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Home > Author Archives: Steve Rhode (page 691)

Author Archives: Steve Rhode

Mortgage Company Won’t Modify Loan Because it is an FHA. – Debora

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Debora “Dear Steve, In January I lost my job. My husbands hours were cut. We have fallen behind on all of our bills including our mortgage. I have tried to refinance so that we can save our house but our home value came back at less then what we owe so that was not an option. I am not looking ... Read More »

    Expert Testimony Worth Reading on H.R. 2309 the Consumer Credit Protection Act (Debt Settlement Industry Regulation)

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    The Consumer Credit and Protection Act was recently introduced in the House of Representatives to specifically address issues in some industries, including debt settlement. As boring as it sounds, I was actually reading the testimony of the expert witnesses at the recent committee meeting on the bill and found the segment below to be of specific interest. It appears that ... Read More »

      I Have Big Debt. I am From Guatemala. – Rebeca

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      Rebeca “Dear Steve, I have big dept. I am from Guatemala. I make 9k a month and my husband has a small bussines which makes in profit around 1k. Im trying to cut all my expenses as low as possible. I have debt in credit cards as of today for 47k I am paying a little bit more than the ... Read More »

        I Am a City of Houston, Texas Employee and Need to Repair My Credit so I can Build a House. – Jocelyn

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        Jocelyn “Dear Steve, I am a 15 year City of Houston, Texas employee. My gross income is about $27,000 a year. We get no raises or cost-of-living adjustments. However, despite my low income I have managed to purchase a piece of property. Years ago I became ill with a form of cancer and ended up filling for bankruptcy. My credit ... Read More »

          What You Buy Tells Your Credit Card Company How to Treat You

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          Thanks to @lizweston of Twitter for pointing out this very important article that all debtros need to read. What Does Your Credit-Card Company Know About You? To understand how the credit-card industry got interested in psychology, you have to go way back, to a time when many Americans didn’t have a credit card, when almost every company charged the same ... Read More »

            I Want You to Meet Who You Helped Today – Daisy Millares


            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 ... Read More »

              I’m Almost Drowned in Debts in India – Ram

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              Ram “Dear Steve, This is Ram from India and i am almost drowned into the debts. My monthly earnings after my business and house expenses are Rs.25000(the max). I have debts to the extent of rs.30lacs of which rs.4lacs(against full surrender value of my insurance policies) and remaining rs.26lacs(in the form of overdrafts, personal loans and credit cards).I have nothing ... Read More »

                What Do You Think of the CCCS company Money Management International? – Carol

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                “Dear Steve, What do think of Money Management International? Are they the same company as CCCS? I have about 60,000 in debt and I need help my husband hasnt had a paycheck since Nov I did my own modification on my house back in Jan. I have no equity in my house they just lowered the payment and gave me ... Read More »

                  I’m a Student in the UK, My Phone Bill is Almost £300 This Month and I Plan Not to Pay It – Ali

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                  Ali “Dear Steve, Hi there, i am an international student in the UK. when i got here i bought a phone contract for 35 pounds a month. i also made alot of international calls being unaware of the high international calling rates my phone bill this month is almost 300 pounds.. I have cancelled my direct debit. my address will ... Read More »

                    I Awoke to Discover I’m Accidently Smarter Than Wolfram Alpha


                    So this is one of the first days I was able to get on what is hyped as the Google killer world’s smartest search engine, Wolfram Alpha. So of course I immediately typed in my speciality to see what the search engine would say. I wondered if it would replace me? Would it eliminate the need for me to give ... Read More »

                      Illinois Attorney General Sues Two Debt Settlement Firms

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                      Attorney General Lisa Madigan and Acting Secretary of the Illinois Department of Financial and Professional Regulation (IDFPR) Michael T. McRaith warned consumers facing significant credit card debt about the risks of debt settlement offers as she announced two lawsuits filed against debt settlement firms. Attorney General Madigan s lawsuits allege that these companies engage in deceptive marketing practices, charge excessive ... Read More »

                        West Virginia Attorney General Sues Non-Profit Credit Counseling for Really Being All About Profit

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                        Attorney General McGraw Sues James R. Armstrong, Jr. and His Web of Florida Shell Companies Over Fraudulent Credit Counseling Scheme Attorney General Darrell McGraw filed a suit today alleging that James R. Armstrong, Jr. of Coral Springs, Florida, masterminded a web of for-profit companies to enrich himself under the guise of providing debt management services with Family Credit Counseling Corporation, ... Read More »

                          Able Debt Settlement Spanked by West Virginia Attorney General

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                          Able Debt Settlement, Inc., of Irving, Texas, was stopped from doing any business in West Virginia by the Circuit Court of Kanawha County as of May 14, 2009. Attorney General Darrell McGraw sued Able Debt Settlement last month, seeking injunctive relief and restitution for consumers who paid for debt settlement services they never received. Able, formerly of Dallas, Texas, claims ... Read More »

                            Some End of Week Saturday Morning Thoughts: Technology, Friends, and You


                            I’ve never done this before, just sit down and write about the week. But what the hell, it is my blog so I’m going to exercise my executive privilege and do it. Comments I always like to start with bad news first so let me start with my biggest disappointment for the week, comments. I will admit that I am ... Read More »

                              Credit Card Reform News as Only Stephen Colbert Can Give It

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                              The Colbert Report Credit Check Gay Marriage Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Get Out of Debt Guy – Twitter, G+, Facebook Read More »

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