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

Audacious Attorney Abuses Authority

A Geogira attorney, Gary Wisenbaker, plead guilty to a wire fraud charge in relation to defrauding his own clients. According to evidence presented at the guilty plea hearing, Wisenbaker stole money from his clients by settling civil cases without his clients’ knowledge, and then pocketing the settlement payments. Wisenbaker then used these monies to pay … Read more

How the Soldiers’ and Sailors’ Civil Relief Act Can Help You

Service personnel experience financial difficulties that are unique and need special attention. Fortunately, there are special laws to help them cope and this article discusses their rights and protections under the Soldiers’ and Sailors’ Civil Relief Act, 50 U.S.C. §§ 501 et seq. What is the Soldiers’ and Sailors’ Civil Relief Act? The Soldiers’ and … Read more

Chanel Writes In “How Do I Find Out Who I Owe?”

Chanel wrote me at GetOutOfDebt.org and had a debt question. If you have a question you can write me too! Chanel asked: “I have lots of small debts. I want to pay off my debts but don’t know how to find out who I owe.” Chanel, It is amazing how such a simple question can … Read more

Constipated Lending Makes Economy Ill

Our economic life cycle is dependent on all all parties doing their fair share of the heavy lifting. Finance companies and banks lend – consumers buy stuff using credit – stuff must be built – jobs are created and so forth. We keep hearing about a crushing windpipe grip on banks and the government pleading … Read more