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Home > Author Archives: Steve Rhode (page 90)

Author Archives: Steve Rhode

Mass Joinder & Forensic Loan Audit Marketers Surrender Assets to FTC

ftc

A number of different companies we’ve written about before have finally met the end of the line in their efforts to sell consumers mass joinder lawsuits against mortgage companies and expensive forensic loan audits. The defendants behind an alleged mortgage relief scam have agreed to settle FTC charges that they deceived cash-strapped consumers into believing they could hold onto their ... Read More »

    Worth Unlimited Scam Comment Leads to Missing Complaints and this Review

    Performance transparency seems to be hidden or missing.

    Shane Sorensen came into the site and left the following comment on this question. He might have meant well but what is he really advising the reader to do? “Bob, check out this. This is helping me reach my goals and I’m getting out of debt in 1/2 the time and I didn’t change my income or my budget or ... Read More »

      Quicken Loans Keeps Calling Me After Turning Us Down. – Jeffrey

      husband wife

      “Dear Steve, We have an upside down mortgage. In order to make mortgage payments we pretty much maxed the credit cards. We were told by Bank of America the only reason we did not qualify for HARP was b/c we were 30 days late paying June 2012’s mortgage. They told us that since we did not have any other lates ... Read More »

        I Was Homeless and an Alcoholic and Have Some Debt. – John

        man - elderly

        “Dear Steve, I was homeless for a long time & had a drinking problem iv gone through some programs in one now that helps with rent. im 65 & on a fixed income of 730.a mo. letters say i owe 900 to a co. down so. i know theres more cant get a debt list. an dont know how i ... Read More »

          Where Can I Find a Legitimate Mortgage Modification Company? – Michael

          Loan Modification Green Road Sign with dramatic clouds and sky.

          “Dear Steve, Can you recommend a legitimate Loan Modification company anywhere in New jersey? All I hear are horror stories about these types of companies, and dealing with the bank directly is a joke. Any recommendation would be appreciated. Thank you, Michael” The Answer Dear Michael, The key point to remember is that no bank is required to modify any ... Read More »

            Job Recruitment Scam – Money Mule Scam – Run Away

            warning

            A friend of mine received an email that promised him a job. He’s been looking for a new job. He was suspicious of the email and I offered to check it out. It’s a scam that appears to prey on people who have submitted their resumes to online job boards. The Email The following email was sent to my friend: ... Read More »

              Help Student Loan Default – Review. Are They a Scam?

              Audit Stamp Shows Financial Accounting Examination

              Company Name Help Student Loan Default / College Education Services Our Impression of What the Company Offers to Consumers I saw an advertisement that claimed people with defaulted student loans could end their default in less than two minutes. That seemed misleading or deceptive since it was not a logically factual statement. It made me want to learn more about ... Read More »

                My Debt Settlement Company Went Out of Business. What Now? – Edward

                punched-in-face

                “Dear Steve, I started with Debt Relief Center (25 Crossroads Dr. Ste 404 Ownings Mills, MD 877-740-2111 and 866-3724 www.drclogin.com) in August 2010. A creditor (Sunrise Credit Services) was threatening legal action if I didn’t pay full amount ($10,500) immediately. I never was in this position before and I didn’t want to declare bankruptcy nor be sued. Then a friend ... Read More »

                  How Do I Get Out of My DirectBuy Contract. I’m in a Financial Hardship.

                  couple working

                  “Dear Steve, Some time ago you wrote to Rosie about Direct Buy. I am in a very similar boat. Fell into financial hardship and can no longer pay this. I found out that they don’t report to the bureau, but after reading this they will send you to collections. Could you expound on exactly what should be listed in the ... Read More »

                    Remember the Spam Text Warning? FTC Shuts Them Down.

                    scam

                    Previously I reported on spam text that were being sent to consumers, claiming that people had one a major gift card. However the fine print showed that “winners” would have to apply for products and services including financial services and debt relief. See these stories, Bxsy.biz Best Buy Giftcard Spam Text – Scam Alert, Avoid Free-BestBuy.com Spam Text Message, and ... Read More »

                      Student Consulting Group / Fix My Student Loan – Review. Are They a Scam?

                      SCG Home (20130307)

                      Company Name Student Consulting Group Marketing Message “It would be great if I had some extra cash right now.” Who hasn’t said that more than once? I sure have. Whether it was to pay for a nice dinner, to go on a vacation, or to just buy something I wanted. It really hurts doubly when you say that and you ... Read More »

                        How Far Behind Do I Need to Be to File Bankruptcy? – Jay

                        middle age couple

                        “Dear Steve, Live in Colorado, it’s the usual situation where there have been cut backs at work (outsourcing rrrr) and we are we will begin to fall short on CC payments by our calculations. We estimate maybe $ 200 probably depending on the sequester and barring other fun surprises and stuff. I much do you have to be short a ... Read More »

                          My Car Was Repossessed in New Jersey Without Notice. Can TD Bank Do That? – Kayla

                          tow truck

                          “Dear Steve, My info is a little long but I really hope you can help: My vehicle was repossessed in the state of New Jersey. I had no idea that the bank was going to, or were even thinking about taking my vehicle. However, I did experience financial difficulties and couldn’t make my payments on time. I was in CONSTANT ... Read More »

                            How Do I Get Release as a Cosigner From My Student Loans With My Ex-Wife. – Bill

                            money

                            “Dear Steve, My previous wife and I have a consolidated loan with Direct Loan Services. When I log in it shows loan A which is mine for about 39,000 and then loan B which is hers for about 13,000. I have been paying the monthly payment on it since they keep sending me the statments on it. When I call ... Read More »

                              My Bank of America Mortgage Modification is a Joke. – Susan

                              Real Estate Concept

                              “Dear Steve, Proposed Loan Modification-Only 17 dollars less than my original mortgage. Why? I have been trying to get a loan modification with Bank of America for 4 years now. I kept getting the run around and it seemed every time I called I got the same old story-the paperwork has expired and must be resubmitted. I went through this ... Read More »

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