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Home > Author Archives: Steve Rhode (page 3)

Author Archives: Steve Rhode

UK Bank Accounts Target of Huge Sure of Fraud

Identity Theft Warning Sign A yellow sign with the words Identity Theft on a keyboard

Apparently financial criminals in the UK have managed to double down on their focus of fraudulently accessing consumer bank acccounts. Experian is reporting consumer bank accounts saw the rate of fraudulent activity nearly double from Q1 2015 to Q2 2015. The key to these attacks is reported to be simple identity theft. Identity theft accounted for 69 percent of all ... Read More »

    Debt Relief Advocates and Debt Arbitrators Named Again in Ohio

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    I think debt relief companies often get the wrong impression about why I write articles about debt relief lawsuits. It’s not to call out the company named but to help other companies see what strategies are being used to challenge debt relief companies. In this suit the Plaintiff used an interesting approach and target the very method by which mailing ... Read More »

      Don’t Know How Much I Need to Warn Debt Relief Companies That Robocalls Suck

      french bulldog dog listening or talking on the can telephone isolated on white background

      I’ve written quite a few stories about debt relief industry problems with the Telephone Consumer Protection Act and autodialers. If you’ve ignored me till now, maybe this record fine out of the Federal Communication Commission (FCC) will get your attention if your debt relief company is dialing for dollars. This week the FCC fined a company nearly $3 million over ... Read More »

        My Navient Student Loans Are Almost Paid But How Can I Settle Them?

        This boot seems to speak about this time of economic loss. Left alone, worked hard and cast aside.

        Question: Dear Steve, I have $13,364.87 debt in federal school loans through Navient, previously Sallie Mae. I have almost paid off the accrued interest. Only $26.53 of that total is interest. I have been paying since 2000. I have two loans. One was originally $23,972.99 and is now $10,905.11. The other was originally $5,500.00 and is now $2,486.29. Do you ... Read More »

          People Are Telling Me My Art Institute Student Loans Can Be Forgiven

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          Question: Dear Steve, I’m a student at an Art Institute campus that is closing. Because of that I’ve been receiving several “debt forgiveness” “tips” from Student Optimum Services and American Student Loan Help Center. Are any of these valid? Answer: As far as I am aware, the fifteen Art Institute locations which will no longer enroll new students, are not ... Read More »

            Why Are UAE Debt Collectors Chasing Me in India?

            head-scratch

            “Dear Jon, I worked in UAE in year 2006 and returned back after 6 months to my home country (India). I got visa for USA and moved here in 2008. I have joint family in India, living in same house. One day, someone from some XYZ collections came to my home and asked about me. My relatives told I no ... Read More »

              U-Fi Student Loan Debt Reduction Mailer Review

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              An amazing reader J sent in a new debt relief mailer through my I Buy Junk Mail program. This mailer is for a purported student loan debt reduction or consolidation from U-Fi a Nelnet partnership. The mailer says you can “Save with a Refinance Loan from U-Fi.” There are a couple of concerns I have with the mailer. While the ... Read More »

                David Fishman of Arbitronix and Debtbusters Thinks I’m an Idiot

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                So I just got the following email from someone who says they are David Fishman, the President of Paladin Resolution consisting of Arbitronix and Debtbusters. I’m happy to let people express a point or opinion so here is his letter to the editor, so to speak. “Mr. Rhode. I am a subscriber to your daily blurb on the debt settlement ... Read More »

                  Can You Believe Hess Kennedy Debt Settlement Mess Still in the Works?

                  whispering

                  For those of us who have been involved in the debt relief industry, there are a couple of landmark events that created havoc for the industry and consumers. Take Ameridebt as an example. Or how about Allegro Law. But then again there were the Morgan Drexen and Legal Helpers Debt Resolution debacles. As an industry, if we are going to ... Read More »

                    Delta Law Firm – Consumer Complaint – August 10, 2015

                    customer service feedback

                    Consumer Statement: Delta law firm promise to resolve my cc debt. The got my money now want answer the phone. I got call to court an I had no support. Now they have my money and I am paying back my debt.. if someone no how I can get my money please. Consumer Action Taken: I called over and over ... Read More »

                      Former Legal Helpers Employee Wonders About Colonial Law Group

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                      I received a tip from someone who claimed to be a former Legal Helpers Debt Resolution employee who pointed out something I should look at and raised an interesting observation. The person wondered if Legal Helpers Debt Resolution may have some relationship or link with Colonial law Group since, as they observed, the client agreements are nearly identical. What! There ... Read More »

                        Another Lawyer Loses License Thanks to Debt Relief Industry

                        oops

                        I can remember a time when Resolution Law Group and The Resolution Law Group were company names I heard frequently. Well today I heard it again. The Tampa Bay Times is reporting that attorney Ian Berger who was involved with Resolution Law Group, has lost his law license. He can try to get it back in five years. Berger says, ... Read More »

                          Brunner Test Needs to Die Say These Heroes in Student Loan Bankruptcy Discharge

                          Clapping Business People

                          On July 29, 2015 the National Consumer Law Center (NCLC) and National Association of Bankruptcy Attorneys (NACBA) jointly filed a court document arguing a position in support of discharging student loans through the bankruptcy laws. Much thanks to the readers and tipster who slipped me the document. The matter of dealing with overwhelming student loan debt through bankruptcy has been ... Read More »

                            People Willing to Lose a Limb or Listen to Nickelback to Eliminate Their Debt

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                            Prosper, the online debt consolidation loan lender, recently conducted a pool about how people are looking at or dealing with debt. The big fact that jumped out at me was that nearly 3 percent of respondents would be willing to cut off an arm or a leg to have their debt eliminated. Seriously? Here are the results of the Prosper ... Read More »

                              Is United Credit Consultants Trying to Scam Google to Hide Information?

                              no bullshit

                              I just learned that someone initiated a DMCA complaint with Google to have a United Credit Consultants article I wrote, hidden from readers by Google. See update at bottom of the article. The notice sent to Google reads: “Hello, Google has been notified, according to the terms of the Digital Millennium Copyright Act (DMCA), that some of your materials allegedly ... Read More »

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