Latest Posts
Home > Author Archives: Steve Rhode (page 48)

Author Archives: Steve Rhode

Expect Nothing and Appreciate Everything

expectations

Now here is a message that everyone can benefit from hearing. The reality is we are entitled to nothing in our lives. The next breath, the next day, the next laugh and hug, they are all gifts. We take for granted the joys and benefits life has to offer, even in the worst of times. But we should not. Just ... Read More »

    FTC Gets Ass Kicked on Appeal and Wins at Same Time

    mistakes

    Back in 2012 the FTC lost a case it had brought against Corey Butcher, Brent Butcher, and Financial Freedom of America, Financial Freedom Processing. The case was one where the FTC said the performance statements made by the debt settlement companies were not accurate and could mislead consumers. In what seemed like a ruling from an alternate universe, the judge ... Read More »

      The Private Student Loan Lawyer Says I Have to Settle

      Sagging Economy

      Dear Steve, I have defaulted on a student loan in the amount of $33,240 with NCO. A law firm has called me and says that I must settle for $26,592 in the month of August or I can get on a repayment plan for $9,972 and then a monthly payment of $332 but keeping in mind my interest will accrue ... Read More »

        My Daughter Spent a Lot of Her Student Loans on Living Expenses, Not Tuition

        College Tuition Expenses

        Dear Steve, I co-signed for approximately $35,000 worth of school loans for my daughter. She graduated from Chatham University in 2010 with a bachelor’s degree in psychology. She could not find a job in her field paying over $25,000 per year. She went back to school and has since graduated with her degree in nursing and is taking her boards ... Read More »

          Mortgage Modification Attorney Gets Her Day in Court. Ouch!

          Screen Shot 2013-08-09 at 10.48.19 AM

          Pamela Stacey Gerber-Gressier gets to spend many days in court after being sued by the State Bar of California. PSGG has been the subject in a number of mortgage modification stories over the years. See here and here. She’s also been associated with The Remedy Group, Remedy Law, Prudent Law, and Prudential Law to name a few. All of these ... Read More »

            YOLO and a Message From the Heart From This Wonderful Fat Ass – NSFW

            Screen Shot 2013-08-08 at 10.04.02 PM

            This is a really good message from this YouTuber about what he has learned about living life without any concern over his quality of his life. It’s a great message that is good to listen to. I applaud him for making the video. As he says, “Why should you listen to this fat ass?” It’s because he learned some really ... Read More »

              I Can’t Afford My Sallie Mae Student Loans With My Art Degree. – James

              painter artist dog

              Huffington Post Reader Question Dear Steve, Attended the Art Institute of Ft. Lauderdale, FL for game art/illustration from 2004 to 2006, transferred to the Art Institute of Philadelphia, PA for animation, from 2006 to 2007, transferred to the Pennsylvania Academy of the Fine Arts in 2007 and graduated in 2012 with a certificate in painting. I have a total of ... Read More »

                Nicholas Torgerson Sued in Florida After Following Fidelity Land Trust and Others

                surprise

                According to information sent in by a tipster (send in your tips here) another domino has fallen in the efforts to stop the ridiculous land trust efforts being sold in Florida to protect homes from foreclosure. On July 22, 2013 I wrote this article about how players in the Fidelity Land Trust scam had allegedly sucked in a willing participant, ... Read More »

                  Key to Success – Key to Failure

                  success copy

                  This is so true, isn’t it. For some people, no matter how hard they try, they feel they can never win. But isn’t the key to be happy with your efforts and not look to others to validate your accomplishment? Do what you feel is right, your best job, and create a legacy you are proud of and make that ... Read More »

                    Something People Never Tire Hearing

                    Thank You - Words on Yellow Sticky Notes

                    Sometimes it can just go a really long way to stop and say thank you to someone, for even the littlest thing. But you have to say it and mean it for maximum impact. Earlier today I held the door for a woman as she left the coffee shop and she said thank you and I could just feel as ... Read More »

                      Mortgage Lawsuit Network – Consumer Complaint – August 7, 2013

                      customer service feedback

                      Consumer Statement: Back in March of this year we decided to call Mortgage Law Suit Network to see if they could help us with our Bank of America situation. This is when the trouble began for my family we spent 5000.00 on a retainer and 800.00 per month to stay active in the suit. Consumer Action Taken: We have asked ... Read More »

                        Wells Fargo Home Rebate Credit Card – Yawn

                        The card leaves me yawning.

                        Is the Wells Fargo Home Rebate Credit Card a smart card to use? Despite an initial flurry of rebates, 3% rebate on gas, grocery, and drugstore net purchases for the first 6 months, cardholders will get 1% rebates that will pay down Wells Fargo home mortgage. So let’s do the math here. First off, a perfunctory hooray for rebates. But ... Read More »

                          Student Loan Relief Center is Trying to Sell Me Help

                          calculator

                          “Dear Steve, I currently have my student loans consolidated under the Fedloan Servicing, under the graduate repayment plan, with my debt being $42,000. Recently the Student Loan Relief Center contacted me saying they can save me money by switching to them. I qualify for the income based repayment plan and they made it sound so enticing by saying I pay ... Read More »

                            July 2013 Senior Loan Officer Survey Shows Flat Line for Debt Relief

                            Screen Shot 2013-08-06 at 12.27.34 PM

                            As an indication of future demand for debt relief services, a good place to look for clues is the Federal Reserve report on senior loan officer plans. The July 2013 survey is just out but paints a continued flat line picture offer increasing unsecured consumer loans. “Responses from domestic banks indicated that they were somewhat more willing to make consumer ... Read More »

                              California Mortgage Modification Scammers Get Jail Time

                              mans hands behind bars in jail or prison

                              The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) today announced that on July 29, four California men were sentenced for defrauding hundreds of victims in a real estate scam that included fraudulently collecting upfront fees for loan modification services and sending fake letters with mortgage servicer logos offering home loan modification assistance. Victim losses ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.