Detailed text transcripts for TV channel - CNN - 20170530:08:42:00
Only checked the incomes from 8% of applicants. subprime, of course, refers to people with poor credit. by comparison, san tender's main contender checked 64%. this mirrors practices that led to the home loan crisis and creates uncertainty over whether customers can make their car payments. however, mortgages account for a tinier portion of the economy, but still something to watch. this is more bad news for the auto industry. rising inventory, declining prices and low sales may signal that its seven-year boom is over. sales have been on the rise since 2010 but fell for the first four months t...