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How a $694 Million Settlement Wipes Out Car Loan Debt, Even After Repossession

How a $694 Million Settlement Wipes Out Car Loan Debt, Even After Repossession

Season 9 Episode 261 Published 1 month, 2 weeks ago
Description

Hosts: Ralph Estep Jr, a licensed public accountant of over 30 years + Juliet, a first-time entrepreneur.

Here's what we got into today:

  • Amway (an MLM) will have to payout $225 million after promising recruits that they will make $40,000 a year, when in reality it is only $657
  • A $694 million settlement is wiping out car loan debt for thousands of people, so it's important to check your credit report
  • Amazon Prime refunds just jumped from $51 to $200
  • Community mailbag: Should I loan my brother $4,000? What can I do about $3,000 vet bill? Am I being double billed from my doctor's visit?
  • This week's money move is to review all the subscriptions you pay for, and cancel one that you're not getting value from.

Got a money question for ua? Send it to us at becomingfinanciallyconfident.com/voicemail.

Or come watch us live every weekday, 11:30 am ET at becomingfinanciallyconfident.com/live.

Have a great week, everybody.

Links mentioned in this episode:

becomingfinanciallyconfident.com/lawdepot

becomingfinanciallyconfident.com/stamps

becomingfinanciallyconfident.com/quicken

ftc.gov/amazon

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