Young people aren’t paying their car loans. We can help.

单集文稿 ...

• 00:01

  NPR.

• 00:06

  This is The Indicator from Planet Money.

• 00:08

  I'm Darian Woods.

• 00:09

  Sheila Bair was the chair of the FDIC during the global financial crisis.

• 00:14

  The FDIC is the government institution that protects us when banks fail.

• 00:18

  And in that role, she saw firsthand what happens when people got into too much debt.

• 00:24

  I've just seen so many people make mistakes.

• 00:26

  So many people lack basic knowledge.

• 00:28

  And there's nothing that will make a household more miserable than debt problems.

• 00:34

  So Sheila Bair decided to write a book to teach us how to think about money.

• 00:39

  And she focused specifically on young adults.

• 00:42

  I want to make sure they get off on the right start early on.

• 00:45

  Many of them don't.

• 00:46

  About 1 in 20 car loans made to young people is in serious delinquency right now.

• 00:52

  And that's a rate only exceeded in recent memory when Sheila was at the FDIC during the global financial crisis.

• 00:59

  So in her book, she has one chapter about how to think about buying a car.

• 01:04

  So we thought, what better way to help young people than a personal consultation with Sheila?

• 01:10

  And what better way to do it than with a call-in show like NPR's classic Car Talk?

• 01:17

  Yeah, Car Talk, but just for young people and just for buying cars.

• 01:26

  Don't go anywhere.

• 全部文稿