Page 2 - Auto Lender News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Made by the u.s. workers happen to be german cars. it's more complicated than america first and germany second. nice to meet you. thanks for stopping by. >> thanks, guys. have a good morning. a record 107 million americans have auto loans but a new report shows that many people may not be able to ie ford them. the largest sub prime auto lender only checked the incomes of 8% of the applicants. by comparison, the main competitor checked 64% of applican applicants. these findings raises concerns that customers can't make their payments and it mirrors practices that led to the home loan crisis. ...

Indeed they feel that the u.s. isn't reliable anymore. >> interesting. frederik pleitgen live for us in london. great insight. we really appreciate it. all right, it took a few days, but president trump now condemning last week's fatal, racially charged train stabbings in portland. the president tweeting, "the violent attacks in portland on friday are unacceptable. the victims were standing up to hate and intolerance. our prayers are with them." that coming from the potus account, not the president's personal account. two men were killed, another was wounded by a suspect who was aiming hatef...

>> reporter: the sell-off intensified with big names like google, microsoft, and priceline tumbling. analysts said investors wanted to get out of expensive stocks and move to cheaper ones, especially at the start of first quarter earnings season. the dow plunged 266 points to 16,170, its third biggest sell-off of the year. the nasdaq tumbled more than 3%. the s&p 500 slid 2%. the declines came despite a huge drop in weekly jobless claims. the number of people filing for unemployment tumbled by 32,000 last week to 300,000 total. that's a much bigger drop than expected and puts claims near a sev...

Lisa sylvester is monitoring other top stories in "the situation room." what is going on? >> well, president obama has put pen to paper extending the unemployment benefits for nearly 3 million americans. a vote early in the house ended a seven-week standoff sending the bill to the oval office. the stroke of the president's pen now pushes back the deadline to file for extended benefits to the end of november. jobless americans stopped getting the checks in early june. once bankrupt general motors is spending $3.5 billion in cash to buy subprime auto lender americredit and this gives the auto ma...