Hi and thanks for using 2CarPros.com.
If the carpet is burned, my first suspect is a plugged catalytic converter which is getting too hot. If you are still driving the vehicle, when it is warmed up after driving, look under the vehicle and inspect the catalytic converters. If one is glowing red hot, it's plugged.
Keep in mind, and I think you already know this, it can catch fire.
https://www.2carpros.com/articles/bad-catalytic-converter-symptoms
https://www.2carpros.com/articles/how-to-test-a-catalytic-converter
Also, since the check engine light is on, you really should scan the computer to determine which diagnostic trouble codes are stored in the computer. That will point you in the right direction for repairs. Here is a quick video showing how a scanner is used:
https://youtu.be/YV3TRZwer8k
I realize most people don't own a scanner, but most parts stores will do it for free.
Let me know if any of this is helpful or if you have other questions.,
Joe
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Friday, December 14th, 2018 AT 7:53 PM