Question: Dear Steve, ME: 69-year-old single male living only on Social Security-no other money available. Former Radiology Tech for 28 years; a catastrophic illness put me on Disability in May 2001, where I remained until I turned 65 and the SSDI flipped to SSA. I live in the state of New York in Cold Spring, …
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the August 2022 Survey of Consumer Expectations, which shows that inflation expectations continued to decline across all horizons. Expectations about year-ahead price increases for gas also continued to decline, with households now expecting gas prices to be roughly unchanged a year from now. …
What began as a discussion about inflation, recession possibilities, and deleting debt, turned into a look inside the side hustle project and life. This week, Damon Day and I present another Debt Free Dudes podcast. Enjoy. Listen to the Podcast You can subscribe to my podcast on any of these sites below. Easiest way …
LendingTree conducted a study, and out of the 1,600 surveyed, nearly 40 percent admitted overspending to impress others. The primary categories were clothes, shoes, or accessories. But if four out of ten admitted this, you know the number is much higher. That is a tough conclusion to admit to, even on a survey. The survey …
Attorney Chantel Grant probably feels like she was treated unfairly in a recent Florida Bar arbitration decision. I’m assuming she feels this way because she had to pay back a consumer $4,796 for student loan debt relief assistance. This assistance is said to have included many popular tactics to attack debt. These included “an aggressive …
Question: Dear Steve, I’m a client of Elite Financial Solutions in Florida. We have up to $5000 in our escrow account through them. They did well on a number of our credit cards; however I can not even reach them anymore. Where and how do we get our money back? Neither can we contact the …
Question: Dear Steve, Please check this company loanratepal.com I have received numerous robocalls qualifying me for a loan. I can find not much information on the company, except they are owned by CT International, vidadebtrelief.com, and truvento.com on the BBB site. Answer: According to the LoanRatePal website, they appear to be a lead generation marketing …
This is a subject that hits far too close to home. Nursing home and assisted living debt and bills. The Consumer Financial Protection Bureau (CFPB) released an Issue Spotlight highlighting some of the difficulties and experiences heard from caregivers about being pursued over friends’ or family members’ alleged debts from nursing home facilities. Based on the …
Question: Dear Steve, In 1992 I had a small student loan for a career college in Indianapolis. A year later, I was sent to Federal prison and incarcerated for 26yrs and 3mos. Can I qualify for forgiveness? I definitely worked for UNICOR INDUSTRIES. Ivan Answer: Dear Ivan, I’m assuming you had a federal student loan. …
Question: Dear Steve, My son’s student debt is in repayment now for the 22nd year, late with their payments by a week or two, many times. The loan servicer (Navient) added almost $20 thousand capitalized interest to the loan due to this, plus charged late payment fees on top of that. Is it legal for …