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Home > Author Archives: Steve Rhode (page 51)

Author Archives: Steve Rhode

The Growing Impossibility of Affordable Student Loans

college costs

Student loan debt is an impossible crisis that is the result of the divergence of society assumptions and affordability. The chart below clearly shows how the cost of both a public and private college education, while assumed to be the path to success, is becoming out of reach. The chart shows the inflation adjusted increases in costs and as you ... Read More »

    If You Don’t Like It, Get the F Out. Australian Chief of Army is a Bad Ass Who Protects Women.

    Screen Shot 2013-06-15 at 3.15.43 PM

    Now that some clear leadership from the Australia’s Chief of Army Lieutenant General David Morrison about people in the Australian Army that would demean women. I’d love to see a similar message from the U.S. military on the issue of military sexual abuse and rape. Maybe we can get this guy to drop by the Pentagon and share his message ... Read More »

      I Buy Junk Mail. Sell Me Your Junk Mail.

      You will help protect people when you sell me your junk mail.

      I’m back in the market for advertising letters and mailers people receive promising some sort of debt or credit help. As a reward for helping me scout out the latest mailers so I can review them I’m reinstating my “I Buy Junk Mail” program I offered a few years ago. Why I Do This I’ve found the best way to ... Read More »

        Student Loan Infographic. Yep, Student Loans Suck.

        Screen Shot 2013-06-14 at 9.21.03 AM

        Read More »

          Payday Loan Reality: What It Is, What It Does, and Who Falls in the Trap

          Concept of daily routine

          The kind folks over at Pew Trust did a great series on payday loans to help make them more understandable. The videos help to explain the pros and cons of payday loans and why they can be helpful for some and incredibly expensive for most. The payday loan issue is another one of those situations where when used appropriately it ... Read More »

            I’d Love to Find a 10 Year Loan to Consolidate My Credit Cards. – Lori

            raising hand

            “Dear Steve, $27k in revolving debt and another $20k already set up in low rate repayment schedule loans of debt. I just want to know if any banks offer consolidation loans for a 7 year term where they take our cards, issue payoff checks and cut our cards, anymore? I so want to pay off our debt the right way ... Read More »

              I’m Worried About My Dubai Debt in Scotland. – John

              Eilean-Donan-Castle scotland

              “Dear Steve, You have probably heard this a hundred times Steve, but I have lost my job in Dubai and am in debt through a personal loan from a bank called Emirates NBD to the tune of AED 180,000. My wife is pregnant and I do not want to risk jail on default so we are returning to the UK ... Read More »

                I Work for a Debt Relief Company and Have a Question About a Client. – Chris

                Adult Ed - Questions

                “Dear Steve, I work for a debt settlement company. A client believes he is free from debt after 4 yrs if they havent collected. Is this true? Chris” The Answer Dear Chris, I’m very happy to assist you to help this client. I believe the client is talking about the statute of limitations. The only states it is four years ... Read More »

                  Sanctuary Belize, Andris Pukke, Todd Cook, Peter Baker & Ameridebt

                  Screen Shot 2013-06-13 at 4.16.46 PM

                  Please see updates on July 15, 2013 and July 23, 2013 to this article at bottom. Recently tips and information has been trickling in regarding an old debt relief industry name I had not heard for awhile, Andris Pukke. Pukke was nailed by the FTC for his operation of Ameridebt and even did some jail time for it. You can ... Read More »

                    Will My Tribal Payday Loans Recognize My Chapter 7 Bankruptcy? – Alice

                    Sierra Exif JPEG

                    “Dear Steve, Just filed chapter 7 bankruptcy after years of struggling and I have 2 internet tribal loans. I currently have 2 internet loans – Great Plains & Plain Green. I have had multiple instances of these loans over the last couple years & paid all of them back in full & on time. And I have been paying on ... Read More »

                      Will I Be Able to Open Another Bank Account Because of My Bankruptcy? – Mary

                      Woman in home office with computer and paperwork frowning

                      “Dear Steve, I’m in the process of filing BK. I owe another bank money in overdraft fees and my present bank’s credit card is included, so I need to close that account also. I am not able to open an account at a regular bank becuz there part of a pay chex system in which the bank I owe money ... Read More »

                        My Major Depressive Disorder Let Me to a Lot of Private Student Loans I Can’t Afford. – Satasia

                        anxiety

                        “Dear Steve, The past three years have been difficult for me; I was diagnosed with major depressive disorder after a depressive episode that made me unable to attend school or work. Subsequent attempts to return to school were unsuccessful, as were attempts to treat my illness– I would start a semester hopeful, but sooner or later my illness would catch ... Read More »

                          Our Chapter 13 Bankruptcy Has Been a Nightmare. – Holly

                          path

                          “Dear Steve, My husband and I are in the middle of a Chapter 13 bankruptcy that has been a disaster from the very beginning. We were told we could only file 13 because of an appraisal on our house, a piece of property we were left from an inheritance along with several other family members (that we don’t want but ... Read More »

                            My Student Loan Debt Collector Won’t Listen to What I Can Afford to Pay

                            terrifying man

                            “Dear Steve, – I graduated college in 2009 after using what seems to be 5 different loan companies; sallie mae, chase, AES and two I can’t even remember. I have spent the last few years digging myself out of credit card debt holes due to not finding a job for almost a year after graduation. All my credit cards are ... Read More »

                              My High Income Ex-Husband Refuses to Pay What He Owes. – Jill

                              Super Hero - Female

                              “Dear Steve, My ex husband left my three children and me. Before he left he stockpiled marital assets offshore and borrowed off of our home until it was underwater. He claimed he no longer wanted to be a husband or father and signed custody over to me. Our children are 17, 15 and 13. He has not seen them in ... Read More »

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