Public Service Loan Forgiveness is a Really Crappy Program – Podcast

Today Damon Day and I get stupidly silly laughing and complaining about the ridiculousness of the Public Service Loan Forgiveness program that was intended to forgive student loans for firefighters, police officers, teachers, low-income lawyers, military service members, and more. The PSLF program has turned into a disgrace with more than 98% of people apply … Read more

Foreclosure Rates for All 50 States in June 2021

This is up roughly 41% from June last year when foreclosure activity remained at an exceptionally low level due to the pandemic-related moratorium on foreclosures. The Biden administration’s final extension of the moratorium ends on July 31, 2021. (Note: The deadline to request mortgage payment forbearance has also been extended to September 30, 2021.) It … Read more

Will You Lose Any Inheritance to Pay Student Loans – Maybe

Martha Standish took out student loans when she was in her late 40s to get an undergraduate degree in accounting. Later she took out a Parent Plus Loan to help her daughter with college expenses. Eleven years after graduating, Standish filed an adversary proceeding in a Kansas bankruptcy court seeking to discharge about $30,000 in … Read more

Capital Management Corp, Benjamin Chaise & Associates – Consumer Complaint – July 26, 2021

Consumer Statement: I was contacted by Benjamin, Chase & Associates stating they could get money owed me from a small claim I won. they checked into the info I sent them and stated they would get the money with no trouble. They stated they would need money to get my money. which should have thrown … Read more

Get Out of Debt Guy Show Podcast – July 23, 2021

On this podcast Damon Day and I focused on reduced mortgage payments for people behind on their federally backed mortgage loans after Covid forbearance ends, why it is so easy to make bad emotional decisions, and adios to FedLoan Servicing. Steve Rhode Get Out of Debt Guy GetOutOfDebt.org Transcript Steve Rhode: [00:00:00] So I just … Read more

Bruins Capital Mailer Leads to Strategic Consulting for Settlement

A reader sent me a mailer they received from Bruins Capital for a Debt Consolidation Loan. The consumer said, “I fell for the one with Bruins Capital. They redirected me to another service, and then I filled an online form, and Strategic Consulting called with an offer to pay off all debt at a reduced … Read more

Doctor Arrested for Fake COVID-19 Immunization and Vaccination Card Scheme

A California-licensed homeopathic doctor was arrested recently for her alleged scheme to sell homeoprophylaxis immunization pellets and to falsify COVID-19 vaccination cards by making it appear that customers had received the U.S. Food and Drug Administration (FDA) authorized Moderna vaccine. Juli A. Mazi, 41, of Napa, is charged with one count of wire fraud and … Read more