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Home > Author Archives: Steve Rhode (page 671)

Author Archives: Steve Rhode

I Bought an HP Computer Using Their Credit Card But I’m Being Penalized – Karen

hp card

Karen “Dear Steve, I bought an HP computer with their credit card deferring the payment for 6 months. Missing the first payment $65 they charged a $39 late fee. I made double the payment to cover both. Since then payments were $150, 2 @ $120, $200. The late fee is still showing as a separate entity with its own finance ... Read More »

    I Went Bankrupt and My Financial Situation Has Taken a Turn for the Better – Roger

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    Roger “Dear Steve, 6 months ago I filed Chapter 7 and it was discharged. Since then my financial situation has taken a turn for the better with a higher paying job allowing me to save money on a monthly basis and in turn hopefully invest and I am no longer living paycheck to paycheck. At this time I have the ... Read More »

      I Live on a Fixed Income and Owe $52,000 in Medical Bills on Credit Cards – Patricia

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      Patricia “Dear Steve, I owe unsecured dept in the amount of 52,000.00. These are mostly medical bills applied to credit cards. I live on a fixed income and would like to know if there is some government grant that is free. I would really like to get out from under this debt as I do not have enough money left ... Read More »

        I’m a College Student With a Big Car Payment – Rachel

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        “Dear Steve, I bought a Kia Spectra in 2006 and financed through Wells Farge with a 10% rate, due to my credit not being wonderful. I was just a sophmore in college and needed a car so I had no choice. I tried to find the cheapest new car so I would have a reliable form of transportation. My monthly ... Read More »

          New York Times: Debt Settlement Industry is Nervous

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          If you are interested in the comings and goings of the debt settlement industry I think you’ll find the artcile in the New York Times titled “The Debt Settlement Industry Is Busy, but It’s a Bit Nervous, Too“, interesting. Noting “the legal firestorm that has subsumed the debt settlement industry” in recent years, Jeffrey Tenenbaum, a lawyer representing dozens of ... Read More »

            I’m a 37 Year Old Student, Working Part Time and Mother of 4. – Kim

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            Kim “Dear Steve, Student at 37, working part time and full time mother to 4. I have just graduated with my associates degree and working (making $11 hr.). I have a daughter (14) and custody of 3 neice (8, 11, 12). Now that I am back in the work force I am wanting to start taking care of my old ... Read More »

              We Are Going to Sell Our House and Travel Around in an RV. – Deb

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              Deb “Dear Steve, Our situation is not pretty but, could be worse. Purchased home in 98 for $124. Several re-mtgs. I believe it’s worth $200+. Our jobs are lost. We have mod. credit debt. and x2 car pymts. Minimal income now and can be increased w/new jobs. We’re thinking of selling and RV’ing it. Is it possible to sell in ... Read More »

                I Got a Court Summons for Credit Card Debt. What Do I Do? – Denise

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                Denise “Dear Steve, Have about $50,000.00 of credit card debt. Have received a court summons for credit card debt. How do I reply? Denise”   Dear Denise, If you got a summons then one or more of your creditors is suing you. You can always hire a local lawyer to give you legal advice or you can follow the instructions ... Read More »

                  I’m Trying to Get My Lender to Modify My Mortgage But They Don’t Seem to Want to – Debbie

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                  “Dear Steve, I was laid off from my job in April 2008. I have been collecting unemployment insurance and doing some contract work. I have a first and second mortgage and some credit card debt. I am not behind nor have been late on any of my obligations. I am not upside down on my mortgage in fact I have ... Read More »

                    My Chapter 13 Bankruptcy Was Dismissed by Trustee But I Want to Keep My House. – Norma

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                    Norma “Dear Steve, Due to medical condition requiring several surgeries within last three years, I had to file for Ch 13 bankruptcy but it was dismissed by trustee for not being able to meet the amount of payments the court required. My debts are two mortgages, medical bills, personal loans to family members, a judgement and student loans. What can ... Read More »

                      Financial Education For High School Students Does Not Work and Could be a Waste of Time and Money

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                      In what feels like a never ending series of debunking articles about financial topics, like why a 15 year mortgage is less safe than a 30 year mortgage, here is another installment, this time about financial education. Typically financial education classes are touted as some sort of inoculation that can be given to high school students to prepare them for ... Read More »

                        I Put My Girlfriend’s Electricity in My Name. She Screwed Me Over.

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                        Noname “Dear Steve, I helped a girlfriend out with putting the electric in my name at her resisdence. I assumed she paid the bill. When I moved to my residence and established electric service, they attached the past due bill on, In addition attached a bill from 7 years ago from a previous address. In the state of Illinois what ... Read More »

                          This is Why I Hate 15 Year Mortgages and Think They Are Risky

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                          Judy “Dear Steve, I have 90,000 in credit card debt, I currently have a 15 yr mortgage which has 11 years left payment 1413.00 per month, I also have a second mortgage at 40,000 paying 485.00 per month with 11 years left my current take home is 3,800 per month. I’m in trouble. I’m receiving help from friends and family ... Read More »

                            I’m Having a Tough Time Affording My Kia Sportage Payments. – Theresa

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                            Theresa “Dear Steve, I Bought a car last year a 2005 kia Sportatge for originally I think it was 11 thousand but the car dealership I bought it from was a ford company and they really socked it to me my payments are 211 every 2 weeks for 72 months which made it sound manageable But I still owe 16 ... Read More »

                              I’m Broke and Living With My Parents. My Credit Card Company Wants Me to Send Them a Letter. What Should I Say? – Noname

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                              Noname “Dear Steve, Hi, I am currently unemployed and broke living with my parents just barely getting by. I have about $3,000 in credit card debt which is 90 days since last payment. I am actively seeking a job now and called the credit card company and told them about the situation. The credit card firm said that I should ... Read More »

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