fbpx

Consumer Debt Articles

Once I Remove My Cosigners, Should I Default on My Private Student Loans?

Steve RhodeApr 13, 20163 min read
Once I Remove My Cosigners, Should I Default on My Private Student Loans?

Question: Dear Steve, I made the mistake of taking out private student loans to finance my college education and am neatly 100k in the hole. Three years removed from graduation, I’m at a job making 37k/year (before taxes), still live…

Did You Pay for HSBC CreditKeeper? You Can Get All Your Money Back.

Steve RhodeApr 13, 20161 min read
Did You Pay for HSBC CreditKeeper? You Can Get All Your Money Back.

HSBC Bank has been ordered to pay a $35 million penalty for not delivering what they promised to consumer regarding their credit monitoring product, CreditKeeper. Customers eligible for restitution include those who were unfairly billed for CreditKeeper, a credit-monitoring product…

Download Free Book on Business Credit

Steve RhodeApr 12, 20161 min read
Download Free Book on Business Credit

Shortage of capital is the biggest challenge entrepreneurs say they face, and one of the most common reasons they fail. That’s the reason Rich Dad Advisor Garrett Sutton and Nav’s Head of Market Education Gerri Detweiler teamed up to write…

Will the Government Come for My Social Security Over My Parent Plus Loan?

Steve RhodeApr 11, 20162 min read
Will the Government Come for My Social Security Over My Parent Plus Loan?

Question: Dear Steve, As a single parent I was relieved to obtain a Parent Plus Loan, of which was far beyond my financial capacity. Now I look back on my single parent guilt, not realizing the predatory nature of this…

Look How Different It is to Get Out of Debt in Scotland

Guest PostApr 11, 20163 min read
Look How Different It is to Get Out of Debt in Scotland

Scotland remains very much a part of the United Kingdom, despite the prospect of becoming an independent country having been raised in earnest during the national referendum on the subject back in 2014. But even as part of the UK,…

Should I Get a Loan to Payoff My Parent Plus Loans?

Steve RhodeApr 1, 20162 min read
Should I Get a Loan to Payoff My Parent Plus Loans?

Question: Dear Steve, I am retired from one job after 31 years, with a pension and aprox.$90,000 in parent plus loan debt. I have not consolidated it but wonder if it’s time. I am paying the lowest amount allowed and…