Dave Ramsey, you're a saint. The way you give scared people hope is amazing.

@londonspade5896

7 жыл бұрын

Don't religious people believe idolatry is a sin?

@sarahblackstone7247

7 жыл бұрын

Yep. :D

@londonspade5896

7 жыл бұрын

Praise Dave Ramsay, remover of shackles, bringer of freedom.

@sarahblackstone7247

7 жыл бұрын

When you can identify your logical fallacy, then we'll talk. :D

@londonspade5896

7 жыл бұрын

That's the joke

me too! $58k is a ton! but so is $5800... when you have nothing. I love how he sat there and just kept encouraging her, showing her her strength when she had the least... Good Job Dave!!!

60k in student debt to make 43k a year is insane.

@toraltoral3509

6 жыл бұрын

Matt Man welcome to the US.

@lifeofrichard

6 жыл бұрын

She could got no degree and make 16K a year at Wal-Mart.

@kevinm.8682

5 жыл бұрын

There are lots of occupations where you don't need college to make good middle-class wages. Or, various trades were you can make six figures after getting yourself established. Trade schools never run $60k.

@judgedredd31

5 жыл бұрын

16k a year?... that's like making $6.50 an hour all year, no holidays...

@Shaolin91z

5 жыл бұрын

But maybe it's worth it if she likes her job....happiness in your job is priceless

Linda- you have something in common with Dave Ramsey. You have both been sued by American Express. You will be fine!

@floridalottery3134

2 жыл бұрын

lol

I want to give her a hug. Dave is a saving grace in this woman's life. ❤️️

@charlesyoung9980

5 жыл бұрын

I want to give you a hug. You're gorgeous

@MissionaryInMexico

5 жыл бұрын

@@charlesyoung9980 Well thank you Ed! But, I'm a married man.

@shaneourada3013

5 жыл бұрын

I did not know that fact about living in Texas...I live in Washington...what a great protection that American Express can not touch any debts in Texas! Wow!!

@shaneourada3013

5 жыл бұрын

Hey Madison...saw your videos..your pretty cute, thanks for the crunchy noises!

@ryanthepianoman27

2 жыл бұрын

@@shaneourada3013 get that women!

58 what? 5800. Great, I was about to pass out. *Spits coffee on the monitor*

I JUST used Dave's advice on how to deal with creditors and i saved over 50% on my old bills. A couple tips 1) ASK the person you're speaking with NOT to record the conversation (you should record it) 2) NEVER give your banking info to them, no matter what creditors will ALWAYS accept Cert. Checks & Money Orders...Use Prepaid cards in need be 3) get a Settlement Agreement in writing BEFORE you pay anything 4) Ask THEM to give you an offer and when they do, go 20% lower then that amount, depending on age of the debt, they will ask for about 60% of the debt & maybe less based on age of debt. 5) Give them as LITTLE personal info as possible, only enough to pay the bill 6) NEVER get into debt ever again....YOU CAN DO IT!!!

@sarasanchez9512

4 жыл бұрын

Screenshotted for future reference!

@nextari

4 жыл бұрын

yo recording people without telling them in many states is a very serious criminal offense. Look up wiretapping one party two party consent in your state. Their state and your state you must follow laws for both.

@hime800

4 жыл бұрын

wheredidileavemycell if you ask not to be recorded they can’t continue with any conversation. Also they have to tell you that the call is being recorded. That’s with any cc company or customer service call.

@LifeisGood863

4 жыл бұрын

Thank you great advice

Probably the first kind words this lady heard in years. Dave Ramsey is a giant of emotional intelligence.

I missed an Amex payment once. They called me the very next day and cut off my credit card. Those guys do not mess around.

@jabe55

6 жыл бұрын

gooney0 Pay your bills on time and don't spend more than you can pay back. I have the blue cash credit card and the platinum card. It's down to personal responsibility with credit cards.

@ASMRyouVEGANyet

6 жыл бұрын

Josh personal responsibility can't help you if you get hurt and can't go to work....hardships happen.

@potosino4309

4 жыл бұрын

I have an Amex credit card just to help with my credit score, missed 3 payments and they sent me a letter, I called them and they worked with me where I only paid the minimum amount for those 3 months, no late fees or anything like that, turns out that the mailman was leaving part of my mail in a different mailbox, explained that to Amex and problem solved, they're not that bad, but I'll tell you mailman got in trouble 😁😁😁

@crzyruskie86

4 жыл бұрын

Yeah they are too busy funding celebrity expenses to let you get behind on your payments.

@elaphone

4 жыл бұрын

In the movie "Wall Street" Charlie Sheen's character said Amex has a hit man looking for him.

I was sued by capitol one for $2,500. Don’t get behind credit card payments, don’t get capitol one credit cards. They will NOT work with you.

