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Sub-Prime Lender
(redirected from Subprime Lenders)

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Sub-Prime Lender
A bank or other financial institution that makes loans at interest rates higher than most other loans. Subprime loans are made to borrowers who do not qualify for ordinary loans because of bad credit history or some other reason. There is a higher risk of default on subprime loans. Their prevalence was a significant factor in the 2008 credit crunch. See also: Subprime mortgage.
Sub-Prime Lender

A lender who specializes in lending to sub-prime borrowers.



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No credit auto loans are easily available online; many subprime lenders are willing to offer these loans at lower interest rate.
Finance Your Car without Credit Verification with Poor Credit Auto ... by Jackob Martin / Finance and Investment community
Subprime lenders are often quoted to be the best option for those seeking to qualify for a bad credit auto loan.
What Is Subprime Auto Lending and How Is It Different from ... by Williams Orchard / Banking, finance and accounting community
An investigation by the nonprofit journalism organization found that nine of the top 10 subprime lenders were based in Los Angeles or Orange counties, including all of the top five - Countrywide, Ameriquest Mortgage Co.
VALLEY LENDER IS KEY MORTGAGE MELTDOWN CULPRIT FORMER COUNTRYWIDE ... by Daily News (Los Angeles, CA)
 
 
 
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