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A subprime loan is a loan offered at a rate above prime to individuals who do not qualify for prime-rate loans.
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Subprime refers to borrowers with a poor credit history or none at all. Subprime loans carry higher interest rates to make up for the greater risk that subprime ...
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A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.
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A subprime auto loan is a type of loan used to finance a car purchase offered to people with low credit scores or limited credit histories.
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A subprime lender is a credit provider that specializes in borrowers with low or "subprime" credit ratings.
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Aug 29, 2023 · A subprime borrower is a person who is considered to be a relatively high credit risk for lenders and who may have a harder time obtaining ...
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The subprime market is the business of lending money to people or businesses who are at a greater risk of default on their payments.
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The subprime meltdown was the sharp increase in high-risk mortgages that went into default beginning in 2007, contributing to the most severe recession in ...
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