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Bookmark or Share- Subprime Loan: Definition, Uses, Downsides - InvestopediaWhat Is a Subprime Loan? A subprime loan is a type of loan offered at a rate above prime to individuals who do not qualify for prime-rate loans.
- What Is A Subprime Mortgage? - BankrateSubprime mortgages — also known as non-prime mortgages — are for borrowers with lower credit scores, typically below 600, that prevent them from being approved for conventional loans....
- What Is a Subprime Mortgage? Credit Scores, Interest Rates“Subprime” refers to the below-average credit score of the individual taking out the mortgage, indicating that they might be a credit risk. The interest rate associated with a...
- What Is a Subprime Mortgage? - Business InsiderLearn what a subprime mortgage is, its significance, eligibility criteria, risks, and potential benefits for borrowers with less-than-perfect credit histories.
- Subprime Lender: What it Means, How it Works, ExampleSubprime lending is the practice of lending to borrowers with low credit ratings. Because these borrowers carry relatively high default risks, subprime loans carry above-average...
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