Globex’s former CEO and others who facilitated credit card interest reduction scheme will be banned...
Latest Posts
How to Protect Yourself From Election Misinformation
This isn’t debt-related but this was put out by the FBI and Cybersecurity &...
Covid Debt Swallowing Middle Class
The Wall Street Journal ran a great piece yesterday No Job, Loads of Debt: Covid Upends Middle...
How Do I Deal With Old Apartment Debt I’m Being Sued Over?
Question: Dear Steve, I was evicted back in 2017. I received a notice from the property management...
Ask the Get Out of Debt Guy
How to Protect Yourself From Election Misinformation
This isn’t debt-related but this was put out by the FBI and Cybersecurity &...
How Do I Deal With Old Apartment Debt I’m Being Sued Over?
Question: Dear Steve, I was evicted back in 2017. I received a notice from the property management...
What Strategy is Best to Payoff Credit Card Debt?
Question: Dear Steve, Is it wise to pay off smaller balances first or work hard on the higher ones...
Salle Mae Wants Me to Pay on a Loan I Don’t Owe for My...
Question: Dear Steve, I go a call that my son owed a large amount to a college he was attending...
Covid Debt Swallowing Middle Class
The Wall Street Journal ran a great piece yesterday No Job, Loads of Debt: Covid Upends Middle...
Auto Lender Forced Insurance – Fraud
the Consumer Financial Protection Bureau (Bureau) settled with Lobel Financial Corporation, an auto...
Bankruptcy Judge Says REPAYE is a Hopeless Strategy
A recent opinion written by United States Chief Bankruptcy Judge Somers is a fascinating read. The...
Financial Literacy Will Keep People Out of Debt – Ha Ha Ha
I prefer facts over myths and assumptions. One of the consistent myths in the personal debt arena...
Debt Relief Industry
Brandon Frere – 12,000+ Pages of Victim Impact Statements
What began as an action by the Federal Trade Commission against Brandon Frere, AFB, AF Student...
Two Charts That Explains Why Debt Relief Companies Are Not...
The bread and butter of the consumer debt relief industry have almost always been unsecured debt...
CFPB Makes a Sad Decision When it Comes to Consumers and Debt
The Consumer Financial Protection Bureau just made what I think is a poor decision when it comes to...
Debt Relief Players Case Struggles to Wind Up With Industry Ban
American Financial Support Services, and others were sued by the Federal Trade Commission (FTC)...
Student Loan Bankruptcy Discharge
Shocking Landmark Ruling on Private Student Loan Bankruptcy...
Let’s hope that August 31, 2020, can be remembered as an important day in the fight to break...
Lawyer Sentenced to 63 Years of Student Loan Hell
Peter Rubash is a sixty-year-old graduate of Duquesne University School of Law. He practiced law...
Single Mother Has Student Loans Logically Discharged in...
The Sad Case of Jessica Trejo In 2017, Jessica Trejo filed an adversary action in a Texas...
Rodger Love v. U.S. Department of Education: Betsy DeVos wears...
According to Urban Dictionary, “The Emperor Wears No Clothes,” is a phrase “often...
Student Loan Rescue or Assistance
CFPB Sues and Settles With Student Loan Assistance Company
The Consumer Financial Protection Bureau (Bureau) settled with Timemark, Inc., a company based in...
Irvine California Employee Spills the Beans on Student Loan...
I received the following tip from an alleged employee of an Irvine based student loan assistance...
Student Debt Doctor and American Student Loan Consolidators...
The operators of two Florida-based student loan debt relief schemes are banned from the debt relief...
Brandon Frere of American Financial Benefits Center –...
Student loan assistance company executive Brandon Frere, 41, was arrested and faces a maximum...
From Around The Web
From Grand Opening to Shutdown in 24 hours: A restaurant’s...
Selling chicken and waffles was always going to be a bit of an uphill battle in a San Francisco...
Life after 60: 8 important things you should know
These tips will make your life rich for two reasons: realizing the joy of living in the moment, and...
Consumer Financial Protection Bureau Files Suit Against...
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today filed a complaint...
Consumer Financial Protection Bureau Settles with Student CU...
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) recently announced a...
Scam Alert
Online Training Academy to Forgive Consumer Debt
Online Trading Academy will be required to offer debt forgiveness to thousands of consumers who...
FTC Targets Charity Scams About Veterans, Cancer, Police, and...
The Federal Trade Commission and the Attorneys Generals in New York, Minnesota, Virginia, and New...
ClearPath Falls to CFPB Consent Order They Targeted Veterans for...
Today, the Consumer Financial Protection Bureau (Bureau) issued a consent order against ClearPath...
Apparently You Can’t Trust the Mouse
Online children’s education company Age of Learning, Inc., which operates ABCmouse, will pay $10...