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Dealing with financial problems is about more than just making a budget. This time Damon Day and I talk about how to make having fun affordable, traveling on the cheap with your own trailer, a few money-saving tips, and Damon tells us how he just got scammed on Craigslist. I’m not sure how we managed to turn the full recording into a podcast but we did. Some curse words included.
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.
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Reply to survey email that bounced back:
Student Loan debt has eclipsed the $1.5 trillion dollar mark and is growing at a rate of $3,000 per second. I asked you a phenomenal question about student loan debt and you arrogantly responded with a ridiculous, one-word answer that betrayed your true acumen. You should do all of your followers a favor and get a job in the fast food industry. (You were right about one thing: this only took 30 seconds.)
You may have sent an email with a question but we did not answer any reader questions on this show. If you felt I was addressing your question, it was coincidental.
If you are talking about this question you sent me, “Steve,
Regarding your research on Student Loans, have you ever run across a situation where the Promissory Note was lost, forged, robo-signed, missing or defective but the Agency refused to release the debtor from his/her obligation?
Very interested in finding out if you’ve ever come across anything like that.
Let me know, please.
Thanks (and keep up the good work!)”
I did have a one-word answer, “yes” but if you want more words then here you go, there have been occasions in the past I remember where the note was unable to be verified and the creditor and/or collection agency continue to attempt to collect.