Please remind people that if they make a settlement that they need it in Writing! They aren't good humans and will try to get another bite.

Aww she started to breakdown towards the end of the call. I love this guy.

$5800 isn't worth suing someone for. The costs to recover it would be too great. They are using underhanded intimidation tactics.

@jarrodschrunk3157

7 жыл бұрын

knottheory79220 Once you get over 5k your risk goes up of getting sued but any place that says they're going to sue over something under 1k is bluffing cause they will easily spend that on legal fees. Worst case scenario it stays on your credit for 7 years

@ASMRyouVEGANyet

6 жыл бұрын

Jarrod Schrunk I did not know this. Thank you.

@Ghost-jy9hk

5 жыл бұрын

Jarrod Schrunk my old credit card wants to take me to court for 3k. Do you think they’ll actually do it?

@DozIT

5 жыл бұрын

Ghost227 they might.. it’s not worth it for them but they have a whole team that has nothing better to do. However you are in a bargaining position, offer $1000 and go from there :) good luck!

@bethsaidastclair7316

5 жыл бұрын

I've been sued for $2300 by capitol one.....so yes they can sue her for that money

I love Dave Ramsey and the way he talks to these scared callers. He doesn’t try to demean them and make them feel horrible about themselves. You’re awesome Dave!

Dave...you ROCK.

@clementpetit-frere7886

8 жыл бұрын

frill

You're a good man, Dave!

@arienfox

7 жыл бұрын

He is a great teacher too!! I have told people about Dave Ramsey and I move on because they are not where I am and time waits for no one, so I'm glad I learned from him. Paying off debt to never go back again although being challenged by situations and circumstances presently but I won't because I've come too far to turn back now.

What a kind man. Thank you Dave

It is amazing to see someone who has had such an impact on so many lives. I hope one day others will think the same about me.

thank you dave! i'm in a similar situation. i've been paying off my debts aggressively and successfully. but i'm also being sued by an collector from an old car loan and i can't afford it right now. i also live in texas. if they were to garnish me then it would halt all of my progress. now i will continue on my debt free journey. i'm getting so close i can smell the freedom.

You can try and fight it yourself in court, just shows up and of course file your answer to the suit, deny it as your answer. Not showing up will give them a automatic win/default judgment.

Dave is blessed with Divine wisdom & common sense just great man all around, refreshing to listen to him. thank you for your life may God continue to bless you & family

I freaking love you and your calm demeanor. You saved thos poor girl a whole world of worry and heartache! You hit it all right on the head, she is a great person who had problems. Get IN WRITING the promise from the scumbag collector and take care of it on YOUR terms and time. 👍

You handled this very compassionately

I respect his compassion. He's straight up. 😀😀

Love this encouragement!! Powerful!

Dave, decency seems so underrated and undervalued recently. It's good to see this video at this difficult time in our nation. Thanks for reminding me that good, decent folk do still exist. All the best! Ace

Your current wages can’t be garnished in Texas, and most of what one owns is exempt from judgments, but your bank account can be frozen to collect on the debt.

@barbararepko4824

3 жыл бұрын

Some Guy In PA they can garnish your bank account but they can’t touch the first $300.

You are a great person for helping all these people out, the way you do. You sir, are an upstanding man. keep it up.!!!!

As a parent in a separate parent family I totally appreciate this video. It is extremely difficult to navigate it on a normal basis. Good luck to this one

Send the debt collector a debt validation letter, along with a qualified written request. That stops the collection process under the Truth In Lending Act (TILA), and the Fair Debt Collection Practices Act (FDCPA).

was tearing up listening to this call, the womans obviously struggling, hope she made it through

I love your show, thank you for all you do !!!

Being a single mother in and of itself it’s a major triumph for this girl because I am a single mother as well, and I understand completely...She doesn’t realize How much she is actually doing for herself it sounds like she’s doing amazing and she’s getting out of debt which is another wonderful thing good luck to you young lady and I wish you the best!! 🌷🌷

This video made me emotional. Great advice!

I love you Dave Ramsey. Thank you for all you do for us! I'm almost debt free! We can't wait to scream "I'm debt free!"

I was almost going to pass out as well; lol.

This is awesome, "fighting the bear out there fighting the bear with a switch" I love that c'mon somebody!

THANK YOU FOR THE ADVICE , thank you

That’s really good to know thank you Dave

Amen these are my favorite calls

There is always something to learn and some type of action in this type of situation. Sometimes speaking to professionals helps and sometimes you can do your own research and take action on your own

Thanks again, Dave. I was required to read your EntreLeader book back in college. . Wasn't the biggest fan of it but hearing you in real life sounds a lot better :D LOL

American Distress 😂😂😂😂 thanks Dave for your wonderful advice.

