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Home > Author Archives: Steve Rhode (page 27)

Author Archives: Steve Rhode

Selling You a BS Copy of Your Deed Gets Pissy

afraid alone

Recently I wrote about a BS mailer from some company called Record Transfer Service and it was called a Deed Processing Notice. My objection was the mailer was offering consumers a copy of their deed, many can get online for free. Well it seems the bad blood of this effort extended back to 2012 when one party, Secured Document Services ... Read More »

    Continued Downward Pressure In Debt Relief Demand

    Mature woman confused

    The latest round of statistics is out showing what consumers are doing when it comes to debt. On the surface it appears the amount of debt is going up and that’s good news for credit counselors and debt settlement companies. A closer inspection though continues the gloom forecast for such services. While consumer debt is up, revolving debt, the bread ... Read More »

      United Credit Consultants Says the Darndest Things

      oops

      In a story I’ve been working on for a bit, United Credit Consultants in Minnesota had said something in a press release that caught the attention of readers who brought it to my attention. It seems United Credit Consultants was saying they had FICO certified negotiators who could provide debt settlement service. But not only did UCC wind up with ... Read More »

        Should We Signup With Starr Law Group? – Steven

        starr law group 2

        “Dear Steve, If possible please review attach file and advise if this is right move to make. Thank you Steven” The Answer Dear Steven, I received the three page document you sent. While you did not tell me exactly what the problem is you are trying to address, I can only assume it has something to do with your mortgage. ... Read More »

          Why Isn’t AmeriFree Licensed in Their Own State?

          Screen Shot 2014-03-06 at 2.50.40 PM

          A reader asked me why a debt relief company AmeriFree, located in Arizona, was not licensed as a debt management company according to the state AmeriFree is located in. My answer was, “don’t know” so I went to investigate. AmeriFree can be found at amerifree.com and their domain regisration says they are located at: AmeriFree Financial, Inc 1920 E Broadway ... Read More »

            Foreign Scammers Targeting U.S. Companies Stopped by FTC

            Screen Shot 2013-11-18 at 11.35.13 AM

            In an action brought by the Federal Trade Commission, a federal court has banned a Slovakia-based operation from the online directory business and entered a $9 million judgment against them. “The last thing small business owners need is someone trying to trick them out of their hard-earned money,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection. “The ... Read More »

              Who is Cornerstone Legal Group?

              Searching-right

              A reader wrote in and wanted to know more about a debt relief company, Cornerstone Legal Group. I am not familiar with the company at cornerstone-legal.com so I’d love to hear from anyone who has used this company in the comments below. If we look at the ownership of the domain name it does not help to solve the mystery, ... Read More »

                CFPB Sues For-Profit Colleges to Stop Screwing Students

                punched-in-face

                The CFPB announced yesterday they filed suit against ITT Educational Services, the owner of a number of for-profit colleges. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against ITT Educational Services, Inc., accusing the for-profit college chain of predatory student lending. The CFPB alleges that ITT exploited its students and pushed them into high-cost private student loans that were ... Read More »

                  Deaf Reader Sends in Student Aid Center Transcript

                  Mature woman confused

                  An apparent deaf reader sent in the following TTY transcript of a sales pitch from Student Aid Center. It appears the group is charging the deaf consumer a total fee of about $14,000 ($199 x 3 plus $56 per month for 240 months) for a service the consumer could get for free directly from the Department of Education. If that’s ... Read More »

                    Debt Relief Salesperson Sentenced to Jail for Marketing Misrepresentations

                    mans hands behind bars in jail or prison

                    A Florida man was sentenced today to serve 12 months and one day in federal prison for defrauding thousands of homeowners in a $4 million nationwide home loan modification scheme. Special Inspector General for the Troubled Asset Relief Program (SIGTARP) Christy Romero, Acting Assistant Attorney General Mythili Raman of the Justice Department’s Criminal Division, and U.S. Attorney Carmen M. Ortiz ... Read More »

                      Fake Looking Official Mailer for Student Loan Assistance

                      Student Loan Services Pre-Qual

                      An amazing reader, Emily, sent in a new debt relief mailer through my I Buy Junk Mail program. As you can see from the outside the mailer does not identify the company and pretends to look like an official mailer. It comes from postal permit 1297 in Sacramento, California, which has been responsible for sending out other debt relief mailers. ... Read More »

                        Big Changes Afoot for CareOne

                        news2

                        Whispers online were telling me about big changes to CareOne coming. According to CareOne spokesperson Suzanne Coblentz, there are. “CareOne, a subsidiary of Ascend One, will continue to provide the same great service our customers have come to expect from CareOne. For the time being, the CareOne brand will continue to be in the market, but will not be making ... Read More »

                          Now Here’s a New Scam Involving Your Property Deed

                          Buy Your Deed

                          The BBB has alerted me to a new scam that is really a scam by omission. It seems a mysterious company is using a DC mailing address to send out “helpful” notices to consumers that they can buy a copy of their property deeds for only $83. However what the mailer doesn’t say is most people can get a copy ... Read More »

                            FL Judge to Debt Settlement Companies. Fuck Me? Fuck You!

                            waving

                            In 2012 there was a stinker of a class action settlement offered to consumers in a Florida class action case. An agreement was reached in that settlement where the attorneys got paid, cash awards were made to charities and the 125,000 harmed consumers got nothing. Consumer organizations objected as unfair. You can read about that case, here. Thanks to an ... Read More »

                              Sham Law Firm Employee Headed to Jail for Credit Repair

                              mans hands behind bars in jail or prison

                              Eric Phillips of California is going to have 33 months in federal prison to think back about his glory days of allegedly helping to create Georggin Law, pay the attorney who risked his license some compensation, and fleece consumers for credit repair services. As complaints about the debt relief services began to pile up with the FBI, an investigation began ... Read More »

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