fstop123/Getty Images Subprime rates are higher than average interest rates charged to subprime borrowers, such as on loans to people with poor credit scores. Subprime rates will be higher than ...
CBO reports how few borrowers are actually repaying their loans.
Dan Dolev, senior analyst in fintech equity research at Mizuho, joins CNBC's Kelly Evans to discuss rising consumer credit ...
Investors were on the lookout for new, post-technology bubble investment opportunities, which they found in the form of loans to high-risk homebuyers, known as subprime mortgages. During this ...
Bad loans and guarantees will cost taxpayers $65.2 billion in fiscal 2025.
Predictably, high interest rates are hitting hardest those auto-loan borrowers who can afford it the least — those with subprime or even near-prime credit scores. “Affordability has been a ...
Prior to joining SAFCO, Ortega served as senior vice president of servicing for United Auto Credit (UACC). While there, SAFCO ...
The following editorial appeared in The Wall Street Journal. It does not necessarily reflect the opinion of The Tribune-Democrat.
Super-prime: 720 or above Prime: 660 and 719 Near prime: 620 and 659 Subprime: 580 and 619 Deep subprime: Below 580 Experian, one of the leading credit reporting bureaus, also looks at prime ...
The share of condo associations that will be considered subprime borrowers once the new laws take effect “is going to be enormous,” according to Bruce Rodgers, CEO of Tampa-based LM Funding ...
It’s a dirty job, but someone has to tell you about the federal government’s budget tricks. The latest is exposed in a new ...
Exeter, which specializes in subprime lending, makes more money on loans that default than on ones paid on time.