Transworld Won’t Honor My Student Loan Rehabilitation Request

Question: Dear Steve, I have been in default with wage garnishment for about a year on my federal student loans. Based on the advice you give, I applied for Loan Rehabilitation with Transworld, the company who has the debt (and who, incidentally, is being sued by my home state, along with others). I sent a … Read more

Is the AAFES Military Star Credit Card Screwing Over Veterans?

Ashley Woods wrote to me and expressed grave concern about a situation she ran into with an AAFES Military Star credit card she owed. It’s one thing to have a balance due but it’s quite another when the collection company appears to just make up what you owe. Ashley she was contacted by Transworld Systems … Read more

FTC Versus NCO Debt Collector. FTC Wins $3.2 Million Penalty.

The world’s largest debt collection operation, Expert Global Solutions and its subsidiaries, has agreed to stop harassing consumers with allegedly illegal debt collection calls and to pay a $3.2 million civil penalty – the largest ever obtained by the Federal Trade Commission against a third-party debt collector. In its complaint, [which you can read here] … Read more