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Home > Author Archives: Steve Rhode (page 62)

Author Archives: Steve Rhode

My Student Loans Are Deferred And I Can’t Pay My Other Debts. – Annie

sad-woman

“Dear Steve, I owe over $20k in credit cards (Discover and Visa, both of which are maxxed out) and over $40k in student loans (which are currently deferred). I changed my spending habits and budgeting over the last 6 months. Despite all of this, I am still only able to make slightly more than the min payments every month (before ... Read More »

    Denied for a Debt Consolidation Loan. What Now?

    Rejected stamp

    “Dear Steve, Total credit card debt due to starting an unsuccessful business that was good for about a year and a half then crumbled with the economy. Both lending club and prosper have denied me loans and my credit rating is 720. I am never late paying anything but am drowning in debt. I don’t know where to turn to ... Read More »

      I’m a Diabetic and Medical Debt is Dragging Me Down

      medical-bills

      “Dear Steve, I have been diabetic since the age of 5 or 6 and not able to work but get a disablity ckeck I am 34 yrs now. 20 yrs ago I was in hospital and a 20k dollar bill has turned into close to 80k dollars. Please help me what should I do??? I DONT OWN ANYTHING AND LIVE ... Read More »

        My Husband Had a Traumatic Brain Injury and We Are In Debt. – Bobbi

        brain

        “Dear Steve, My husband has a traumatic brain injury and currently in therapy. He was on the job and he does get the workman’s comp pay each week. I have been told that when my husband goes back to his job they plan to fire him asap. He will not be able to do the job he had before the ... Read More »

          I’m 25 and Not Making Enough Money to Pay Off My Debt. – Jackie

          math

          “Hi Steve, I am a 25 yr, who has a big load of student debt and i have debt from two credit cards when i was 20. I only make 20,000 a year so there is no way i can pay if off. If i have credit card debt from when I was 20, and never touch it yet, what ... Read More »

            It’s Been So Many Years But First Card Visa Collection Company Contacted Me. – Sally

            hiding-1

            “Dear Steve, I was contacted by a collection agency regarding a First Card Visa that was opened in 1991 and closed as a charge off in 2006. They just contacted me yesterday and it’s 2013! Can they still collect from me even though it was a charge off? I am aware that collections is big business and they coming out ... Read More »

              I Feel Cheated by Debt Validation of America and The Firm. Help! – Bonnie

              help woman

              “Dear Steve, Several years ago I contracted with Debt Validation to negotiate and pay off my debts. Over two years, I gave them $400 per month, totally about $9,000. I have not been able to get info from them for awhile, and now I just found out they went bankrupt, are being picked up by The Firm, who did not ... Read More »

                Where Can I Really Refinance My Private Student Loans? – Eveline

                loan-approved

                “Dear Steve, Ex husband co-signed on private student loan while married. There is a balance of approx. 11,000 left on the loan amount. My credit is bad, and I have not been able to refinance in my own name, of course Wells Fargo will not do it because it is better to have 2 signers responsible for this than 1. ... Read More »

                  Do You Do Personal Debt Counseling to Help Me Get Out of Debt? – Gayle

                  raising hand

                  “Dear Steve, It is way too long to write about but a couple bad divorces and helping my children through college then losing my own job. Long story short, want to get out of debt. Do you do personal debt counseling or help set up plans to get out of debt? What is the cost? Gayle” The Answer Dear Gayle, ... Read More »

                    Get Out of Debt Guy Meetup Group. It’s Free! – Info / Join

                    thumb up

                    I’ve started a new free outreach through Meetup.com and have created both a local and virtual support group meeting. There is no charge to participate and no products or services are sold. This is just an opportunity for me to help people in person and online through our virtual meeting. You Are Not Alone No matter what debt situation you ... Read More »

                      Nonprofit Mpowered Appears to Mislead Consumers

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                      A Facebook friend brought Mpowered to my attention and asked me about them. Mpowered was formerly Community Credit Counseling Services and is located in Colorado. The person wanted to know what I thought of their program. Since I have no personal knowledge about the solutions they offer I had to go to their website and rely on what they have ... Read More »

                        The CFPB Civil Action Against Mission Settlement, Levitis, Lupolover, and Others

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                        The Consumer Financial Protection Bureau (CFPB) took action yesterday in a coordinated effort with the Manhattan U.S. Attorney and took both civil and criminal action against Mission Settlement Agency and others. Named in the civil complaint filed were Mission Settlement Agency, Mission Abstract, Michael Levitis, Law Office of Michael Levitis, Premier Consulting Group, and Law Office of Michael Lupolover. Information ... Read More »

                          Is Green Student and StudentLoanService.us for Real?

                          run away

                          “Dear Steve, Can someone check this website out for me before I make a mistake and sink my money into it to get out of debt with my Federal student loan? I called them up and they gave me a spelle saying that if I gave them 1% of my Student loan debt of 60,399.00 that they could erase my ... Read More »

                            AFCC Takes Some Action and Suspends Mission Settlement Agency

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                            Yesterday I wrote an article that was critical of the AFCC for their lack of action against Mission Settlement Agency and Rescue One. I have to give them a pat on the back for doing something this time. The AFCC has taken a little bit of action and suspended Mission Settlement Agency as a member. In my opinion they should ... Read More »

                              How Debt Settlement Employees Can Avoid Long Jail Time

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                              Yesterday a U.S. Attorney announced criminal charges against debt settlement company owners and employees for fraudulently selling debt relief services to consumers in financial trouble. The Indictment laid out a pattern of activity that many inside debt settlement companies will recognize, if they swivel their chair around. Sadly, what has been assumed to be the normal way to run a ... Read More »

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