Steve Rhode

Upstate Law Group and Others the Target of CFPB Suit

The Consumer Financial Protection Bureau (Bureau), the South Carolina Department of Consumer Affairs (South Carolina), and Arkansas Attorney General Leslie Rutledge today filed a lawsuit in federal district court in the District of South Carolina against Candy Kern-Fuller, Howard Sutter III, and Upstate Law Group LLC. The Bureau alleges that the defendants worked with a …

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I Just Settled My Student Loan With National Collegiate Student Loan Trust and TERI

Question: Dear Steve, Just settled with National Collegiate Thrust and Teri Loans. Got a charged off statement document, does this count as income? What did this mean??? Horse Answer: Dear Horse, The forgiven debt is treated as income and you should receive an IRS Form 1099-C. If you are not insolvent you may owe income …

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I Thought Progress Advocates Group and Equitable Acceptance Was the Department of Education Servicer

Question: Dear Steve, I am apparently paying equitable acceptance for my loan through progress advocates group for consolidating my student loan for four years now and I thought they were with the department of education so I’m a little confused and tried to Google and found these articles. Is this still going on? Please help …

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If You Know Someone In Their 20s You Should Warn Them About Check Scams

For those of us in the “OK Boomer” generation, we had decades of practical education on how checks work. For the up and comers, those lessons were lost as plastic and electronic payments have become the cool payment methods of today. I’m not sure I even know if I have checks or where they are. …

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