I don’t really have credit.......good or bad. My mother taught me that if I didn’t have the cash to buy it now, I don’t need it.

Dave you the man brotha

So glad I found ramsey before any of this could happen to me or my loved ones.. change the family tree.

i use to get a lot of collection letters saying they gonna take me to court never paid any attention to them bills went from $600 ,$800 settle to settle $150 and less in 8 months never paid full amount and i close all bank accounts and used a prepaid card or local bill pay service in my area this way i have control of my money

@anthonybaker7236

5 жыл бұрын

I Dave it's a really blessing to hear you speak to that young lady and I wish her the best and I'd like to ask a a question or two about myself I'm 63 my total household income is with wife and I have never put our money together when I was working and she was work we made quite a bit more money have one child home fund set for his college 45,000 around $100,000 now we're both my wife and I are both retired we made a about a hundred twenty five thousand a year before retirement we have three kids to we put two girls through college one 17 going to College next year money is there but we're in a lot of credit card debt we still have some small amount of savings and retirement income still coming in not myself but my wife is and it's really beginning to have effect on her and her relationship I'm going to start going back to work I'm healthy I feel good and tell me how I can make some real money before I die

Remember, get your settlement in writing AND included in full settlement, NO 1099C. As a tax preparer, I see people come in with 1099C (for cancelled debt) and then they have to pay income taxes on the debt that was written off when they thought it was all settled for the lesser amount. With no time limits on these write offs, some of these 1099's are on twenty year old debt. It's crazy.

Good job Dave. You made that woman's life a lot less stressful. And you ask for nothing in return. But the Lord knows what you did and you will be rewarded. God bless.

That was great Dave.

Wish these had a followup. Would be great to hear her debt free scream.

Good job Dave job well done

Wow beautiful advice.

Having Cancer requiring major surgery in 2019- which resulted in some time off work and winding up with LVNV Funding on my credit report- they are trash and I am aware of multiple lawsuits against this company. All I have is Social Security because they took our jobs from us so now I have barely enough to keep minimums paid on 5 accounts. The one good thing I did find out is that when I pass ALL my debt including ,y student loans goes to the grave with me.

"American Distress" :D :D :D

Did American Express really say why do you stay with a man who don't pay his bills??? I'm dead 💀💀. That rep would've gotten a word or two 😂😂😂

I know someone who had a credit card judgment on them. They came to their house and looked over all the property in the house to see what they could sell to get their money. So, sometimes they do try to get their money.

@koolkitties8552

5 жыл бұрын

What state was this in?

love this guy

David they can garnish your wages if you are a resident of Texas. If your job corporate office is located outside the state of Texas. They will garnish your wage in the state your corporate office is located. This happen to me. I worked with a national company when i have a loan that I default on. My corporate office was located in Florida. They filed suit in Florida and garnish my wage. Then I filed bankruptcy and stopped it all.

@olivetaylor4514

3 жыл бұрын

What kind of bankruptcy?

Sarah Blackstone I'm with you! he gives tough love to those of us who need it, and at the same time he gives hope to those who feel hopeless, god bless Dave Ramsey.

love this

4:25 "If I'm right,...and I AM..." SAVAGE :D

I like how Dave tried to give her FPU she said I'm good, then he said ok I'm gonna set u up with a coach then as a gift hahah Dave never stops.

Settling is the worse thing you can do. If I could go back in time I would pay all of my delinquent bills in full. Yes it's nice to get rid of them, but my credit report had a big @settled for less than" on it so when I apply for apartment everyone is alerted

@jobdoneright5934

7 жыл бұрын

musicvixen24 apartments don't care about credit debt they care about rental judgments. go find another apartment

@anapoklinkoski6278

6 жыл бұрын

musicvixen24 r

@Elizabeth-yg2mg

5 жыл бұрын

Rent from an individual, not a complex.

no, in 7 years it gets deleted if you pay them absolutely nothing & never admit debt is yours-statue of limitations unless you have judgement against you in court

Dave, as is often the case, is wrong. There are other negative aspects of a judgment other than a wage garnishment. For example, with a judgment, American Express can attach and take money from your bank accounts. The judgment will accrue interest at 5%. A judgment debtor will not be able to purchase a home until the debt is paid and a judgment automatically becomes a lien against any real property. He should not have said wage garnishment isn't allowed in Texas ... it is. Not for most lenders but wage garnishment is available for student loan debt, child support, back taxes, and court-ordered fines and restitution.

97thumbs down must be AE collection employees 🤣

Amazing that poor lady

Oh my goodness. I remember dealing with A/E back in 1989 and they talked to me like I was a dog for just $250.00. I can only immagine how they progress with being evil over thousands.

@billion86

4 жыл бұрын

🤣😂

Thanks Ramsey.

