and non-traditional auto lenders will experience the greatest performance variability due to their higher risk nature."
These ridiculous sub-prime lenders
have somehow slipped through the net and the Nolans are just one example of countless people who have been caught in their trap.
She told the People: "As shops close, more of these wealthextracting sub-prime lenders
are opening up.
It is hoped the new initiative will encourage local residents to use Knowsley Mutual's financial services instead of borrowing from costly sub-prime lenders
and loan sharks.
Meanwhile, the Government warned sub-prime lenders
it was turning the spotlight on to them to ensure they only repossessed people's homes as a last resort.
appeal to those unable to access more traditional forms of lending such as credit cards Peter Crook, chief executive of Provident Financial, says his bank 'helps improve standards of living'
Housing charity Shelter say many sub-prime lenders
have refused to join governmentled schemes to avoid repossessions and will now start calling in bad debts.
It also uncovered irresponsible practices among sub-prime lenders
in particular as part of a review of firms, such as failure to check borrower income, and the FSA said it is now considering referring several firms to enforcement action.
They are the latest sub-prime lenders
to face closure in the wake of the sub-prime crisis.
Hundreds of thousands of borrowers were forced to default and several major American sub-prime lenders
filed for bankruptcy.
Back when sub-prime lenders
still enjoyed some credibility with financial markets and with public opinion, they promoted themselves as serving a social mission--helping people of moderate means acquire their first homes.
in the UK have left the market or are not lending at all because they haven't the funds.