Dave Ramsey hit with $150M lawsuit

Dave Ramsey, the finance guru radio host who offered millions of people advice for managing their debts, is now being sued for $150 million dollars by some of those same listeners.

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[Lilythebestst]

I listen to Dave but i do not agree with his advice on certain issues.. I feel like he is out of touch

[Scenthype]

You either die a hero or live long enough to see yourself become the villain

[sirmoney]

I want to see him wiggle out of this. Paid 30 mil to promote....ohh financial guru jamming middle class again... Take his endorsements and syndication....let's see how many jobs he need to make nest egg and how long it take home to pay off lawsuit...somethings he had pointers I hate his excitement for people struggling and fake laugh for those paid off or winning against system

[joelalm]

Let's hope he responds back on this.

[retkind]

I didn't know Capital One had a financial interest in WATE 6.

[agallgood]

Dave didn't disclose he was being paid $450, 000 / month by the Time Share Exit Team company. I remember watching one of his videos where he promoted this company & told listeners to avoid a bunch of others. Don't ever remember a disclosure he was being paid by them. It sounded like a free will endorsement - Not a PAID one ! I like Dave & his financial principles - getting rid of BAD DEBTs / Emergency Fund / don't take out a Loan for a car / pay cash / live BELOW your means. This though is not right.
I heard this Time Share Exit Team company on the radio also with a guy talking with a heavy Texas drawl on a paid for commercial. I heard that a State Attorney General closed them down - Washington ?

[RabbitWatchShop]

Looks like he’ll need to get another job. And if that doesn’t work, another job! Also beans 🫘 and rice 🍚 diet

[alisax]

Wow this is crazy well in my opinion I hear advertisements all the time on the radio, tv etc about various things. Does that mean I will DO THEM without knowing the risk disclosures involved? Common sense really isn't common anymore 🙃. What's even funnier, I guarantee had these people would have been SUCCESSFUL you would not hear a D*** word. It's up that person to take that RISK and the person that advertising should not be responsible. It wasn't Dave Ramsey fault that the deal fell through or it didn't work.

[confidentialprivateusa]

Explain how a company he promoted as a paid advertiser going out of business is his fault.

[RobertDixon-swdz]

There is absolutely no dispute that Dave has made a magnificent contribution to society with his financial principle advice. He has demonstrsted pure genius skill level at helping people reexamine their relationship to money . This timeshare law suit might be a reflection of his weakness . $450k monthly is major money. Were the Time Share Exit funds indirectly going right back into Dave's pocket instead of the service people expected?

[zchilli]

Just because someone is sued for $150 million, does not mean that they will lose that suit.

[bmanscire]

Dang! I’d be mad too and wanting to sue! I’m keeping it 💯
I got Dave’s back and my wife and I love him and follow him!! But this sounds absolutely terrible and if it’s true; he needs to make it right period

[robertgronowski]

I sincerely hope this isn't accurate or lack's validity. Dave Ramsay seem's like a genuine entrepreneur, who tries to aid people with financial advice. I hope the accusations are false. 2. Why do we see this among affluent, religious individuals from time to time???? I fain pray for the individuals and families that were scammed out of thousands of dollars.

[LunaBobbi]

I am sure he did not know that it was a scam. Dave Ramsey genuinely cares for the people that follow him. He helps a lot of people off air it’s just never talked about.

[chrislanejones]

For the most part I stand with Dave Ramsey. Time Share companies went after Time Share Exit law team, time share companies took a Louisville slugger to both head lights and rammed the bat accoss their forehead. Ramsey is trying to help people out, expecially with 401ks.

I will say he does get annoying sometimes. He's always like "My house, my business, and my boats are all paid for." Lets hope so Dave, You've been selling New York times bestsellers since the mayflower landing.

[amgguy]

An Evangelical. If you want Evangelical money, you must promote Evangelical core values like their Mega Maga Pastors: Racism, Hatred, Adultery, Lying and Sedition.

[LA-xjtz]

Finally people realize that he has been scamming people left and right in the name of Jesus!