Get Out of Debt Guy, Raleigh, NC (2025)

11/12/2025

This could change your financial future: Trump is proposing $2,000 stimulus checks, but experts are warning that this could lead to inflation and instability in the economy.

If approved, these checks might give you a quick cash boost, but the concern is that the funding could come from tariffs which may not be sustainable. This means there could be more costs down the line, like rising inflation that affects the prices you pay for everyday items.

What does this mean for you? If you receive that check, it might feel like a relief initially, but watch how the economy is affected afterward. Higher prices could eat away at your purchase power, making it harder to stretch those dollars. The reality is, while immediate relief sounds great, the long-term impact on your finances needs careful consideration.

What you should do right now:
- Keep a close eye on news about this proposal and any potential delays or changes before counting on that cash.
- Consider how rising prices might impact your budget if inflation increases, even if you do get a check.
- Think about putting any money you receive into savings or paying down debt instead of spending it all.

Having been in consumer finance for nearly 30 years, I know that these checks can feel like a lifeline. But it’s essential to think through the possible ripple effects. Your financial health is what matters most, and planning wisely can help you navigate uncertainty.

Steve

I'm curious how you feel about the idea of stimulus checks. Do you think they'll do more harm than good?

11/12/2025

This news could affect you if you’re worried about the ongoing conflict in Ukraine and how it impacts financial decisions across Europe. Slovak Prime Minister Robert Fico recently stated that using frozen Russian assets to fund Ukraine would only prolong the war. This is a significant point because it shows how complicated political decisions can directly impact our lives and financial stability.

When world leaders make decisions regarding international loans or assets, it may seem distant, but it can lead to changes in financial markets that trickle down to you. If countries like Slovakia are hesitant to use these assets, it could impact the broader economy, influencing everything from inflation rates to your interest on loans. If you’re feeling stressed about your financial situation, it’s completely normal, especially in uncertain times like these.

Here’s how you can take action for your financial health today:
- Review your budget to see where you might cut unnecessary expenses.
- Call your loan provider and inquire about your current rates—see if you can negotiate a better deal.
- Educate yourself on credit repair by reading trustworthy resources so you can identify scams and legitimate services.

I’ve been navigating the consumer finance landscape since 1994, and I can tell you that understanding the bigger picture helps you make informed choices. It’s essential to stay aware of the changes happening around you and how they might affect your financial well-being.

Steve

I’d love to hear your experience with this. When was the last time a news story influenced your financial decisions?

11/11/2025

A college graduate recently shared that her student loan payments come with a shocking 17% interest rate. This affects you if you’re carrying student loans or know someone who is, because it highlights a real issue lurking in the fine print of many student loan agreements.

Many graduates like her are waking up to the hard reality of high interest rates on their loans, which can make monthly payments feel like an uphill battle. When you're already starting your career, the last thing you need is a huge chunk of your paycheck going to interest instead of paying down the actual loan. It’s important to pay attention to these rates because a high interest rate can mean you’ll pay a lot more over time.

If you’re stressed about your own student loans, know you're not alone. Recognizing and tackling high interest loans can save you money and give you some peace of mind. It’s crucial to stay informed about your loans and look for other options, including refinancing or consolidating your loans to lower those rates.

Here’s what you can do right now:
- Review your student loan agreements and check your interest rates.
- Call your loan servicer to ask about options for lowering your interest rate.
- Look into refinancing your student loans with different lenders to see if you can get a better rate.

I’ve been watching student loan issues for decades, and I know how overwhelming they can feel. But by taking action, you can regain some control over your financial future.

Steve

I’m genuinely curious about your take on this. What’s your experience with student loan interest rates?

11/11/2025

This affects you if you’re a recent college graduate or have student loans. A story just broke about a graduate who is facing a staggering 17% interest rate on her student loans. With so many people struggling to manage their debt, it’s crucial that you stay informed about potential pitfalls like this.

High interest rates on student loans can feel like a heavy weight on your shoulders. When many graduates leave school with debt, a rate that high can end up costing thousands more over time. It's frustrating and can lead to long-term financial stress. Knowing what’s out there can help you make more informed decisions and avoid falling victim to predatory loans.

If you’re feeling overwhelmed by your loans, here’s what you can do today:
- Review your loan documents and check your interest rates. If they seem high, get familiar with your options.
- Look into student loan forgiveness programs you might qualify for. Several programs are out there that could reduce your burden.
- Reach out to your loan servicer and ask about refinancing options. Lower rates are sometimes available, which can save you money in the long run.

I’ve been helping people navigate debt for decades, and I've seen how overwhelming it can feel. You're not alone in this struggle, and understanding your options is the first step toward regaining control of your finances.

Steve

Tell me what you think about this. Have you ever felt trapped by high student loan interest rates?

