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Home > Author Archives: Steve Rhode (page 17)

Author Archives: Steve Rhode

Debt Relief Master Class to be Held in San Diego

Adult Ed - Questions

MSTARS, the debt relief training company has announced a debt relief class for those in the debt relief industry. The class will be held in San Diego, California on April 6-7, 2015. Classes are designed for many different job roles in the debt relief company. These include owners, senior staff, sales managers, customer care staff, sales staff, and consultants. For ... Read More »

    I Don’t Give a Damn About My Credit, Said Almost No Car Buyer

    buying car

    The credit report folks, Experian have released data which surprised even me. There are whole camps of people out there, typically Dave Ramsey fans, who say they don’t need credit and don’t plan to ever use credit again. But according to Experian, 84% of people who purchase new vehicles actually do use credit. Credit avoiders can talk a big game ... Read More »

      U.S. Dept of Education Says Some of Their Debt Collectors Just Suck

      Portrait Of Shocked Woman Looking At Camera Isolated On White Ba

      Following a review of 22 private collection agencies, the U.S. Department of Education announced today that it will wind down contracts with five private collection agencies that were providing inaccurate information to borrowers. The five companies are: Coast Professional, Enterprise Recovery Systems, National Recoveries, Pioneer Credit Recovery, and West Asset Management. The Department also announced that it will provide enhanced ... Read More »

        Is Your Better Credit Score Just Waiting For You?

        CreditVision

        A recent TransUnion study found that more than 23 million U.S. consumers would be classified as Super Prime, the highest-rated consumer credit risk group, when evaluated by TransUnion’s CreditVision® risk score. Compared to the use of a traditional risk score, the use of CreditVision would increase the percentage of consumers in the Super Prime risk category from 12% to 21%. ... Read More »

          British Columbia Pulls Rug Out From Under Advanced Fee Debt Settlement in Canada

          canada

          Enhanced protections for B.C. families, particularly those in financial distress, are at the heart of legislative changes introduced today by the B.C. government. The Province is taking action to regulate the debt settlement industry with amendments to the Business Practices and Consumer Protection Act (BPCPA). If passed, these amendments will prohibit debt settlement companies from charging fees until both the ... Read More »

            My Degree Isn’t Worth the Tuition I Paid With Massive Student Loans

            stressed-woman

            “Dear Steve, I’m not really sure that there is a solution to my issue but you seem to know about student loans so thought I would run it by you. Back in 2007 I wanted to go to school to get into the graphic and web design industry. At the time I was working full time so was exploring online ... Read More »

              What Can I Do if I’m Delinquent on My Federal and Private Student Loans?

              student loan default

              Q: What are my debt relief options if I am delinquent on both my federal student loans and my private student loans? A: Falling behind on your student loan payments is a problem far too common. I speak with people on a frequent basis facing delinquency in payment of their student loans. One of the problems I hear most often ... Read More »

                How Can We Really Get Out of Debt?

                No problem

                Question: What is the Secret to Getting Out of Debt? Dear Steve, My husband and I have been limping along just breaking even for sometime now just trying to dig ourselves out of debt and save money. We’ve cut everything back to the minimum and have to constantly tell our kids to do without. I can’t even afford for them ... Read More »

                  Dealing With the Debt Collector Advice

                  2015-02-17-shutterstock_194884730bags-thumb

                  MINNEAPOLIS, March 2, 2015 /PRNewswire-USNewswire/ — Have you ever been contacted by a debt collector? If the answer is yes, you are not alone. According to the Federal Reserve, the total amount of consumer debt in the United States now exceeds $13.4 trillion. Based on a recent study by Ernst & Young, third-party debt collectors recovered $55 billion in 2013 ... Read More »

                    The Very Odd BBB Statement About Student Loan Service Managers – SLS Managers

                    warning

                    A reader just posted a complaint about SLS Managers and in looking up the company address I came across the oddest comment by the BBB about this company. SLS Managers says they are located at 23172 Plaza Pointe #128, Laguna Hills, CA. – Source But the BBB says, “BBB received returned mail from “23172 Plaza Pointe Dr #138 Laguna Hills, ... Read More »

                      SLS Managers – Consumer Complaint – February 27, 2015

                      customer service feedback

                      Consumer Statement: I was told by Kris, that she could lower my monthly student loan payments and I would have to pay a one time start up fee of 400.00 and she could get my student loans payment down to $200.00 per month. When it was time to file taxes, I discovered that the monthly $200.00 that I was paying ... Read More »

                        Can I Just Start College Over and Forget My Old Transcript?

                        Woman in home office with computer and paperwork frowning

                        “Dear Steve, I went to the Art Institute as soon as I graduated high school, I had financial issues there. They said I was behind 7 payments with the school (but even until this day that doesn’t make any sense to me, because if I was behind even one I should have been notified.) so they said I had to ... Read More »

                          Mysterious Mortgage Reduction Mailer Lands in Mailbox

                          Mortgage Offer

                          An amazing reader, Carol, sent in a new debt relief mailer through my I Buy Junk Mail program. What caught my eye at first was how the company sending out this mailer from Postal Permit 1297 is not identified on the envelope or the mailer. This clearly appears to be a lead generation mailer by some totally unknown company. Any ... Read More »

                            The Real Shit About Identity Theft Nobody Will Tell You

                            identity-theft

                            An awesome series of videos about the realities of identity theft and an introduction to the worst identity thieves around. Find out what it’s not the stranger you need to worry about and why it’s so important to monitor your credit bureau reports for activity on your current accounts. Grab the perfect beverage and spend some time watching these videos. ... Read More »

                              World Law Loses in Colorado

                              gavelangrybirds

                              According to The Gazette, World Law, the debt settlement company, has been hit with an injunction in Colorado. Allegedly, World law ran into trouble in Colorado for false advertising and violations of the Colorado Debt Management Services Act. It seems World Law did not win friends in Colorado after the company ignored a district court order to stop activities in ... Read More »

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