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With Debt, Do Us Part?

Photo Credit: yourdon

In searching for material for my next video project, I stumbled across a video that literally, made me do a triple take. A YouTube user preaching to viewers ways to save and budget money. Some of his advice had merit but there was one part that made me question out loud: “Did he REALLY just say that?” Rewind. Really??? Rewind. ... Read More »

    You Know You Are Having a Bad Day When The Debt Relief Provider Refund Check Bounces

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    Thanks to a tipster (send in your tips here), this story was brought to my attention. It looks like the tax preparer, Leval Moore of Alpha Financial in New York, got hooked up as an affiliate or representative of a debt settlement company that did not deliver. Thankfully the story has a belated happy ending, sort of. While the first ... Read More »

      Is It Time to Get Rid of Cable Television to Save Big Bucks?

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      Lately I’ve talked to more people that have elected to ditch their cable television and watch shows online. Here is an interesting video that makes the argument that maybe cable television is too expensive. What do you think? Could you live without cable television or satellite television? Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Read More »

        Morgan Drexen Blog Lies and Publishes Confidential Client Information

        A tipster (send in your tips here) pointed out to me that a site called “Morgan Drexen Blog” has posted untrue information about me and a story I wrote. Interesting. So let’s talk about it. The blog post in question can be found here, CYBER BULLY, STEVE RHODE EXPOSED. – Source A few days letter somebody posted on a website ... Read More »

          Mortgage Relief Services Advance Fee Ban – Live

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          The advance fee ban under the FTC’s Mortgage Assistance Relief Services (MARS) Rule is designed to protect financially distressed homeowners from mortgage relief scams that have sprung up during the mortgage crisis. “Banning the collection of up-front fees will protect homeowners from being victimized,” FTC Chairman Jon Leibowitz said. “This is especially important at a time when so many people ... Read More »

            If Bankruptcy is a Smart Move for Borders. Why Do People Needlessly Add Stigma to Personal Bankruptcy?

            photo © 2008 Ruthanne Reid | more info (via: Wylio)So the big bookstore Borders filed for bankruptcy today. It always surprises me that consumers place such stigma on personally filing for bankruptcy but when companies do it they are applauded for doing the right thing to keep the company going. Border president Mike Edwards said, “It has become increasingly clear ... Read More »

              Bankruptcy Filings Slow Heading Into 2011

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              The latest numbers out from the U.S. Courts shows that while 2010 was a record year for bankruptcy filings, post 2005 reform, 2011 is setting up to be a slower pace. During the last quarter of 2010, which is oddly the first quarter of 2011 for the Judiciary’s records, the number of bankruptcy filings was down by one percent from ... Read More »

                Credit Mastery Challenge Sends Out Crazy Email Promising to Wipe Credit File Clean


                For those of us familiar with the debt and credit world. One of the things to avoid is anything that involves pre-paid services for credit repair services. That’s why when the following email was sent to me by a tipster (send in your tips here) I was shocked. Someone is going to fall for this load of bull but don’t ... Read More »

                  Disabled and Hoping the Department of Education Will Help With Your Student Loan. Read This.

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                  By Sasha Chavkin, Cezary Podkul, Jeannette Neumann, and Ben Protess This article is a collaboration among ProPublica and the Center for Public Integrity, which are independent nonprofit investigative newsrooms; and the Stabile Center for Investigative Journalism, at Columbia University. It was co-published with the Chronicle of Higher Education. Tina Brooks can’t sit or stand for more than half an hour ... Read More »

                    Betterment is Now My Favorite Place to Save Money

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                    I typically don’t recommend financial products and services unless I’ve tested them out. In fact I can’t think of any that I’ve not tested. Nine months ago I found out about a new company that wanted to turn investing on its head and make it super simple. They’ve also made just boring old saving money easy on top of making ... Read More »

                      Raleigh Meet and Greet With Myself and Adam Baker from ManVsDebt on 2-15-2011

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                      Tomorrow my friend and fellow blogger, Adam Baker and I are holding a public get together to meet and great people in the Raleigh, NC area. Adam, his wife and kids are traveling around the U.S. in an RV meeting all sorts of people and getting a chance to meet friends of his site at The event will be ... Read More »

                        Now Easier for Homeless People to Buy Gold.


                        Thanks to this article from TechCrunch, it is now apparent that those with poor credit or who might be homeless can now walk into a local 7-Eleven store and finish their transaction to buy gold. Here is the pitch. Does anyone believe the lady pictured in the ad above is the type of customer that doesn’t have a bank account ... Read More »

                          Mortgage Modification Re-Default Rates Are Horrible

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                          Based on new data out it looks as if the people who were actually able to obtain a mortgage modification are still in serious financial trouble. Moody’s released new data that showed the modified loans have not resulted in default avoidance. “We have found that a loan that is modified and [then] reported as current is three times as likely ... Read More »

                            Debt Settlement – The Tortoise and the Hare

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                            This is a guest post by Michael Bovee from Consumer Recovery Network. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Debt Settlement – The Tortoise and the Hare by Michael Bovee Debt Settlement is certainly an effective approach to get from under a crushing amount of credit card debt – for the suitable candidate. Over the ... Read More »

                              DirectBuy Sued by West Virginia AG for Deceptive Sales Practices

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                              I’ve written about DirectBuy before the the trouble some have had in getting out of their memberships. Now the WV has sued DirectBuy for deceptive practices. Attorney General Darrell McGraw recently filed suit in the Circuit Court of Kanawha County against DirectBuy, Inc., headquartered in Merrillville, Indiana, and its local franchise, DirectBuy of Charleston-Huntington, and its President Timothy Parker for ... Read More »

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