Subprime Loans

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 …

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.

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