Latest Posts
Home > Author Archives: Steve Rhode

Author Archives: Steve Rhode

Can We Settle a Debt With a Collector to Get College Transcript?

tax_audit_questions1

Question: Dear Steve, My husband and I just met his adult daughter 2 years ago. He had signed away his parental rights when she was an infant 30 years ago. We have learned that she has student debt and want to pay it. The first debt is with the college she attended in Birmingham and is the one we’re focused ... Read More »

    Smart Money Management New Name for Merged Companies

    14690591067_92efd28966_b

    The Blade is reporting two Ohio based debt relief companies have merged. “Toledo-based Comexx Smart Money and Sylvania-based Debt Tech Financial Solutions are now one company that will be called Smart Money Management LLC. The new company has 12 employees. “Today, Smart Money Management is better able to address an individual or family’s total financial disposition as the addition of ... Read More »

      Who is Right About Budgeting Our Money, My Wife or Myself?

      Zemanta Related Posts Thumbnail

      Question: Yo Steve, My wife and I fight, or shall I say disagree, all the time about spending and a budget. She has one opinion and I have another. She says we should not spend more than 25% of our income on housing but I say 33% is alright. Who is right? Jimmy Answer: Yo right back at you Jimmy. ... Read More »

        Why Have My Private Student Lenders Not Sued Me Yet?

        stop_paying_for_credit1

        “Dear Steve, I went to a public school and obtained 2 degrees. A good portion of my student loan debt were in private loans. The economy crashed in 2008 and I couldn’t find work in 2009 so I went back for more education to hide from the economic realities (I had no way to pay on the loans). Sallie Mae ... Read More »

          Hummingbird Credit Counseling Sues the United States of America

          tax_scam_victims

          Hummingbird Credit Counseling and Education has filed suit against Attorney General Eric Holder, Department of Justice, and Executive Office of United States Trustee. This suit asks for a declaratory judgment and injunctive relief. This case caught my attention because it’s not often you see a credit counseling company suing the USA and it appears this is yet another debt relief ... Read More »

            Where Can We Get a Lower Federal Student Loan Interest Rate?

            calculator

            “Dear Steve, My son is out of the country and I am paying off his loan. We are seniors. He has volunteered to pay himself. However, by the time currency exchanges have been calculated, it is cheaper for us the pay his loan. We have ‘myfedloan.org’ loans at 6.8% which I think is very high. Is there anywhere we can ... Read More »

              Today in Debt Relief History – Consumer Affairs Law Center

              burning_through_paycheck

              Frankly I get sick of writing about lawsuits in the debt relief industry between partners that have a falling out. But the reason I find the complaints often fascinating is they provide a look into the history of some organizations and entities. We get to learn how the whole thing developed. In this case we have the April 1, 2015 ... Read More »

                Family Makes Their Mortgage Payments But Gets Foreclosed On Anyway

                oops

                How ridiculous would it be if you made all your mortgage payments in full and on time for years and your mortgage lender foreclosed on you anyway? Surely that could never happen. Unfortunately, that’s exactly what happened to Henry and Elizabeth Manfrediz, a lovely married couple with four kids and a cute dog, who live in Florida. Henry and Elizabeth ... Read More »

                  How Can I Payoff Massive Parent PLUS Loans My Mom Can’t Afford?

                  tax_audit_questions1

                  Dear Steve, My situation is similar to those asking about student loans and repayment. My Mom had to take out parent plus loans under her name to help me with school. We both understand the responsibilities we have. However, she can barely afford to pay for her rent and food on the money she makes. Therefore, I’m the one making ... Read More »

                    United Credit Consultants Awarded Gold Stevie® Award In ‘Collaboration Solutions Category’ As A Credit Repair Services Company

                    chicken

                    Burnsville, Minnesota (PRWEB) March 31, 2015 – United Credit Consultants was honored during awards gala banquet in late February at the Bellagio Hotel in Las Vegas. More than 500 executives from the U.S.A. and several other nations attended. United Credit Consultants was presented with a Gold Stevie® award in the ‘Innovation In Sales’ category in the ninth annual Stevie® Awards ... Read More »

                      Consumer Services Corp / Client Services Debt Relief Mailer

                      Screen Shot 2015-03-31 at 10.09.18 AM

                      Recently I’ve had several different mailers sent in that seem to continue the past theme of looking like official notices, government mailers, or continuing to use official seals or logos. Here is one of them. Consumer Services Corp. / Client Services The one below from Credit Services uses an official looking seal and the mailing address appears to be a ... Read More »

                        MSI Credit Solutions Opens New Office in Memphis

                        credit_report_errors

                        Frisco, TX (PRWEB) March 30, 2015 MSI Credit Solutions is proud to announce that they have recently opened a new office location in Memphis, TN. The new location will allow the company to expand their services to more consumers in the area. The new office will be located at 930 S. White Station in Memphis, TN within the Keller Williams ... Read More »

                          Is the AAFES Military Star Credit Card Screwing Over Veterans?

                          Where did my debt relief company go?

                          Ashley Woods wrote to me and expressed grave concern about a situation she ran into with an AAFES Military Star credit card she owed. It’s one thing to have a balance due but it’s quite another when the collection company appears to just make up what you owe. Ashley she was contacted by Transworld Systems and appears to have gotten ... Read More »

                            Should We File Bankruptcy Because of Business Debts?

                            Writing Q&A, Questions and Answers on a blackboard.

                            Money, Credit and Debt Advice – Get Out of Debt Guy Question: Is There Hope for Us in Bankruptcy? Dear Steve, We have roughly $80,000 in credit card debt. We have 4 children, 2 in college and 2 yet to go. We own a small business that we run out of our home in addition to my being a teacher. ... Read More »

                              CFPB Stops Bad Check Debt Collector From Frightening Consumers

                              cfpb

                              Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against a nationwide debt collection operation and its chief executive officer for using deceptive threats of criminal prosecution and jail time in order to intimidate consumers into paying debts for bounced checks. The company also misled consumers into believing that they must enroll in a costly financial education program ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.