All posts by Steve Rhode
-
Department of Education Seems to Think Student Loan Forgiveness is OptionalThe Department of Education Borrower Defense to Repayment has officially gone from being a blessing to a joke and now to essentially lights out. Education Secretary Betsy DeVos has made it clear that she feels forgiving federal...
- Posted November 14, 2018
-
Majority Tell Me Eligible Disabled Military Veterans Should Automatically Have Their Federal Student Loans Forgiven Tax-FreeI was surprised to learn recently the Department of Education is aware of the more than 40,000 disabled military veterans who are legally and severely disabled but there is no process to automatically forgive their student loans...
- Posted November 14, 2018
-
The Law Firm of the Prime Minister of Belize Played a Role in Assisting Sanctuary Belize Parties Named in FTC Scam ComplaintThe law firm of Barrow & Williams in Belize has an interesting relationship, one of their founding members was Dean Barrow, the current Prime Minister of Belize. – Source I bet Dean Barrow is sorry right about...
- Posted November 13, 2018
-
Sanctuary Belize Making Local News From Scam RipplesYou are probably going to hear more from me coming up regarding Sanctuary Belize. For me this is a fascinating story because of its links going way back to the first nonprofit credit counseling agency to fold...
- Posted November 13, 2018
-
Vote Here Now. Should Disabled Veterans Have Their Federal Student Loans Automatically Discharged?The Department of Education has identified 42,000 veterans who are entitled to a federal student loan discharge without any risk of paying federal taxes on the forgiven debt. However, Education Secretary Betsy DeVos has said even though...
- Posted November 12, 2018
-
MoneyGram Apparently Just Likes to Screw Customers Over Again and AgainMoneyGram International, Inc. has agreed to pay $125 million to settle allegations that the company failed to take steps required under a 2009 Federal Trade Commission order to crack down on fraudulent money transfers that cost U.S....
- Posted November 9, 2018
-
Ameridebt Scam and Sanctuary Belize Takes Years to Bring Down Andris Pukke But the FTC Just Dropped a Thor Hammer on the GangAt the Federal Trade Commission’s request, a federal district court in Maryland issued an order temporarily shutting down the largest overseas real estate investment scam the FTC has ever targeted. According to the FTC, the scam was...
- Posted November 8, 2018
-
Move to Maine and Kiss Some of Your Student Loans GoodbyeThe State of Maine is looking to attract younger citizens. Deduct student loan payments from income tax in the form of a tax credit. The maximum benefit is up to $60,000 but not more than half of...
- Posted November 7, 2018
-
Can I Really Eliminate My Private Student Loans With Earnest in Bankruptcy?Question: Dear Steve, I have good credit and was able to refinance my $180k student loans with a company called Earnest – a student loan refinance company. Now that the student loans are with Earnest, can those...
- Posted November 6, 2018
-
My Daughter Signed My Name on Credit Cards She Got and I Don’t Know What to DoQuestion: Dear Steve, My daughter signed up for two credit cards and had my name added on I did not sign anything. If my daughter files for bankrupt can they go after me for the balance? Jerry...
- Posted November 6, 2018
-
EDUCAP Says I’m a Cosigner for a Private Student Loan But They Can’t Prove ItQuestion: Dear Steve, I co-signed for my daughter on a private student loan (EDUCAP,INC) and unbeknownst to me she got in financial trouble and did not make payments. EDUCAP missed the statute of limitations on collecting from...
- Posted November 6, 2018
-
My Income is Dropping and I Want to Settle My American Express CardQuestion: Dear Steve, I’m 67 years old, self-employed for 45 years. Working less now, scaling down to live on a declining income. I own a small IRA “nest egg”, an emergency fund rather than a source of...
- Posted November 6, 2018
-
Have You Been Overbiffed by a Debt Collector?If you aren’t familiar with the word “overbifffed” or “overbiffing,’ there’s no need to add it to your vocabulary. But if you know what overbiffing is and engage in it, a case just filed by the FTC...
- Posted November 6, 2018
-
Student Loan Survey Finds the Obvious – Student Loans Really SuckA new survey out by Summer and Student Debt Crisis gathered responses from student loan debtors and found what boots on the ground already know, student loans are killing the future of millions of people. Here are...
- Posted November 6, 2018
-
Trever Scott Zens – The Credit Repair ExpertsA reader sent in this information. “Tara Hernandez (Mcglynn). Remember United Credit Consultants from Minnesota? Joe’s ex-wife tried opening her own which you had reported on here. Now Tara is running thecreditrepairexperts.com under her boyfriend’s name Trevor...
- Posted November 5, 2018
Ask for Debt Help