😪 this really helped me

Send the debt collector a certified promissory note to discharge the debt under UCC Article 3, section 603 & 604.

I’m being sued for 1495 in pa From a debt collector and I’ve called several times trying to settle and they won’t budge from 80% of the 1496. I was always under the impression that you could not be sued for unsecured debt! Well that’s not true it’s also not true your wages can’t be garnished and it’s also not true they all settle for half the amount

Settlements may have tax consequence, so that is something she will need to be aware of as well.

Why is this random Dave Ramsey video making me cry

😢thats me now I’m crying just hearing this I got 3 law suit all under 4,000 and I’m so overwhelmed

@carlosmark9840

3 жыл бұрын

They are not going to sue you just letter threats

@superjam18

3 жыл бұрын

@@carlosmark9840 how do you know? I got a letter from a collection lawfirm saying i need to respond to them or they will automatically assume im responsible for the debt

Good guy Dave

Dang, that was emotional

Following your method today and I’ve watch few videos. Downloaded your app for it tell me I’m way over budget. I wrote down everything from lowest to highest and only thing I have that’s outstanding is my car. I have about five more years including this year to pay it off.! ! But right now I’m going to work on paying off and settling with collectors with small debt.

My mom's in the same boat. 6,800. But in california. Took on a bunch of debt to fund her daughter's emergency bills (my sister got hit by a boat propeller, nasty injury, almost lost her leg, couldn't work, my mom with no income but surprisingly good credit, opened a credit card to fund the trips to far away hospitals, specialists, surgeons, motels, etc.) My mom called the credit card people/ debt collectors to offer to make payments, and they said, "No thanks, a sheriff will be by to deliver a subpoena."

Hi, I have a question, I'm being sued by a credit card, they haven't served me yet but I received a note from the PO that I need to sign for a certified large envelope, if it's from the credit card company does the countdown start from when they mailed it or from when I sign for the package? thanks, in Texas

does he ever recommend asking the collection agency for proof of validation. Because no way in heck they can provide a signed document showing that the debtor owes the collection agency

It's so true about amex. Even when a past guest at a hotel is disputing charges, they are the worst to talk to. I never took a call from amex again. Smh

@ThePeterDislikeShow

4 жыл бұрын

What do you mean? You disputed a hotel charge?

I wish I had seen this video prior to making my “settlement debt offer.” The company is still after me for the remainder of the money. Not paying it.

One of the rare pieces of good advice I've seen from this guy.

Go Linda go.. You will win

In Texas they can't garnish your wages but they can garnish your BANK ACCOUNT once you deposit your wages if they sue you and get a judgement against you.....that's why the collector asked her for her where she worked and how much she makes.

I had a collection guy try to talk down to me and I said "I don't appreciate you talking to me like this considering I called YOU to try to get this debt paid." haha...he shut up REAL quick.

Credit cards can be boon if used wisely but could turn nasty and take away your peace of mind if used recklessly! Be wise and listen to Dave!😉

I just got served papers just a minute ago by Bank of America for credit card after my soon to be ex charged things on my card without my permission (he’s being sued too over a debt and blamed me ) I have started bankruptcy but haven’t paid the lawyer off

wonderful

I feel the same way about discover card as Dave does about amx.

DAVE RAMSEY STICKIN IT TO THE MAN

I assumed the only debts that could garnish your wages were child support and taxes? Is it different in many states?

@edermitt

5 жыл бұрын

"Is it different in many states?...Yes.

@barbararepko4824

3 жыл бұрын

cutlerylover In non wage garnishment states like Texas, the Carolinas and my home state of PA they can garnish your bank account.

they get their money back via income taxes, if you are receiving a tax refund

Beautiful man.

Amex got a default judgment against me. I responded to the discovery summons but never got a notice to appear in court. They didn’t garnish my wages but they seized my bank account on payday.

@benjamindo8142

5 жыл бұрын

Hello, I wanted to ask bc I noticed you're a recent comment. but I also received a default judgment from Discover, & was unsure of what action or course to take so I called the collection agency. How long did it take for them to seize your back account? I'm also from Houston Texas. Please respond, I'm not sure what to do exactly. Should I just say back the amount owed?

I left Amex in the dust 20 years ago, hate them

I'm stressing in NY about an AMEX judgement from 2010 where I owed them over $5000 and have to somehow deal with Portfolio Recovery Associates to pay them now 8 years later. Amex lawyer forced sale of my Yahoo stock, but they couldn't garnish my exempt money in my bank account. I'm looking to try to mortgage a house in late 2018 or early 2019 and have to get rid of this judgement. I have no idea what the interest rate is on the amount judged.

@YouTubeUzername

4 жыл бұрын

So you purchased stock instead of clearing up this debt? Interesting.

Everyone gets nasty when you owe them thousands and don't pay your bills.