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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People also ask
What is the subprime crisis in simple terms?
What happened to cause subprime loans to fail?
Who is at fault for the Great Recession?
Who is to blame for the subprime mortgage crisis?
The subprime meltdown includes the economic and market fallout following the housing boom and bust from 2007 to 2009.
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From lenders to buyers to hedge funds, when it comes to the subprime mortgage crisis, everyone had blood on their hands.
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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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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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The meltdown of the subprime mortgage market in 2007 and 2008 led to the Great Recession. Learn more about the factors that caused the financial crisis.
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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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Subprime lending is risky because clients are less likely to be able to pay back their loans. Although subprime loans can be made for a variety of purposes, ...
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