Latest Posts
Home > Author Archives: Steve Rhode (page 16)

Author Archives: Steve Rhode

We Are Moving Out of America. Can We Just Leave Our Student Loans Behind? – Anouck

netherland fields

“Dear Steve, I’m a Dutch citizen, my husband is a US citizen. He has federal student loans on his own (approx. $20K), and I co-signed for his private student loan with Sallie Mae (aka The Devil) for about $40K. We have filed for Chapter 13 and are currently not making payments. We are planning on moving to the Netherlands (most ... Read More »

    Can the Statute of Limiations Make My Sallie Mae Student Loans Go Away?

    stressed-woman

    “Dear Steve, I have three Sallie Mae loans, all of which have gained interest in the past eight years. When I first went off to college I was very uneducated about student loans. Now, I wish I had better educated myself. I am scared to death of Sallie Mae because everyone I know that owes Sallie Mae has had their ... Read More »

      I’m So Stressed Being a Sallie Mae Cosigner. I Want to Be Removed. – Ronda

      Mature woman confused

      “Dear Steve, I co-signed student loan for my son, who has graduated from college, but is not working, cannot pay the loan…I am on Social Security, and the stress is killing me. Is there any possible way to get me out of this? What needs to happen to get me removed as a co-signer. How to get out of a ... Read More »

        I’m So Far in Student Loan Debt There is No Hope for Me. – Adam

        upset young man

        “Dear Steve, I have private student loans as well as federal ones, but they gave me the loans without cosigners and the interest rates have basically made it so, despite making payments, the principal hasn’t gone down. At this point, I can’t afford to repay them all, have defaulted a few, and can barely afford the necessities needed to live. ... Read More »

          I’m in an Administrative Wage Garnishment. How Can I Consolidate My Student Loans? – Tina

          Thinking

          “Dear Steve, My wages are garnished for a defaulted student loan. I read your post about consolidating and getting on a reduced payment plan (IBR). I have tried this with my federal student loan agency and they will not allow me to do this. Their response is that I cannot consolidate while I am in administrative wage garnishment. They insist ... Read More »

            Complete Financial Solutions Mailer Goes to the Dogs

            scan0008

            An amazing reader sent in one of the more unusual debt relief mailers I’ve ever seen through my I Buy Junk Mail program. Gary Jones from JW Financial Insights has apparently sent out a very odd mailer to people to promote something. The envelope appears to be very generic with a note attached. Inside the envelope the reader received what ... Read More »

              Colorado Moves to Lower Debt Settlement Fees

              process

              A reader forwarded me a copy of this document from the State of Colorado regarding debt settlement. It contains some interesting sections. For example there is this one. Recommendation 2 – Limit settlement fees to 15 percent of the debt forgiven from a completed settlement. “A Settlement Provider negotiates with a creditor to convince it to forgive a portion of ... Read More »

                Is This the Same Tim Daniels That Settled With the FTC?

                Google Map street view of 9145 Narcoossee Road,  Orlando, Florida 32827

                A reader sent in an email and said a Tim Daniels was running Student Help Network at IBRPlan.com. So the first thought to come to mind was, “Who the hell is Tim Daniels?” Figuring the reader sent me the email I thought it must be about someone I’ve written about before. Otherwise, the email really made no sense, at all. ... Read More »

                  Benjamin Moskel: Why Do People Think You Are a Fat Ass Gambler?

                  scammer

                  Over the years I’ve seen a hell of a lot of strange links to this site. The most bizarre was some porn site that linked to me as the best get out of debt site. Ah, thanks? I don’t know why people link. But some recent links have to be some of the strangest links I’ve seen. Apparently someone is ... Read More »

                    Student Debt Solutions Scares the Hell Out of This Consumer

                    begging

                    Yesterday I received a call from Matt, a friend, who said he just received a very disturbing call from someone who identified himself as Agent Raymond with the Department of Education. Matt said the call really rattled him and was frightening. Matt said Agent Raymond even gave Matt his badge number. I’ll let Matt tell you what his impression was ... Read More »

                      DA’s Office Wants to Give Money Back to Debt Free Associates Clients

                      Screen Shot 2014-10-27 at 10.54.48 PM

                      I was contacted by the Monterey County DA’s Office in California who said they had recently settled a case with Debt Free Associates. As part of that settlement Debt Free Associates was to refund consumers but not a lot of people were coming forward to claim the funds owed them. Some felt it was a scam. The DA’s office asked ... Read More »

                        Mortgage Relief Marketers Now a Half Million Dollars Lighter

                        ftc

                        A federal district court in Southern California has ordered a judgment of nearly $515,000 against Mark Nagy Atalla, a defendant in a 2013 Federal Trade Commission action targeting deceptive mortgage and debt relief pitches. The court imposed the judgment after finding Atalla had hid assets and misrepresented his financial condition to the agency. The judgment originally was suspended in Atalla’s ... Read More »

                          How Can Reven Media be Student Loan Experts?

                          puzzled looking little boy looking to the left

                          Update and Response from Reven Media I’d like to offer a hat tip and pat on the back to Reven Media for responding to the story below. It is truly uncommon for a company to be open, transparent, and offer a public comment. Reven Media Response to the Story Steve, We sincerely appreciate your concerns to consumers and welcome any ... Read More »

                            Bicoastal Funding Debt Consolidation Loan Offer Review

                            img_2219

                            An amazing reader Burgemj sent in a new debt relief mailer through my I Buy Junk Mail program. It appears to be yet another offer sent from a very common sender, Sacramento, California Postal Permit 1297. Consumers have received a number of debt reduction offers from that postal permit. The debt consolidation loan offer from Bicoastal Funding arrived in a ... Read More »

                              Keep Up – It’s Novicore Solutions From Now On. Or is it?

                              Young man looking shocked in tablet pc

                              Remember Garden State Consumer Credit Counseling changed their name to Novadebt? Well now they’ve decided to change it again and on October 31, 2014 the company formally known as GSCCC will now be Navicore Solutions. According to information from the company the name change “more clearly conveys or mission and the growth of our counseling services beyond financial guidance.” – ... 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.