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Home > Author Archives: Steve Rhode (page 686)

Author Archives: Steve Rhode

Are the Collectors Lying to Me? – Janet

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URGENT QUESTION! Janet “Dear Steve, I am now getting phone calls from creditors with deals to wipe half off & low monthly payments – I am worried that the wiped off half will be given to a collection agency later on. Where were these people when I asked for help before I got behind? I think we should just finish ... Read More »

    Should I Take Money Out of My IRA to Pay My Credit Cards? – David

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    “Hi Steve, My wife is out of work and I was for about a year. We have about 40K in CC debt and there is no way I see to get rid of that. We have 2 houses and can’t selll the one we do not live in as the market stinks. We have the two mortgages. I have 54K ... Read More »

      I’m a Soon to be Homeless College Student With Unpaid Rent. – Danielle

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      Danielle “Dear Steve, I currently owe $1,465 for rent cause I lost my job and now its in collections an my sister wants me and my 2 year old daughter out. How can I get help paying it I’m a full time student in college? Danielle” The Answer   Dear Danielle, It sounds like you’ll need to not be a ... Read More »

        I am a College Student and Owe Bank of America $1,200. – Keith

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        Keith “Dear Steve, I am a college student, with bad credit. I have one bank of America credit card that I haven’t used, but it is $1,200 past due because I haven’t made payments. With one more year of college left, I need to know how I can resolve this credit situation. My college loans do not pass 20,000 for ... Read More »

          I Have Bad Credit And Want a Loan to Pay Off My Payday Loans. – Charlene

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          Charlene “Dear Steve, Please I need some help right now. I dont know why I did this but during the holiday season I needed xtra cash and i got some payday loans and all of a sudden my checking account was in the red for almost a thousand dollors and right now my checking account is well over a thousand ... Read More »

            Eleven Companies Settle With The State Under New Debt-Management And Credit Counseling Regulations

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            Colorado Attorney General John Suthers announced 3-12-2009 that enforcement actions taken under debt management laws that came into effect last year have resulted in settlements from 11 companies. “In this current economy, consumers need to be particularly careful about offers to eliminate debts and erase negative information from credit records,” Attorney General John Suthers said. “Consumers should avoid paying large ... Read More »

              I’m Not Making Any Progress Paying Back My Sallie Mae Student Loans. – Krista

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              Krista “Dear Steve, I have just over 74k in student loan debt with sallie mae. One bill is for about 55K at a 5.1% interest rate. The other if for about 19k at a 4.75% interest rate. I have been paying $550 a month for almost a year now and I am not seeing a reduction in my loan! Please ... Read More »

                After the New Truck and Dental Bills, We Can’t Afford Our Home. – Cassie

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                Cassie “Dear Steve, My fiance and I bought a house about a year and a half ago. When we purchased our home we were making more than enough money to pay ALL our bills. Since then, my fiance bought a truck and needed major dental work done… And on top of that, we have aquired about $6,000 worth of credit ... Read More »

                  I Fell Behind and Can’t Get Caught Up. – Paula

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                  “Dear Steve, I can’t meet my monthly payments. I lost my job after 23 years, but have found another one and am currently working, but fell behind and cannot seem to catch up! My credit isn’t good because of late payments. I do have decent income, but fell behind and am drowning just trying to get caught up. Paula” The ... Read More »

                    We Are Using Money From Our IRA to Pay Our Bills. – Sandy

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                    “Dear Steve, This is going to sound like we are are sleeze bags. Wife and I age 60. We owe $170K on credit cards and $295K on house that is worth at best $250K. We have about $110K in it. House was huge mistake… We have just under $500K in our IRA’s and zero in personal assets, other than Honda ... Read More »

                      Apparently Being Dead and Cold Is Not Enough to Stop Debt Collectors

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                      WASHINGTON – A senior senator is asking the Federal Trade Commission to investigate reported instances of debt collection firms asking people to pay their dead relatives’ credit card bills or other debts. Sen. Charles Schumer, D-N.Y., a member of the Senate Banking Committee, met Tuesday with the new chairman of the FTC, Jon Leibowitz, and requested that the agency look ... Read More »

                        I Have Too Much Debt And I’m Going Back to School. – Ken

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                        “Dear Steve, Hello i have to much debt i am going back to school and need some relief i want to pay what i owe but i can’t make the payments Is there a way to consolodate all my debt and lower my interest rate and how will this ffect my credit Ken” The Answer   Dear Ken, No, there ... Read More »

                          We’ve Gone From No Debt to Desperate. – Rachel

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                          “Dear Steve, Three years ago we had no debt except a house payment. We chose to move closer to family and took a 2/3s pay cut to do it. My husband works in sales and we expected that the money we come, so although we are smart people we continued to spend like we had the money. Now we are ... Read More »

                            In the Netherlands, Banks Bid For Your Business

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                            Instead of researching which bank offers the highest interest rate, Dutch consumers can now put their money up for auction, getting banks to bid on their savings. After registering with new online facilitator Spaarbod, consumers state how much money they’d like to put aside, for how long and on which terms. The website automatically calculates the best rates that are ... Read More »

                              I Want You to Meet Who You Helped Today – Marife Gomez

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                              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 site so we can help more people. ... Read More »

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