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small business debt

FleetCor’s $100 Million Fuel Card Settlement Is Real — But Nobody Has to File a Claim Yet

by Steve Rhode

FleetCor — now Corpay — will pay $100M after a court found it charged hidden fuel card fees. Here’s what the FTC’s order says about getting paid.

My Farm Business Closed — Am I Personally Liable for the Equipment Loans?

by Steve Rhode

Closing a farm or ranch business doesn’t automatically close the equipment loans. Here’s how personal guarantees, deficiency balances, and Chapter 12 bankruptcy actually work.

A Merchant Cash Advance Company Froze My Bank Account. Here’s What to Do Right Now.

by Steve Rhode

A merchant cash advance company froze your bank account — here’s how to find out why, and the fastest legal paths to get your money back, right now.

Bankruptcy Erased My Personal Guarantee — So Why Can They Still Take My Collateral?

by Steve Rhode

A bankruptcy discharge kills your obligation to pay — but if you pledged collateral, that lien survives. Here’s what the law says and what you can do.

How to Find an Attorney to Help With Your SBA EIDL Loan

by Steve Rhode

Defaulted on your SBA EIDL loan? Here’s how to find the right attorney — and how to avoid the ‘loan relief’ scams targeting borrowers.

An ‘MCA Debt Settlement’ Owner Just Pleaded Guilty to Fraud — Here’s the Red Flag That Gives the Scam Away

by Steve Rhode

An MCA debt-settlement owner pleaded guilty to wire fraud after taking $3.7M from small businesses. The one red flag that gives the scam away.

COVID EIDL Personal Guarantee Under $200K: Was Yours Even Required?

by Steve Rhode

SBA rules didn’t require personal guarantees on COVID EIDL loans under $200K. If you signed one and your business closed, an attorney can tell you if it’s enforceable.

Mega Bankruptcies Just Surged. Here’s the Second-Order Effect Nobody’s Talking About — and Why It Might Hit Your Paycheck.

by Steve Rhode

Mega corporate bankruptcies surged in early 2025. The consumer debt wave follows 6-9 months later. Here’s how to tell if it’s headed for your paycheck — and what to do before it arrives.

Merchant Cash Advances: The Research and Data the Industry Doesn’t Show You

by Steve Rhode

Complete research hub on merchant cash advances: how they work, what they cost (70-350%+ APR), the regulatory gap, enforcement actions, and your options. Federal Reserve data and court records.

Merchant Cash Advances Exposed: What Factor Rates, Brokers, and the Fine Print Are Really Costing Small Businesses

by Steve Rhode

Merchant cash advances charge 70-350% effective APR hidden behind factor rates. Federal Reserve data, NY AG enforcement records, and court rulings reveal what the industry conceals.

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Get Out of Debt Guy Podcast - Steve Rhode

Get Out of Debt Guy Podcasts

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  • Should Adult Kids Pay Rent—or Are You Sacrificing Your Retirement?

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