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In this episode, I answer a couple of reader questions with some interesting issues. The first involves what looks like a duplicate 1099-C tax form for forgiven debt. The second is about an old bad debt that is still on the credit report.  If you'd like to ask me a question, just visit https://GetOutOfDebt.org and click the ask a question link at the top. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

You might have heard about a new presidential executive order that was signed recently that is supposed to put a halt to having payroll taxes taken out of your paycheck. But there is some important information to know before you get all excited about this and fall for it. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

If you want to see someone instantly disagree with you, tell them that people that file bankruptcy do better financially than people who don't and struggle. When people face unexpected money troubles, it is just math wrapped in emotion. The underlying facts are not judgmental. And the math doesn't make assumptions or believe common myths.  Let's talk about it. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

Bob wrote to me with his second round of medical debt and wanted to know if a loan or some debt resolution program would be a good idea. My answer is probably going to surprise Bob. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

We are potentially on the backside of consumer protections from the pandemic. One of these protections was to put evictions on hold while people were struggling to make rent payments. Unless Congress or individual states extend the protections, waves of evictions are possible. ProPublica had a very informative article out on this subject that I wanted to share with you. Your Get Out of Debt Guy. Steve Rhode --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

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 - 919-391-7976. They also cover a couple of scary telephone message scams that are making people nervous and trying to make sure Damon survives the Bomb Cyclone he is sitting in the middle of. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

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 much very seriously. Enjoy the podcast. Oh, and if you want to find Steve, go to GetOutOfDebt.org and you can find Damon over at DamonDay.com. Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

This week 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 instances of noncompliance with Federal loan servicing requirements, FSA did not provide servicers with an incentive to take actions to mitigate the risk of continued servicer noncompliance that could harm students." Shocker? We then ramble into a conversation about the problems students at Argosy University are facing trying to figure out where their financial aid money is or went. Finally we have a little chat about how the news of car loans defaulting isn't exactly what everyone thinks. Default rates are up, but not for everyone. Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

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 to turn the full recording into a podcast but we did. Some curse words included. - Steve Rhode - Get Out of Debt Guy - https://GetOutOfDebt.org Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

Damon Day and I talk about what to do if you've received an offer in your mailbox for a debt consolidation loan.  Not every offer turns out to be what you think it is.  We talk about questions to ask and what to do when you call the company to get a loan. If you have a question you'd like to ask, visit me at GetOutOfDebt.org. If you'd like to see the video of us recording this show, visit https://GetOutOfDebt.org/118791/ Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

This time my friend Damon Day and I talk quickly about several topics that made us scratch our heads this week. Here are the posts on my site that correspond with some of the stories we stumble through. 1. Chinese Smartphone App to Find Debtors 2. There Are No Solutions For Us to Get Out of Debt That We Can Afford 3. Government Workers Should Just Go Get Loans 4. The Gigantic Reader Question If you have a question you'd like to ask, just click here. If you'd like to subscribe to the podcast, check whatever app you are using to list and see if there is an option to do so. Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

Steve and Damon laugh and talk their way through some difficult debt topics and give you some great tips on avoiding heavy student loan debt and ways to hide from the debt collector when you need to escape for a bit. To ask Steve a question visit https://GetOutOfDebt.org or if you want to talk to Damon then visit https://DamonDay.com --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

In this show I share some critical information and advice with you on how not to become a victim or get scammed when you are searching for debt relief help. Having financial problems can be scary enough but who can you trust and who should you turn to when you are looking for good options […] The post How to Get the Right Help for Debt Problems – Get Out of Debt Guy Show appeared first on Get Out of Debt Guy - Steve Rhode. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

Budgets can be an exercise in pain for many people. The sad part is it doesn’t have to be like that, at all. Building a great budget is simple when you understand what not to do. And what you shouldn’t do first is sit down and make a budget from memory. That just sets you […] The post Here’s How to Build the Best Budget – Get Out of Debt Guy Show appeared first on Get Out of Debt Guy - Steve Rhode. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

The latest Get Out of Debt Guy show. Damon Day and I talk about the big changes in the debt relief world over the past year. We talk about about how many debt relief companies have failed and how new rules from the FTC have altered the way the debt relief world works. We talk […] The post Debt Relief Recap and What Consumers Do Wrong When Seeking Help – Podcast appeared first on Get Out of Debt Guy - Steve Rhode. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

Here is this weeks podcast where Damon Day, from DamonDay.com, and I talk about a number of debt industry issues including: If it is possible to settle your own debt. How to begin to approach do it yourself debt settlement. Hiring a debt settlement company is a smart thing to do if someone does not […] The post DIY Debt Settlement for Those Interested in Do It Yourself Debt Settlement – Podcast appeared first on Get Out of Debt Guy - Steve Rhode. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

In this show I talk with Dr. Louis Hyman, a consumer credit historian. We talk about the history of debt relief. He points out that the process of intervening in the debt of consumer began way back after World War I with the advent of new consumer debt opportunities. It does not matter if it […] The post The History of Getting Out of Debt This Week on the Get Out of Debt Guy Show appeared first on Get Out of Debt Guy - Steve Rhode. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

Revelations in debt settlement tops today’s show. Alex Viecco from New Era Debt Solutions openly talks about his disgust with the current state of debt settlement and why his company boldly and publicly resigned in disgust from The Association of Settlement Companies (TASC). In this show Alex is followed by some exceptional good financial advice […] The post “We Quit” in Debt Settlement and Making Your Finances More Friendly – The Get Out of Debt Guy Show appeared first on Get Out of Debt Guy - Steve Rhode. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

On today’s show I talk with Dr. Louis Hyman, an expert in the history of debt. Not only was it great talking with him but we chatted just as long off the air. This is one guy you’ll be hearing more from in the future on this show. We talked about the history of debt, […] The post Debtors’ Prison, Why Creditors Don’t Care if You Repay Your Debt, and Bankruptcy – The Get Out Of Debt Guy Show appeared first on Get Out of Debt Guy - Steve Rhode. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support

Today we’ll be also talking about the impact the new fee ban for debt settlement services is going to have. We’ll also talk about changes that are impacting credit counseling and why people need to address their problem debt now before the economy improves too much. All that and a caller question on today’s show. […] The post Debt Settlement Fee Ban, Credit Counseling Wounded, Caller Question – The Get Out of Debt Guy Show appeared first on Get Out of Debt Guy - Steve Rhode. --- Support this podcast: https://anchor.fm/get-out-of-debt-guy/support