Latest Posts
Home > Author Archives: Steve Rhode (page 672)

Author Archives: Steve Rhode

Dude, I Am Totally Freaking Out Over My Debt! – Margaret

Ready to Collapse

Margaret “Dear Steve, Help! We need serious advice! My husband and I have combined CC debt of almost $50,000. We have never been late on payments, but that is all about to change because we are about to hit rock bottom. In a year we have both watched our credit card scores fall from 748 and 720 each by almost ... Read More »

    My Wife is Sick and I Can Barely Pay The Regular Bills. – Joe

    Ready to Collapse

    “Dear Steve, I owe credit card companies for about $45.000. My wife is sick(can’t work and can’t get disability). What I make barely enough to pay my regular bills(power, water etc.).I was paying them always on time, but my situation is out of hands now with their interest rates and stuff. Can they garnish my wages in Florida? If they ... Read More »

      Debt Settlement Attorney Keith Nelms with Allegro Law Gets Sued in Alabama

      andy_pic_lg

      Action by the Alabama Attorney General this week further highlights the tough stance that law enforcement is taking against debt settlement companies. In this case it is against a lawyer and his related professional companies. This suit might lead other debt settlement attorneys to exit the debt settlement business to prevent the loss of their professional license. The suits and ... Read More »

        Look at Our Solar Power Production for the Past Week

        solar07062009

        This post is part of an update on solar power production at my house after the installation of solar panels and other efforts to reduce power consumption. You can read more about the project here and see the layout of panels here. I just wanted to give you a glimpse of a recent seven day period. You can easily see ... Read More »

          Solar Power Production – July 10, 2009

          solarpower07102009

          This post is part of an update on solar power production at my house after the installation of solar panels and other efforts to reduce power consumption. You can read more about the project here and see the layout of panels here.   Total Power Produced: 15.38 kWh Weather: Sunny and then partly cloudy midday. Note: Because of the nice ... Read More »

            Solar Power Production – July 9, 2009

            solarpower07092009

            This post is part of an update on solar power production at my house after the installation of solar panels and other efforts to reduce power consumption. You can read more about the project here and see the layout of panels here.   Total Power Produced: 15.91 kWh Weather: Sunny and then partly cloudy midday. Note: Because of the nice ... Read More »

              I Filed Chapter 7 Bankruptcy But I’m Scared What I Will Face. – Lee

              Ready to Collapse

              “Dear Steve, I racked up lots of credit card debt going through college and graduate school. I have always been able to make miniumum payments and still had good credit. I now have $60,000 in credit card debt, $30,000 in school loans, and I had just bought a new car two years ago. I don’t make very much money so ... Read More »

                Debt Settlement Companies and Associations Hiring Washington Lobbyists to Persuade Congress

                Ready to Collapse

                An article in The Hill talks about how the Debt Settlement industry is now hiring lobbyists to meet with members of Congress in order to make their case to continue to exist. Many states and the Federal Trade Commission have reloaded their regulatory shotguns and taken aim at rogue debt settlement companies in the past few years in hopes of ... Read More »

                  Credit Card Interest Rate Reduction Scam Closed

                  Ready to Collapse

                  At the request of the Federal Trade Commission, a U.S. district court judge has imposed a telemarketing ban on a Canadian operation that targeted U.S. consumers with false claims that it could reduce their credit card interest rates. The court entered a permanent injunction that puts the defendants out of the telemarketing business and also bars them from misrepresenting that ... Read More »

                    Debt Settlement Company Success Rate Made Public – Sucks

                    Ready to Collapse

                    Nationwide Asset Services, a company under investigation by the New York Attorney General, has disclosed that while Nationwide Asset Services promised consumers debt reductions of between 25 to 45 percent, in fact only 64 customers out of 1,981 actually completed the debt settlement plan. This means that 97% of people that enrolled in the debt settlement program not only did ... Read More »

                      Buying a Snuggie or Something From an Infomercial Can Get Your Credit Card Cancelled.

                      Ready to Collapse

                      With banks hunting with a vengeance for any available reason to raise interest rates or snap back a credit card from a customer that might cause them a loss, the data mining of what and where you buy is becoming a critical key to watch. The behavior of purchasers can indicate that a cardholder may be headed for a default. ... Read More »

                        Should We Stop Using Credit Cards Altogether in America?

                        Ready to Collapse

                        An interesting story on Marketplace about the possibility of living a life without the use of credit cards in the America. Listen to story online. Get Out of Debt Guy – Twitter, G+, Facebook Read More »

                          Solar Power Production – July 8, 2009

                          solarpower07082009

                          This post is part of an update on solar power production at my house after the installation of solar panels and other efforts to reduce power consumption. You can read more about the project here.   Total Power Produced: 16.63 kWh Weather: Sunny and then partly cloudy midday. The chart shows the problem that I currently have in the afternoon ... Read More »

                            I Want You to Meet Who You Helped Today – Clorinda

                            349415

                            It is important for you to meet who we helped today through this site. As I mention, all over the place, revenue from people clicking on ads and using the service of advertisers is used to help sponsor people in poverty through Kiva. Please visit or use the services of advertisers on the GetOutOfDebt.org site so we can help more ... Read More »

                              I Left Dubai and My Mercedes at the Airport to Avoid Going to Jail for Debt. – Christopher

                              Ready to Collapse

                              Christopher “Dear Steve, I guess my situation is nothing new. I got caught up in the economic meltdown. I was in Dubai for 2.5 years and had a very good job. As my job went out of business I got fired. I had several credit cards and a large personal loan. I did not intend on stealing anything from anyone. ... 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.