11.10.21 Zen and the Art of Auto Maintenance & Repairs / New Opportunities in Small Business Banking.

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 10 November 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Car repair rip offs are a long term, terrible problem, increasing during today’s car shortages. How to prevent car repair nightmares and what to do if you are stuck in one. / The nation’s banks have not been kind to small business, and now this market is going through the early stages of disruption. Better options for business banking from fintechs. Ask Clark topics include: 5 Things To Do Before You Sign Up for a Free Trial / Here Are the Insurance Policies Homeowners Need To Get and the Ones To Skip / How to Buy Term Life Insurance in 7 Easy Steps \\ Want more money advice? Sign up for Clark’s free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's my pleasure to welcome you to the Clark Howard Show.
0:08.2	Our mission is to serve and empower you so you make better financial decisions in your
0:13.8	life.
0:15.1	Our team Clark Free Advice Line at Clark.com slash CAC has been receiving a ton of calls
0:23.9	about car repair lately.
0:26.4	And there's no surprise because of the fact that people are holding on to their cars
0:31.7	longer because of the vehicle shortage.
0:33.9	I'm going to give you my best advice on how to prevent car repair nightmares and try
0:40.5	my best to help you out if you're a stuck in one.
0:44.5	Also if you're a small business owner, you know you got ripped off on so many things,
0:50.7	especially the banks, cheat small business owners, but there are new companies emerging
0:59.5	that can save you potentially big money on your business accounts.
1:05.5	So speaking of people who feel short change, people who feel ripped off, people who feel
1:10.3	cheated, sometimes justified other times not.
1:15.3	When your car breaks down, I mean I think about how awful an experience it is if you don't
1:25.4	have a lot of money, goes the repair shop, they tell you it's going to be who knows how
1:31.0	much money to repair that vehicle.
1:33.6	You may even pay that money, you get the vehicle back and you get it back still as the
1:38.4	same troubles as it had before you took it in.
1:41.6	I mean it's a common refrain and we have tracked since 1993 the complaints that we hear
1:53.5	about at our TeamCart Consumer Action Center.
1:59.5	And do you know that car repair has never been further down the list than third and a month?
	...

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