Subprime lending - Wikipedia
In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people in the United States who may have difficulty …
Subprime: Meaning, Global Financial Crisis, Example - Investopedia
2023年7月28日 · 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 borrowers are...
What Is A Subprime Mortgage?: Types, Benefits And Risks - Forbes
2023年7月18日 · A subprime mortgage is a loan that allows someone with a limited credit history, or subprime credit, to purchase or refinance a home.
What is a subprime mortgage? - Consumer Financial Protection Bureau
2024年2月2日 · A subprime mortgage is generally a loan that is meant to be offered to prospective borrowers with impaired credit records. The higher interest rate is intended to …
What Does Subprime Mean? - Experian
2022年7月9日 · Learn all about what subprime means in terms of who is a subprime borrower, different types of subprime loans and how you can improve a subprime credit score.
Subprime Loan: Definition, Uses, Downsides - Investopedia
2024年1月13日 · A subprime loan is a type of loan offered at a rate above prime to individuals who do not qualify for prime-rate loans. Quite often subprime borrowers have been turned …
What Is a Subprime Mortgage? Credit Scores, Interest Rates - Investopedia
2024年11月2日 · Subprime mortgages are offered to borrowers with low credit ratings. They are viewed as a greater risk to the lender and, therefore, come with higher interest rates.
Subprime lending | Credit Risk, Mortgage Loans & Financial Crisis ...
subprime lending, the practice of extending credit to borrowers with low incomes or poor, incomplete, or nonexistent credit histories. Subprime mortgage loans, the most common form …
What Is a Subprime Loan? - Experian
2019年5月8日 · A subprime loan is a type of loan that's typically offered to borrowers who don't qualify for a prime loan. Subprime is a term used to describe people who have a FICO ® …
What Is A Subprime Mortgage? - Bankrate
2024年4月15日 · Subprime mortgages — also known as non-prime mortgages — are for borrowers with lower credit scores, typically below 600, that prevent them from being approved …