11/11/2025

A California woman faces 17 counts of identity theft related to a gift card fraud scheme, highlighting a crucial warning for all of us about identity theft's growing risks. This news affects you if you use gift cards or share personal information online, as scammers are always on the lookout for vulnerabilities.

Identity theft can happen to anyone, often without you realizing it until it's too late. Criminals can use your personal information to make unauthorized purchases or even commit fraud in your name. It’s distressing to think that something as innocent as buying a gift card could be exploited by thieves. You're not alone if the idea of this happening leaves you feeling anxious about your financial safety.

To protect yourself against identity theft, here’s what you can do right now:
- Monitor your bank and credit card statements regularly for any unfamiliar transactions.
- Set up alerts for large purchases or withdrawals on your accounts to catch any suspicious activity quickly.
- Use strong, unique passwords for your online accounts and consider changing them periodically.

I've been helping people navigate these treacherous waters for decades, and believe me, prevention is always easier than recovery. Staying alert and informed is key in today’s digital age.

Steve

I want to hear from you on this one. Have you ever experienced identity theft or known someone who did?

11/11/2025

Your credit score could be deciding where you live—right now. If you're looking to rent or buy a home, your credit score may impact your options and costs significantly. This is important because where you live should be a choice, not something dictated by your financial past.

A good credit score can open doors to lower rent and better mortgage rates. But if your score isn't great, you might find it harder to secure housing, or you may pay much higher rates. This can feel overwhelming, especially if you're already juggling financial challenges. Understanding how your credit score works and taking steps to improve it can make a big difference in your housing options.

It's essential to be proactive about your credit score now. You can boost it by making timely payments on bills, reducing your credit card balances, and checking your credit report for errors. Knowing where you stand can help you take control of your financial future.

Here's what you can do right now:
- Check your credit report for free to identify any errors or issues.
- Make a plan to pay down high credit card balances.
- Set reminders or automate payments to avoid late fees.

I've been helping people navigate their debt and credit for nearly 30 years, and I've seen how a good credit score can change lives for the better. Remember, you're not alone in this, and there are steps you can take to improve your situation.

Steve

I want to hear from you on this one. Have you ever felt that your credit score held you back from a housing opportunity?

11/11/2025

Today's mortgage rates are holding steady, but that doesn't mean the pressure is off for homebuyers. This affects you if you're looking to buy a home or refinance your current loan—it's crucial information that could impact your financial future.

As of November 11, mortgage rates show minimal change, creating some relief, but buyer affordability remains a challenge. If you were hoping for lower rates to ease your monthly payments, it's important to understand that even a slight change in rates can significantly affect your financial picture. Many people are still finding it hard to keep up with high prices and increasing living costs, which can make securing a mortgage even more stressful.

If you're a student loan borrower, keep this in mind: changes in federal policies can leave you vulnerable to scams that promise quick forgiveness solutions. Unfortunately, many of these offers are misleading. It’s essential to know your legitimate options and how to protect yourself from falling for scams.

Here’s what you can do right now:
- Research legitimate student loan forgiveness programs that apply to your situation.
- Call your loan servicer if you have questions about your loans or forgiveness programs.
- Report any suspicious calls or messages about loan forgiveness to the authorities.

I've been in this field for decades, and I've seen how easily people can be misled when they're stressed about money. The key is to stay informed and cautious so you can make the best decisions for your financial future.

Steve

I'm genuinely curious about your take on this. Have you encountered any misleading offers regarding student loan forgiveness?

11/11/2025

Grocery prices are still a worry for many of us. Even though they dropped a bit in October, you're still paying an average of $150.84 for essentials—a cost that's 3.6% higher than last year. If you're feeling the pinch at the checkout, you’re not alone.

This slight decrease in prices doesn’t mean you can breathe easy; food budgets are still stretched thin. Every dollar counts, and rising grocery costs can feel overwhelming. It’s crucial to find ways to manage these expenses while keeping your family fed and healthy without added stress.

Here’s how you can tackle your grocery bills today:
- Make a detailed shopping list before you head out to the store
- Compare prices among local stores or online grocery services to find the best deals
- Look for coupons or discount programs to save even more on your favorite products

From my 30 years of experience in consumer finance, I understand how these rising costs can lead to anxiety and fear about affording basic needs. You're not alone in this struggle; many people are fighting the same battle to make ends meet.

Steve

I'd love to hear your experience with grocery shopping lately. What's the biggest challenge you've faced while trying to keep your food costs down?

11/11/2025

Pulaski County just announced some fantastic news that could have a big impact on participants in their financial literacy programs. This affects you if you're looking to improve your understanding of money management and make informed financial decisions.

