Steve Rhode

Steve Rhode

Steve Rhode went bankrupt in 1990, founded a nonprofit to help people get out of debt in 1994, and grew it to 70 employees by the time he left in 2004. Since then, he’s been writing about debt for Americans looking to get out of it. He is a firefighter and Chief Pilot with a local fire department where he’s responsible for drone and Unmanned Aircraft System operations for search and rescue and emergency services.

student loan refinance

What Happens If I Can’t Afford My Student Loan Payments?

November 29, 2017

A reader owes nearly $100,000 but takes home $850 a week.

Man with a drill and a dog during a home remodel

When Is It OK To Cash In My Retirement To Remodel My Home?

October 25, 2017

It’s always OK, if you don’t mind losing almost $100,000.

Can they garnish my wages so much I have to bust my piggy bank?

Can The Government Garnish My Wages Till I’m Broke?

October 4, 2017

A reader earns only $11,000 a year, but she’s being garnished $300 a month.

two cars going fast on a curved road

Ask The Expert: How Do I Get Out Of My Title Loan?

December 21, 2016

A reader wants to know how he can keep his car. Sadly, he can’t. But he has an option.

discharge private student loans

Ask The Expert: Do I Have To Pay For My Ex-Husband’s Decisions?

November 16, 2016

A reader is worried that her ex sent her son to a pricey college without telling her.

buy a new car

Ask The Expert: Help, I’m Upside Down!

October 12, 2016

A reader owes big money on her car and wants to know what she should do next. Here’s what she SHOULDN’T do.

stack of single dollar bills

Ask The Expert: How Do I Get My Paycheck Back?

September 14, 2016

Payday loans are crushing a reader’s future. Her options are few but powerful.

Student loan debt stays with you

ITT Tech Closes – How to Get Your Student Loan Debt Forgiven

September 9, 2016

If you took out loans while attending ITT Tech and haven’t graduated, you need to read this.

online payday loans are risky business

Ask The Expert: How Can I Get Off The Payday Loan Merry-Go-Round?

August 3, 2016

A reader needs help getting his paycheck and his life back. Our guest expert Steve Rhode has the solution.

Department store credit cards

2 Things to Do When You Are Asked if You Want a Store Credit Card

April 14, 2016

Obviously, the store is trying to make money off you. But can you make money off them?

Dealing with bankruptcy and credit card debt

Persels and Associates Was Supposed to Take Care of My Debt

January 21, 2016

A reader calls one company for debt consolidation but gets sent to another — which lets him down.

If the paperwork from your school loan servicers has you grabbing your hair, you may need assistance with student loan debt

Get Out Of Debt Guy: No Way I Can Afford My Private Student Loans. What Can I Do?

December 31, 2015

A reader needs a way out — and there may be one. Or more.

Dealing with bankruptcy and credit card debt

Get Out Of Debt Guy: I’m About to Lose Everything. Help!

June 25, 2015

all can be overcome when the balance of income and expenses is adjusted in your favor.

pay off my mortgage with my 401k?

Get Out Of Debt Guy: Should We Take Money Out of Retirement to Pay Off Mortgage?

June 18, 2015

A reader wants to know which option is the best — or least bad.

Can a debt collector take money out of your pocket?

Get Out Of Debt Guy: Can We Settle a Debt With a Collector to Get College Transcript?

June 11, 2015

A reader wants to know if a daughter’s diploma can be held hostage.

hospital turn my bills over to collections

Get Out Of Debt Guy: The Hospital Turned Me Over to Collections. Can They Do That?

May 22, 2015

A reader wants to know how much getting sick really costs.

muslim debt

Get Out Of Debt Guy: Can A Muslim Get A Debt Break?

May 15, 2015

A reader’s religious awakening raises financial questions.

percent of your take-home pay

Get Out Of Debt Guy: Who is Right About Budgeting Our Money, My Wife Or Myself?

May 8, 2015

A reader wants to know, so they can stop fighting.

discharge private student loans

Get Out Of Debt Guy: Can You Discharge Private Student Loans In Bankruptcy?

May 1, 2015

Common wisdom on this topic isn’t very wise. Here are the facts.

what happens in bankruptcy

Get Out of Debt Guy: Is There Hope for Us In Bankruptcy?

April 24, 2015

A reader with $80,000 in credit card debt is looking for a way out, and wants to know whether bankruptcy will solve his problems.

collector harassment

Get Out of Debt Guy: Debt Collectors Keep Harassing Me

April 17, 2015

A reader asks what she can do to stop aggressive collection calls on an old debt she doesn’t owe.

secret to getting out of debt

Get Out of Debt Guy: What’s the Secret to Getting Out of Debt?

April 10, 2015

A reader wants to know the magic formula. Here’s a hint: It doesn’t require magic at all.

A couple looks at their finances and struggles to decide if they should pay bills like credit cards or save for retirement

Get Out of Debt Guy: I Can’t Pay My Bills. What Can I Do?

April 3, 2015

A reader’s debts are ruining his life. He thinks it’s hopeless. Here’s why it’s not.

student loans credit card

Get Out of Debt Guy: Are My Student Loans Hopeless?

March 27, 2015

And another reader wants to know if she use a credit card or a debit card.

get out of medical debt

Get Out of Debt Guy: My Husband Passed Away With Bills, Now What?

March 20, 2015

A reader has a double tragedy: Her husband is gone and she’s had several strokes.

rent or buy

Get Out of Debt Guy: Should We Rent or Buy a House?

March 13, 2015

A reader wants to know if rent is really “throwing money away.”