Most Viewed Videos

She used to be exceptionally successful in her job and earn a lot of money. And she spent even more, until she was broke, unable even to bake her little daughter a birthday cake. Dorothée Loorbach unmasks our relation to money and reveals her personal life-changing learnings from her six months project of becoming financially carefree again. Trainer This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

If Democrats and Republicans cannot agree on how to raise the debt ceiling, there are concerns many positions could be lost this summer.

More than 100 million Americans have an auto loan and auto loan debt in the U.S. is at a record high of $1.56 trillion. Between the Covid-19 pandemic, supply chain issues, alleged predatory lending practices, inflation, and the Federal Reserve’s interest rate hikes, getting an auto loan is getting increasingly difficult and costly. CNBC spoke with Chase Auto and Toyota Financial Services to learn what’s happening in the auto loan industry and what consumers can do to make sure they’re protected.

Chapters:
00:00 — Introduction
01:51 — How auto loans work
05:49 — Market changes
08:19 — Alleged predatory lending
13:19 — Consumer protection

Produced and Edited by: Emily Lorsch
Animation: Alex Wood, Jason Reginato
Senior Managing Producer: Tala Hadavi

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC

Why Americans Are Falling Behind On Car Loans

Tel : 044 382 0670 Office cell: 082 553 8418 or 082 440 7155
Website: http://credicare.co.za/
Facebook: https://www.facebook.com/CrediCare

Tired of debt?
Can’t keep up with your monthly instalments?
Can’t cope with making ends meet?

Debt can get you feeling down, frustrated and scared. We often feel like there is no hope, or that things are just getting worse. Debt counselling may be the solution for you.

What is Debt Counselling?
Debt counselling is a debt relief measure, which is regulated by the National Credit Regulator and by the NCA. The debt counsellor will negotiate with your credit providers for a lowered instalment, interest rate, and an extended period over which the debt is to be paid. The debt counselling team will assist you with amending your budget and monthly expenditures so that you will be able to afford to live with ease and still maintain stable debt repayments.

Who can apply?
The answer is simple; anyone that has financial problems can apply for debt review. Your application will be assessed and if you are found to be over indebted, our team will proceed with the application and help you.

What do we need?
We need the following documentation:
– Proof of residence,
– Three latest payslips,
– Your marriage certificate,
– Copies of your ID and your spouse’s ID (if you are married),
– A copy of your latest bank statement.

This process is 100% confidential. We will not tell your friends, employers, or anyone else that you are under debt review.
Drop us a message on Facebook, or an email for more information.
You can give us a call too!
Facebook: Credicare
Email: response@credicare.co.za, admin13@debt-assist.co.za

Viewers ask questions about debt and bankruptcy in this segment of Ask the Expert.

Credit Counselling Services of Atlantic Canada, Inc. (CCSAC) offers help with credit card debt, budget counselling, debt repayment plans, financial education and more to help you on your way to financial freedom. If you’re looking for debt relief, we can help.

Visit us online by going to https://www.debtreview-sa.co.za

We found that potential debt review applicants need and want to know the steps of the debt review process. Below we made a short summary for you, to provide you some indication on what to expect.

1. If you feel you are over indebted you would need to contact a debt counsellor to do this application.

2. You will apply for debt review by completing and signing a Form 16. Keep your ID, latest payslip ready as well as the latest statement of each creditor. It is very important that you provide the debt counsellor with ALL your creditors.

3. The debt counsellor will inform all creditors and credit bureaux that you have applied to be under debt review. From this stage your creditors will not be allowed to take legal action against you for the following 60 days. This is only valid if a creditor did not already start with legal steps.

4. The creditors will need to supply your debt counsellor with outstanding balances and initial contracts (where applicable).

5. The final step will be for your debt counsellor to assist you with your budget (income less expenses) and to determine what amount will be available for distribution on a monthly basis to your creditors.

Feel free to contact us, to assist you with debt review.

Debt Counselling Process Part 1