Do NOT Avoid Bankruptcy – Podcast

There is so much misinformation floating about when it comes to dealing with debt. Far too many people tell you bankruptcy is a last resort or you should avoid bankruptcy. But here is the ironic thing, that is often the worst advice possible. In this podcast, Damon Day and I talk about bankruptcy, myths and … Read more

Student Loan Limbo and How to Get Out and Get On With Your Life! – Podcast

The issue today is that there seem to be so many conflicting stories and so much misinformation about student loans, people have become frustrated. Student loans are a major problem for most of our listeners and the nation. Not only are they unaffordable but they are also dragging down all consumers with higher prices, and … Read more

Well Bless Danny’s Heart – EAC Student Loan Contracts – Biz Op Refund

Today Damon Day and I talk about three quick topics. The first is a reader comment from our last podcast on debt validation. Danny sure is irritated by the podcast. Next, we talk about the termination of financing agreements for student loan assistance services. Finally, we discuss how the FTC is sending refund checks to … Read more

Public Service Loan Forgiveness is a Really Crappy Program – Podcast

Today Damon Day and I get stupidly silly laughing and complaining about the ridiculousness of the Public Service Loan Forgiveness program that was intended to forgive student loans for firefighters, police officers, teachers, low-income lawyers, military service members, and more. The PSLF program has turned into a disgrace with more than 98% of people apply … Read more

Get Out of Debt Guy Show Podcast – July 23, 2021

On this podcast Damon Day and I focused on reduced mortgage payments for people behind on their federally backed mortgage loans after Covid forbearance ends, why it is so easy to make bad emotional decisions, and adios to FedLoan Servicing. Steve Rhode Get Out of Debt Guy GetOutOfDebt.org Transcript Steve Rhode: [00:00:00] So I just … Read more

Answering Reader Questions – 1099C and Credit Report Dispute Issues

podcast microphone

Today I’m answering the following two reader questions. Amie I need advice please about disputing a debt on my credit report. A third-party debt collector added a closed account to my credit report when that account was previously closed two years ago after a stipulated agreement was made between the original creditor and I and … Read more

Podcast – Student Loan Assistance Scam to Watch For – Another College Closes – Farm Debt – Best Way to Pay Down Debt

This week Damon Day (DamonDay.com) and Steve Rhode (GetOutOfDebt.org) spend far too much time laughing and joking about nonsensical stuff while they deal with some serious debt subjects. When it comes to debt there is no sense dying all tensed up. They introduce the new call-in line where you can leave your question on voicemail … Read more

Podcast – Debit Cards Versus Credit Cards – Layaway – Vacations – Big IRS Refunds

This week Damon Day and I talk about a wide variety of topics. Everything from why big TRS refunds spell trouble to what you really need to know about credit cards and debit cards. The advice is what you would least expect. As usual, the commentary is irreverent at times and we certainly don’t take … Read more

Dept of Ed Loan Servicers Suck – Argosy U Swirling Toilet – Car Loans Go Bad

On this podcast, Damon Day and I produce another low rent show, this time about the recent information out from the Department of Education Inspector General. The report released found the Department of Education was doing a poor job keep federal student loan servicers in line. The report stated, “By not holding servicers accountable for … Read more

Podcast – Making Money by Having Fun, Cheap Tips, and Scammed on Craigslist

Dealing with financial problems is about more than just making a budget. This time Damon Day and I talk about how to make having fun affordable, traveling on the cheap with your own trailer, a few money-saving tips, and Damon tells us how he just got scammed on Craigslist. I’m not sure how we managed … Read more