Subprime mortgages, for those with low credit scores, carry high interest rates. Learn how they work, risks, and potential impacts on your financial future.
Discover what subprime loans are, who qualifies as a subprime borrower, and how they contributed to the financial crisis.
WASHINGTON — Federal banking regulators are negotiating with lenders to restructure high-interest mortgage loans made to home buyers with poor credit. The effort by the Office of Thrift Supervision is ...
It appears subprime consumers took most advantage of refinancing availability in April provided through RateGenius. Soon after Cox Automotive discussed last month’s credit availability at the time of ...
Sign up for the daily CJR newsletter. I’ve got to applaud BusinessWeek for its aggressive investigation of dirty subprime lenders getting back into the mortgage ...
WASHINGTON (MarketWatch) -- Subprime borrowers threatened with foreclosure because of big increases in their monthly payments won't find it easy to get relief from their lenders, even if the lenders ...
Subprime auto loans — loans for borrowers with bad credit or no credit history to help them buy a car — are big business in the U.S. According to Kelley Blue Book, citing Cox Automotive data, subprime ...
Sub-prime loans are largely responsible for pushing the real estate market into the stratosphere in years past. They enabled people who would not normally be able to finance a home a shot at the ...
Subprime auto loans — loans for borrowers with bad credit or no credit history to help them buy a car — are big business in the U.S. According to Kelley Blue Book, citing Cox Automotive data, subprime ...
(Reuters) - Subprime mortgages are available to consumers with damaged credit or little borrowing experience. The loans typically carry a higher interest rate or terms that raise their costs above ...
TransUnion senior vice president and automotive business leader Jason Laky indicated auto refinancing still is a “small” portion of all new quarterly originations. However, start-up companies such as ...
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