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Home > Author Archives: Steve Rhode (page 31)

Author Archives: Steve Rhode

Scam Fax Promises Gullible Employees Vacation Package

Junk Fax

I just got this fax from my alleged H.R. Department, who is me. But you just know someone, somewhere is going to fall for this crap. This is clearly landing on the fax machines around the country and it appears to just be a pitch for some travel voucher and not an actual trip. You know you’ve got to worry ... Read More »

    Debt Cures Pitchman Behind Bars Serving 10 Year Sentence

    Kevin Trudeau

    Kevin Trudeau, the proverbial infomercial pitchman who has hawked and sold all sorts of miracle cure books is in the early days of serving his 10 year sentence by a federal judge. His current address is in a federal prison camp in Montgomery, Alabama. In the debt world Trudeau is best known for his 2008 book “Debt Cures “They” Don’t ... Read More »

      Take Charge America Deserves Pat on the Back

      Clapping Business People

      While this appears to be a press release sent out by Take Charge America it still deserves a pat on the back for the nonprofit credit counseling group taking action to defend against bad behavior by debt collectors. While it is not clear they took specific action against a specific debt collector, at least they are speaking up about consumer ... Read More »

        Ballsy FTC Scam Shut Down by FTC

        ftc

        In the world of scams, schemes, trips, and traps, this recent one certainly had the direct attention of the FTC. An entity was spoofing the FTC toll-free telephone number in caller ID and contacting consumers to get information from consumers. The ruse was the consumer was due a refund from some scam and the caller said they needed the personal ... Read More »

          Why Won’t Sallie Mae Settle My Student Loan Debt?

          Ready to Collapse

          “Dear Steve, I currently have a bit over $67k in student loans through sallie mae at 6.5% interest rate consolidated. I have never missed a payment and pay an extra $120 a month to pay off my loans faster for a total of approximately $681 a month to Sallie Mae. I consolidated them back in 2007. I’ve asked Sallie Mae ... Read More »

            I Filed Bankruptcy. What Should My Credit Report Look Like?

            credit good

            “Dear Steve, I filed chapter 7 bankruptcy in October 2009 and the disposition date was March 2010. I am currently reviewing my credit report, as a means of disputing any inaccuracies found on the report. Issue 1: On credit report A under public record it states that I have a $0 claim amount and a $0 liability amount. On report ... Read More »

              What is the Best Way to Get Off a Sallie Mae Student Loan as Cosigner?

              punched-in-face

              “Dear Steve, I cosigned a student loan for a friend in 2000. Friend has not paid or not made regular payments. Loan is through Sallie Mae. Loan has gone to collections. Collections agency is contacting me at work, calling my parent’s home, my cell phone. Friend does not have money to pay or says does not have enough money to ... Read More »

                HDRP Funding – National Hardship and Debt Relief Program

                img_18551

                An amazing reader Denise sent in a new debt relief mailer through my I Buy Junk Mail program. She received a mailer from HDRP Funding Department for something called the National Hardship and Debt Relief Program which they abbreviate as HDRP. It was sent from postal permit 507 in Santa Ana, California. The back of the check contains handwriting, presumed ... Read More »

                  My 5Star Bank Secured Card Was Sold to UMB Bank. They Want Money.

                  Boom! Comic Speech Bubble, Cartoon.

                  “Dear Steve, UMB Bank inherited this debt from 5Star Key Bank. Even though this was only one account, a credit card secured with my original $750 payment, UMB Bank now claims that I owe them $750 becuase they claim that there was a savings account and a credit card. They claim that the check that they sent to me in ... Read More »

                    My Apollo College Student Loan Was Sold to Sallie Mae

                    happy woman in wheelchair outdoors beach showing victory sign

                    “Dear Steve, I enrolled in Apollo College’s Vet Tech program in 2003. Through them I obtained a loan from First National Bank for the tuition of around $6,000.00. One of the first questions I asked the loan officer was whether or not my loan was of the type that would later be sold to another agency. I was assured that ... Read More »

                      Can a Credit Union Chase Me to Another State for an Old Debt?

                      Adult Ed - Questions

                      “Dear Steve, I have a debt from a local credit union in Texas. Last payment made December 2009. My credit reports shows it as collection/charged off. However they still show a balance. The Texas SOL is 4 years. I have not lived in Texas the whole time, I have lived in Florida and Texas since then. I have kept the ... Read More »

                        Can My Bank Account and Retirement Income Be Seized if I Can’t Pay a Debt?

                        Mature woman confused

                        “Dear Steve, I was sued by a law firm in the state I lived in for an unpaid debt. We went to court and there was an agreement for a monthly payment plan. Can the law firm freeze my bank account if I can’t pay the debt? I am on social security and have a civil service retirement. Frank” Dear ... Read More »

                          I Was Scared With Wage Garnishment and Paid Again a Debt I Previous Settled

                          angry woman

                          “Dear Steve, I used to have various payday loans back in 2009-2010 that I settled through a company but somehow back in April of this year, I received a called from my HR Department to let me know that my salary was about to be garnished by an agency because I had a balance of $600; even though I requested ... Read More »

                            Unemployed and No Income. Will Creditors Come After My House? – Chris

                            body outline

                            “Dear Steve, I lost my job (no advance notice) in June 2007. I was unemployed for 75% of the next 5 years. I worked for 23 months (4-2012 to 3-2014) and again lost my job. I work as a consultant primarily for Caltrans as an Inspector (bridges). In the last 6 months I’ve worked less than 60 hours and am ... Read More »

                              CFPB to Credit Card Companies – A Big Finger Wag on Offers

                              cfpb

                              Today the Consumer Financial Protection Bureau (CFPB) warned credit card companies against deceptively marketing interest-rate promotions. The Bureau is concerned that some companies are luring in consumers with offers of reduced or zero interest for a specific purchase or balances transferred from another credit card, and then hitting them with surprise interest charges. In the bulletin released today, the Bureau ... Read More »

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