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Home > Author Archives: Steve Rhode (page 3)

Author Archives: Steve Rhode

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 »

                Morgan Drexen Loses Big in Wisconsin

                oops

                Multiple media outlets are reporting the debt settlement company Morgan Drexen has lost a Wisconsin appeals court ruling and is ordered to refund $4.2 million in settlement fees. A state appeals court says a hearing examiner properly ordered a debt settlement company to give up $4.2 million in fees and pay nearly $2 million in forfeitures because it was operating ... Read More »

                  Corinthian College Students Refuse to Pay Their Debt

                  Women fighting

                  On Monday, former students of Corinthian Colleges Inc. declared a debt strike by refusing to pay their federal loans. These former students — who call themselves the Corinthian 15 — are the first to take such a bold stand against the current student debt crisis. At the same time, the Rolling Jubilee has just erased over $13 million ($13,384,642.14) of ... Read More »

                    Life Financial Planning Sends Out Alarming Sales Pitch. Similar to Lord Heal Our Land.

                    Life Financial Planning Pitch

                    An amazing reader sent in a new debt relief mailer through my I Buy Junk Mail program. The offer sent out by a company identified as Life Financial planning, 575 Menlo Drive #1, Rocklin, California 95765 seems to be misleading on so many levels. I would urge anyone who receives a similar offer to conduct their own due diligence. While ... Read More »

                      Can My Wife With the Boston Public School System Have Her Student Loans Forgiven?

                      Check This Out_pri

                      “Dear Steve, My wife works in the Boston public school system. has for 10+ years. she has ~$95K in student loans. I thought she should qualify for debt relief since she works in the school system. Unfortunately, they look at our joint income, which puts us out of contention. Their formula doesn’t account for all the expenses we incur with ... Read More »

                        Will Wyndham Capital Cove Force Us Into Bankruptcy?

                        middle age couple

                        “Dear Steve, My wife and I purchased a time-share at Capital Cove thru Wyndham near Washington, D.C. During a follow-up session my wife and I were told we had to upgrade or we would not be able to keep our perks of being VIPs in the company. After several attempts to make reservations, 10 months out, and not being able ... Read More »

                          What Broadway Says About Money Through Show Tunes – Audio

                          2015-02-23-KidsHappyMoney-thumb

                          Money, credit, and debt issues filter through our lives in so many ways. In this look at money through Broadway tunes, we get a closer look at what casual society has to say about being rich, poor, broke, happy, sad, and the morality of money. This program runs about an hour but it’s worth setting aside the time to listen ... Read More »

                            My Life is Hopeless. I Can’t Pay My Bills. What Can I Do?

                            Avoid Bankruptcy Monster

                            Question: I Can’t Pay My Bills. What Can I Do? Dear Steve, I’m so completely freaked out about my bills. I’m now so in debt and worried about it I can’t sleep, I’m depressed, and all my wife and I do is fight about money. I’m constantly telling my kids they can’t participate in any school events because I can’t ... Read More »

                              Bankruptcy Canada Inc. Says Ontario Debt Settlement Industry Undergoing Seismic Shift

                              gI_59907_Ontario Bankruptcy

                              New punitive provisions restricting the fees charged by debt settlement firms, effective July 1, 2015, will make it impossible for debt settlement firms to remain financially viable. (PRWEB) February 24, 2015 “Not a single debt settlement firm in Ontario will be in business eighteen months from now”, says Mark Silverthorn, former collection lawyer, collection industry insider, blogger, and author. The ... Read More »

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