About the author

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.


  • Sometimes a cash loan is all these types of people can receive. And by types, I mean those with poor credit and financial history.. 

  • my question is what happens if you are not able to pay the balance at all. your not working, and you owe so much that bankruptcy is your only option. What happens to the check that you wrote ? Do you turn it over to the collection agency,or to the district attorney. Times are hard and I feel that people are desperate and look at this as a way out but if you get to the point that you have to file bankruptcy what good is it.

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