What is subprime lending?

Answer Subprime lending is a mortgage loan option that's available to high-risk borrowers who have either bad credit scores or a high risk of default. Lenders tend to charge higher interest rates to these... Read More »

Top Q&A For: What is subprime lending

Question about subprime lending.?

“Sub-prime lending” can mean different things to different financial institutions. In a nutshell, it refers to a loan that is high in risk because of credit history and/or a lot of debt that c... Read More »

How to Understand Subprime Lending Problem?

Everyone is talking about "credit crunch". This article helps to explain a little about the sub-prime lending problem and some of the factors that contributed to it. It does not try to offer advice... Read More »

What is a subprime rate?

Loans are made based on your credit and assets, and your ability to pay back the money. If you are considered to be a risk (i.e., have a low credit score due to your age, spending history, low inco... Read More »

Is an ARM a subprime loan?

A subprime loan is simply a mortgage loan that is given to higher-risk borrowers at a higher-than-normal interest rate. An ARM is a mortgage in which the interest rate can change in the future. Alt... Read More »