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Home > Author Archives: Steve Rhode (page 90)

Author Archives: Steve Rhode

First Choice Debt Resolution in Trouble for Unlicensed Debt Settlement

connecticut

The State of Connecticut is not very happy with First Choice Debt Resolution. According to the State: 1. Respondent is a Nevada limited liability company having its principal place of business at 5340 N. Federal Highway, Suite 206, Lighthouse Point, Florida. 2. From at least October 2009 to May 2012, Respondent engaged in debt negotiation of unsecured debt on behalf ... Read More »

    JPMorgan Chase Fighting Back Against Online Payday Lenders

    payday loan

    Props to Chase Bank for their recent announcement they will be helping their customers fight back against online payday lenders. According to a report by Jessica Silver-Greenberg JPMorgan will give customer even more power to stop debits from their accounts by online payday lenders. Bank of American and Wells Fargo have no similar changes planned. While it is a great ... Read More »

      FTC Stops Scam That Charged Companies for Bogus Online Directory

      ftc

      At the Federal Trade Commission’s request, a federal judge has temporarily halted a Slovakia-based operation that allegedly tricked small businesses and non-profits into collectively paying millions of dollars to be listed in an online directory in which they had no interest in being listed and for which they did not understand they would be charged. The FTC is seeking to ... Read More »

        How Can I Get Morgan Drexen to Delay My Payment? – Ursula

        flying girl

        “Dear Steve, I am a current participant of Morgan Drexen for less than 4 months and to date, I have not had any real concerns. My only problem is that my gas & electric bill has been very large since November and I had to make a huge sacrifice financially. I did ask for payments to be reduced because I ... Read More »

          My Life is on Hold Because of My Student Loan Debt. – Sandy

          help woman

          “Dear Steve, Deep in student loan debt ~ Approaching $300,000 ( I cannot go and look at the exact total as it will freak me out) The federal ones are manageable $136/month AES $95 a month (been paying over 3 years and it has barely made a dent in the loan payoff total) Sallie Mae – $1170 a month, and ... Read More »

            How Do You Explain What Premier National Credit Repair Did to My Credit? – Debra

            sassy girl

            “Dear Steve, I used premier national credit repair and this company did exactly what they promised. My credit score was raised by 124 points and they did get off many negative reports from my credit score. I read through your entire article and you talk about ‘it only takes time’. the company premier national credit repair was able to get ... Read More »

              Should I Drain My Savings to Payoff My Student Loans? – Sean

              Big Scam Dog

              “Dear Steve, Currently have 4 outstanding debts: Student Loan: $6,549.39 3.5% – making monthly payments of $827.25 Student Loan: $3,721.63 3.0% – making monthly payments of $537.00 Student Loan: $2,749.59 4.875% – making monthly payments of $399.23 Car Note: $5,136.86 1.9% – making monthly payments of $647.85 Current savings: $39,000…~$55,000 in 401k No other credit card debts or obligations Salary ... Read More »

                I’m Getting Out of the Army and Can’t Afford My Truck Payment. – Mark

                qa7

                “Dear Steve, I am getting out of the army soon and can no longer afford my truck payment. I called my lender located in texas and they said I would be brought down on criminal charges if I didn’t continue to pay or bring the vehicle back to them. They refuse to repo and demand I bring the vehicle back ... Read More »

                  Navy Federal Credit Union is Abusing Me. – Maurice

                  terrifying man

                  “Dear Steve, 15,631.60 unsecured loan with navy federal. I offered them 7000.00 to settle but havent heard anything back. what can I do to get them to settle? $7000 is all I have and Im willing to give them every penny. the interest rate is 16%. and I have been paying on the loan since 2007 it was intially 17,000. ... Read More »

                    My Boss is a Bully and I Can’t Take It Anymore. – Sherry

                    Women fighting

                    “Dear Steve, I just stumbled upon your site. THANK YOU for this empowering information. I’m in a tough situation. I have been employed for the past 13 years at my company and am at the top of the pay scale for my position. I’ve got a lot of credit card and personal loan debt (36,000 all together) that I planned ... Read More »

                      My Deferred Student Loans Show Up as Bad Marks on My Credit Report. – Crystal

                      mysterious

                      “Dear Steve, Four student loan accounts are coming up as negative on my credit report. – They are deferred until 06/2014 – They show no amount past due – They show no “Date Major Delinquency First Reported” – Under “Date of First Delinquency: N/A – Two were opened on 6/15/2005 – Two were opened on 3/10/2006 – Under the 81 ... Read More »

                        I’m Being Sued by Midland Funding Over a Chase Bank Account.

                        closeup of a gavel on cash, from above

                        “Dear Steve, I found attached file hanged on my front door. The debt is a credit card I had with Providian, who was absorbed into WaMu, who was absorbed into Chase. May be Chase sold the debt to Midland funding. Please advise me.” The first step is not to panic. i read through the suit and of all that I’ve ... Read More »

                          Is Consult America Legit?

                          chalkboard

                          “Dear Steve, First of all, I want to say thank you for putting this site together. I hope God takes care of you and your family in the best way possible. I’m not sure if this will lead to anything or not, but I’m hopeful. I’ve currently accumulated quite a bit of debt (more than I ever imagined I could). ... Read More »

                            American Express Closed My Account. I’m Not Happy, They’re Not Happy. – Adam

                            Financing a budget

                            “Dear Steve, Applied for an American Express gold card and qualified received my gold card all was well. Used the gold card on a credit card terminal in my name under my business (did not know this was illegal or against their policies and I was not doing it for illegal reasons) they closed my account immediately. I then explained ... Read More »

                              Struggling, No Savings, and Family is Telling Me to File Bankruptcy. – Kimberley

                              Mature woman confused

                              “Dear Steve, 53, steady income 57k, additional income from roomate of 25k, only assest 2008 car, mortgages 324k, cc debt 28k, 80k in retirement but no savings. Considering chap7 to eliminate cc debt. Current but struggling due to additional income of roomate has decreased due to medical problems. household expenses and mortgages are consuming most of the current household income. ... Read More »

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