All posts by Steve Rhode

About 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.

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  There is So Much You Don’t Know About Steve Rhode

  The GetOutOfDebt.org website is where one part of my life lives. I’m known as the Get Out of Debt Guy and I’ve helped people with financial problems since 1994. The majority of that time has been for...

  • Posted September 19, 2018
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  Is Glider Lending Offer Possibly Related to Debt Settlement Assistance?

  A reader sent me a mailer from Glider Lending through my I Buy Junk Mail program. On the surface, the mailer looks like just another offer for a personal loan to consolidate debt. In the last few...

  • Posted September 14, 2018
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  ITT Bankruptcy Shows Why the Department of Education Should be Worried About For-Profit Higher Education Screwing Consumers

  The Department of Education under Betsy DeVos and the Trump administration is seemingly doing everything it can to eliminate consumer protections from schools of higher education that cause consumers to take out loans to attend. Secretary DeVos...

  • Posted September 13, 2018
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  625 People Denied Mortgage Loan Modifications and 400 Foreclosed On Because – Wells Fargo

  In a recent government filing, Wells Fargo admitted to a very disconcerting set of facts. The SEC document says “An internal review of the Company’s use of a mortgage loan modification underwriting tool identified a calculation error...

  • Posted September 12, 2018
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  New Maryland Law Deserves the Attention of Debt Relief Companies

  The State of Maryland has enacted the Financial Consumer Protection Act of 2018. For debt relief companies the new law significantly increases the potholes and penalties if the company is found to be in violation of the...

  • Posted September 12, 2018
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  Decision One Debt Relief and Veritas Legal Plan Sued by Funding Metrics

  Funding Metrics has sent out a press release announcing they sued a host of people over a business debt settlement service. This is not the first suit I’ve seen by merchant cash advance groups against debt settlement...

  • Posted September 10, 2018
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  More BS Debt Collectors Banned by FTC

  The operators of a Georgia-based debt collection business that allegedly used false claims and threats to get people to pay debts – including debts they did not owe or that the defendants had no authority to collect...

  • Posted September 10, 2018
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  Department of Education Living in Upside Down World – Debtors Come Last

  I don’t know how much more bizarre and anti-consumer the Department of Education under Betsy DeVos can get. It has been horrible to watch Education end programs, drag their feet dealing with students who are the victims...

  • Posted September 10, 2018
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  NC AG Says Dept of Education Secretary DeVos Puts Predatory For-Profit Schools Ahead of Defrauded Students With Proposed Borrower Defense Regulations

  North Carolina Attorney General Josh Stein recently criticized the U.S. Department of Education (Department) and Secretary of Education Betsy DeVos for putting the interests of predatory for-profit schools ahead of the students she is sworn to protect....

  • Posted September 3, 2018
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  California Stands Up for Consumers – Again

  Criticize California all you want but recent changes in California law actually does something people across the country think is common sense and needed. A bill in California legislature, (AB 1526) awaiting the signature of Governor Brown...

  • Posted August 30, 2018
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  We Can’t Afford the $42K Life Flight Air Ambulance Bill

  Question: Dear Steve, My husband and I have just been stuck with a devastating $42,000 life flight bill. What should we do? I found you on Facebook, and was hoping you might be able to provide some...

  • Posted August 29, 2018
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  Have Your Student Loan Payments Deposited Into Your 401(k)

  Camilo Maldonado writes in Forbes about a very interesting IRS ruling that would your employer to deposit matching funds into your 401(k). It is always a struggle to get employees to make 401(k) investments, even when the...

  • Posted August 29, 2018
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  Why People Make Poor Decisions When They Have Money Troubles and Debt Problems

  I’ve been helping people with financial problems since 1994. My passion for assisting others with this struggle was because I lived through my own set of financial misery in 1989. After going through that process I was...

  • Posted August 29, 2018
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  Student Loan Guaranty Agency Recovery Rates Show Big Spread

  I stumbled across two interesting things about Federal Student Loan Guaranty Agency Recovery Rates. The first is the last public report issued was back on March of 2018. Department of Education is dragging their feet on their...

  • Posted August 28, 2018
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  Affidavit in GM Law, National Legal Staffing Case Leaves Little to the Imagination

  Holy cow! A former Document Specialist Supervisor for National Legal Staffing Support, Kevin Mason, GM Law Firm, and Stuart Goldberg just clubbed NLSS and GM Law Firm over the head. Williamson worked for NLSS up until July...

  • Posted August 28, 2018
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