If you have less-than-stellar credit, you may be classified as someone who is "subprime," which means your credit score is lower than what's required to get the best, or "prime," interest rates.
Your borrower risk profile can fall into one of the five following categories: super-prime, prime, near-prime, subprime and deep subprime. Consumers who classify as deep subprime fall into the ...
The technique of financing money to people that have a faltering or limited credit score is called subprime financing. One myth regarding identity “subprime” would be the fact it refers to the rates ...
However, they may not be aware that another designation also exists: prime credit score and subprime credit score. Below is a closer look at subprime credit scores. It will cover what this ...