The Pulaski County Sheriff’s Office shared that participants in their JCAP program have successfully completed a financial literacy course. This is great news because it means more people are getting the tools they need to handle money wisely. Financial education can empower individuals to avoid debt traps and make smarter choices with their resources. If you feel overwhelmed by financial decisions or debt, know you're not alone, and there are paths forward.

The benefits of these programs are massive. When people understand budgeting, savings, and credit, they can avoid pitfalls that lead to financial stress. Many folks are unaware of reliable resources that can help them conquer their financial challenges, especially regarding student loans and repayment plans. With the right knowledge, you can steer clear of scams and make sure you're using legitimate avenues for debt relief.

Here’s what you can do right now:
- Look for local financial literacy programs to enroll in or attend.
- Reach out to a trusted source, like a nonprofit credit counseling agency, to discuss your situation.
- Ask questions about financial aid and student loans to ensure you're taking advantage of available forgiveness programs.

I've been watching financial education initiatives for decades, and they can truly turn lives around. Remember, learning about money management is a journey, and it’s never too late to start.

Steve

I want to hear from you on this one. What’s your experience with financial literacy programs?

11/11/2025

If you’re navigating student loans, you need to pay attention to the new announcements surrounding Trump's student loan plans. This affects you if you’re hoping to see relief from your debt. Many are celebrating student debt forgiveness, but new changes in rules can leave some borrowers feeling more confused than ever.

Recently, new guidelines were introduced for the Public Service Loan Forgiveness (PSLF) program, which could impact those looking to have their loans forgiven after years of repayment. Unfortunately, some may find themselves falling through the cracks and missing out on benefits they thought they qualified for. It's essential to understand how these rules work so you can protect yourself and your financial future.

Here’s what you can do right now:
- Review your loan status and determine if you meet the new PSLF requirements.
- Reach out to your loan servicer and ask for clarification on how these changes affect your debt.
- Look for reliable resources or organizations that can help you navigate these new rules—avoid scams that promise quick fixes.

I've been watching the ups and downs of student loan policies for decades, and I know firsthand how overwhelming it can be. You don’t have to face this alone; there are ways to find real help amidst the confusion.

Steve

I want to hear from you on this one. What questions do you have about the new student loan rules?

11/11/2025

If you're a homeowner, you need to pay attention because this news could impact your financial choices right now. The current rates for home equity loans and HELOCs are changing, and understanding these shifts is essential for making wise decisions about your home and finances.

Home equity loans and HELOCs give you the chance to borrow against the value of your home. With a home equity loan, you get a lump-sum amount of money at a fixed rate, which you pay back in monthly installments. A HELOC, on the other hand, works more like a credit card where you can borrow money as needed, but it's tied to the value of your home and typically has a variable interest rate.

Why should you care? Well, if you're considering using your home’s equity for things like home improvements or paying off high-interest debt, knowing the current rates can help you save a lot of money in the long run. With the right rate, you could have lower monthly payments or access to funds when you really need them. But be cautious, as these loans can also lead to financial strain if mismanaged.

Here’s what you can do right now:
- Check the latest home equity loan and HELOC rates in your area to see what’s available.
- Evaluate your financial needs and consider if it makes sense to borrow against your home’s equity.
- Speak with a trusted financial advisor to get personalized advice based on your situation.

I've been helping folks navigate home loans and debt for nearly three decades, and I know how overwhelming it can be to make a decision about borrowing. Take your time, gather information, and remember that there are options available to you.

Steve

I'd love to hear your thoughts on this. Are you considering tapping into your home's equity right now?

11/11/2025

Current mortgage rates are fluctuating, and this affects you if you’re planning to buy a home or refinance your existing mortgage. With the average rates changing, it's crucial to act quickly to secure a good deal for your financing needs.

On November 11, 2025, mortgage rates were reported, impacting your monthly payment and overall home buying budget. If you haven’t checked your current mortgage options lately, now is the time to do so. Even a slight change in rates can add up to significant savings or costs, depending on your circumstances. I know many of you might feel overwhelmed with the home buying process, especially when it comes to debts and financial commitments.

To protect yourself and stay informed, here’s what you can do right now:
- Research different mortgage lenders to compare their rates and terms.
- Ask for a good faith estimate from at least three lenders to clearly see potential monthly payments.
- Review your credit score and report; a higher score can help secure a better mortgage rate.

I've been navigating the mortgage landscape for decades, and I understand how stressful this can be. Remember, it's about making informed decisions to better your financial future.

Steve

I'd love to hear your experience with getting a mortgage. What’s the most surprising thing you learned during your home buying journey?

Get Out of Debt Guy

11/12/2025

11/12/2025

11/11/2025

11/11/2025

11/11/2025

11/11/2025

11/11/2025

11/11/2025

11/11/2025

11/11/2025

11/11/2025

11/11/2025

Address

Website

Alerts

Contact The Business

Shortcuts

Share

Category