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Home > Author Archives: Steve Rhode (page 5)

Author Archives: Steve Rhode

Why Have My Private Student Lenders Not Sued Me Yet?

stop_paying_for_credit1

“Dear Steve, I went to a public school and obtained 2 degrees. A good portion of my student loan debt were in private loans. The economy crashed in 2008 and I couldn’t find work in 2009 so I went back for more education to hide from the economic realities (I had no way to pay on the loans). Sallie Mae ... Read More »

    Hummingbird Credit Counseling Sues the United States of America

    tax_scam_victims

    Hummingbird Credit Counseling and Education has filed suit against Attorney General Eric Holder, Department of Justice, and Executive Office of United States Trustee. This suit asks for a declaratory judgment and injunctive relief. This case caught my attention because it’s not often you see a credit counseling company suing the USA and it appears this is yet another debt relief ... Read More »

      Where Can We Get a Lower Federal Student Loan Interest Rate?

      calculator

      “Dear Steve, My son is out of the country and I am paying off his loan. We are seniors. He has volunteered to pay himself. However, by the time currency exchanges have been calculated, it is cheaper for us the pay his loan. We have ‘myfedloan.org’ loans at 6.8% which I think is very high. Is there anywhere we can ... Read More »

        Today in Debt Relief History – Consumer Affairs Law Center

        burning_through_paycheck

        Frankly I get sick of writing about lawsuits in the debt relief industry between partners that have a falling out. But the reason I find the complaints often fascinating is they provide a look into the history of some organizations and entities. We get to learn how the whole thing developed. In this case we have the April 1, 2015 ... Read More »

          Family Makes Their Mortgage Payments But Gets Foreclosed On Anyway

          oops

          How ridiculous would it be if you made all your mortgage payments in full and on time for years and your mortgage lender foreclosed on you anyway? Surely that could never happen. Unfortunately, that’s exactly what happened to Henry and Elizabeth Manfrediz, a lovely married couple with four kids and a cute dog, who live in Florida. Henry and Elizabeth ... Read More »

            How Can I Payoff Massive Parent PLUS Loans My Mom Can’t Afford?

            tax_audit_questions1

            Dear Steve, My situation is similar to those asking about student loans and repayment. My Mom had to take out parent plus loans under her name to help me with school. We both understand the responsibilities we have. However, she can barely afford to pay for her rent and food on the money she makes. Therefore, I’m the one making ... Read More »

              United Credit Consultants Awarded Gold Stevie® Award In ‘Collaboration Solutions Category’ As A Credit Repair Services Company

              chicken

              Burnsville, Minnesota (PRWEB) March 31, 2015 – United Credit Consultants was honored during awards gala banquet in late February at the Bellagio Hotel in Las Vegas. More than 500 executives from the U.S.A. and several other nations attended. United Credit Consultants was presented with a Gold Stevie® award in the ‘Innovation In Sales’ category in the ninth annual Stevie® Awards ... Read More »

                Consumer Services Corp / Client Services Debt Relief Mailer

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                Recently I’ve had several different mailers sent in that seem to continue the past theme of looking like official notices, government mailers, or continuing to use official seals or logos. Here is one of them. Consumer Services Corp. / Client Services The one below from Credit Services uses an official looking seal and the mailing address appears to be a ... Read More »

                  MSI Credit Solutions Opens New Office in Memphis

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                  Frisco, TX (PRWEB) March 30, 2015 MSI Credit Solutions is proud to announce that they have recently opened a new office location in Memphis, TN. The new location will allow the company to expand their services to more consumers in the area. The new office will be located at 930 S. White Station in Memphis, TN within the Keller Williams ... Read More »

                    Is the AAFES Military Star Credit Card Screwing Over Veterans?

                    Where did my debt relief company go?

                    Ashley Woods wrote to me and expressed grave concern about a situation she ran into with an AAFES Military Star credit card she owed. It’s one thing to have a balance due but it’s quite another when the collection company appears to just make up what you owe. Ashley she was contacted by Transworld Systems and appears to have gotten ... Read More »

                      Should We File Bankruptcy Because of Business Debts?

                      Writing Q&A, Questions and Answers on a blackboard.

                      Money, Credit and Debt Advice – Get Out of Debt Guy Question: Is There Hope for Us in Bankruptcy? Dear Steve, We have roughly $80,000 in credit card debt. We have 4 children, 2 in college and 2 yet to go. We own a small business that we run out of our home in addition to my being a teacher. ... Read More »

                        CFPB Stops Bad Check Debt Collector From Frightening Consumers

                        cfpb

                        Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against a nationwide debt collection operation and its chief executive officer for using deceptive threats of criminal prosecution and jail time in order to intimidate consumers into paying debts for bounced checks. The company also misled consumers into believing that they must enroll in a costly financial education program ... Read More »

                          Debt Relief Scammer Gets More Than 11 Years Behind Bars

                          mans hands behind bars in jail or prison

                          Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), and Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, today announced that Jonathan L. Herbert, age 36, of Lighthouse Point, Fla., was sentenced today to 140 months in federal prison for wire fraud in connection with a fraudulent mortgage relief scam. Herbert operated the ... Read More »

                            How Can I Get the Debt Collector to Stop Bothering Me?

                            Debtstar

                            Question: Dear Steve, I’m getting really tired of being hassled for an old debt I don’t owe. I keep trying to explain to the debt collectors that I don’t owe the bill they keep trying to say I need to pay. What can I do? Mary Answer: Dear Mary, Being chased for a debt you don’t owe is not fun. ... Read More »

                              Should I Eliminate My Debt With Debt Settlement or a Debt Negotiator?

                              millennials_credit

                              “Dear Steve, I am looking for help to get my debts in order. I owe approx. $30,000 (9) credit cards, (1) loan. The accounts are all closed and are shown as being charge offs. I don’t know if I should go the Debt Settlement route or Debt Negotiator route. I’m starting to get phone calls and letters from these creditors ... Read More »

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