amassed during 2 years of unemployment. 28k of it has been sold to third party collectors. I am now in a position to clean it all up. I realize now I should have declared bankruptcy. But it’s too late now since [...]
- I’m Afraid of Bankruptcy But Struggling Each Month
“Dear Steve, Single mother, income 1600 after deductions, credit card debt 27,000. I have a house and I’ve been making payments for two years of 928 monthly. I have an equity of 26,000. No paymentys behind. You advised me about filing chapter 7 bankruptcy, and even though I don’t want to do it, at this [...]
- Can I Get Macy’s and Capital One to Please Charge Off My Credit Cards? – Brigitte
“Dear Steve, I live in California, I’m 55yrs old woman, my 3 daughters just finished college, last month I lost my job, I have 2 credit cards, one is Macy’s for $5,000 and the other Capital one for $5,000, do you think if I call them and let them know I’m unemployed they will charge [...]
- Is Home Remedy Center, Affiliated with Prudent Law Group, a Scam? – Alana
“Dear Steve, I own a home and have a jumbo loan (over 700K) with 6.5% interest with Wells Fargo, and loan is with a private lender, not a Fanny Mae or Freddie Mac loan. Wells Fargo refused modifying the loan or reduce theinterest. We are current on payments. I was contact by Home Remedy Center, [...]
- A Brain Tumor and Private Student Loans Led to a Life Lesson. – Sally
“Dear Steve, Daughter was dx with brain cancer while attending college away from home. She went through brain surgery, radiation and chemo. She was able to obtain her degree (took 7 years). She has private student loan debt for approx $50,000. We co-signed her loans. We also have Parent Plus loans for her and her [...]
- My Credit Was Hit by an Uninsured Motorist and Left With a Traumatic Injury
“Dear Steve, Dear Steve, I was in an automobile accident in 11/’05, hit by another driver who had stolen a car, therfore I was unable to sue anyone for the accident. I had no health insurance and my uninsured motorist policy was $100k, which of course the hospital negotiated a payment towards my $300,000 bill. [...]
- Will I Be Stopped at the U.S. Border if I Leave Australia With Debt I Can’t Pay?
“Dear Steve, In 2011 I went to the United States I am a US citizen when I returned to Australia I thought I would still have my job but that didn’t happen and have been unable to get a job I have not contacted the bank in 2 years out of fear. I’m on centerlink [...]
- Can I Get My Vehicle Out of Pawn With a Title Loan? – Kelly
“Dear Steve, Currently have a title pawn for $5000. I know these are stupid, but desperate people do desperate things sometimes. the monthly payment I have to pay is $500 which is the interest. more if I want to bring down the principle balance. Are there any legitimate companies out there that will assist with [...]
- Maybe You Should Not Go to College
I hear all the arguments about the value of a college education. And I agree with much of that. But the fact is not everyone who goes to college and takes on student loan debt graduates or even graduates into a field that pays enough to service the student loan debt. In fact 75 percent [...]