Have you ever noticed that when people say not to worry about money it usually means they’ve got a lot and you don’t? Here at the Wake Forest News we take money seriously and cover the topic like nobody’s bidness.
Question: Dear Steve, I heard about the training program for Drone Corps, which sounds good. I then read your article – that it may just be a scam. Your reasoning sounds plausible. I got suspicious when the website said it needs 20 k tuition! Do you have any more updated info? After your article on … Read more
A kind reader sent me this mailer they received from Citizens Bank regarding student loan refinance rates. Granted, it is better than most mailers people send me, but there are some traps to avoid here. In my opinion, the front of the Citizens Bank student loan consolidation mailer doesn’t do a good job of warning … Read more
Question: Dear Steve, Several years ago, I was so overcome with debt I filed for bankruptcy. Three years later, I find myself in the same situation, overcome with debt because it’s easy for most to get loans even with a bankruptcy. I opened an account with a “debt settlement” firm, but I’m still struggling to … Read more
Question: Dear Steve, Received a letter from Slovin and Assoc. Reading Rd, Cincinnati, Ohio, saying I owe Autovest L.L.C., $32,855.23. I do not owe this. I did not live in Ohio in May 2015 when they said I owed this. I recently was put on disability and was hospitalized with a broken neck and cancer. … Read more
Question: Dear Steve, Payday loan relief Secondchanceadvocate.com. They can erase my illegal loans, is what they told me. I have to pay $250 a month to them since I live in Texas, and I have a lot of loans that they told me are illegal. Is this place a scam? Should I pay them? Are … Read more
Today, the Consumer Financial Protection Bureau (CFPB) penalized Hyundai Capital America (Hyundai) for repeatedly providing inaccurate information to nationwide credit reporting companies and failing to take proper measures to address inaccurate information once it was identified between 2016 and 2020. The CFPB found that Hyundai used manual and outdated systems, processes, and procedures to furnish … Read more
Table of Contents Listen to the Podcast Transcript Step 1 Step 2 Step 3 Step 4 Review A frequent question I get is from people upset with the performance of some company they hired to help them. When they reach out to me for answers, they are pissed off and angry. That is understandable. There … Read more
Question: Dear Steve, I had already contracted with them before the FTC probe and subsequent shutdown. I was told their Financial Division would stay open. I thought I was/am an Arete Customer. Instead, they have been taking my payment out. I was supposed to get a call for account updates, but they have not called. … Read more
Question: Dear Steve, My friend has had an AMEX platinum since 2008 and a regular AMEX for 30 years. He has never missed a payment!! He allowed my son to be an additional card holder. My son runs high charges, but payments are never missed and are usually way above the minimum payment. The primary … Read more
Question: Dear Steve, I have a service agreement that is not complete, and they are being evasive. They are changing the arrangement. What should I do? Normann Answer: Dear Normann, I have no idea what the context of your question is or who the company is. Maybe you could provide additional information in the comment … Read more