Subprime Loans

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Subprime Loans

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Subprime loans offer above prime interest rates to borrowers who cannot qualify for a prime rate loan. Borrowers seeking subprime loans often have low credit ratings or are affected by other factors that suggest they have a high likelihood of defaulting on the debt repayment.

Last update: May 23 2008, 10:58 PM EDT by tristawinnie (content history | content tools) (help)

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