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

About one in 20 car loans made to young people are in serious delinquency. That’s the highest rate since the global financial crisis. Today on the show, former FDIC chair Sheila Bair answers young listeners' car buying questions.

Sheila Bair’s book is How Not to Lose a Million Dollars: A Young Person's Guide to Avoiding the Tricks and Traps of Our Financial System

Fact checking by Sierra Juarez.

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