You will get the information about subprime bank loan from http://www.hitxp.com/world/09102008.htm website

Subprime loan rates usually are between 9% to 24% all depending on the variables presented. Subprime lending is usually granted to those who have less than perfect credit score.

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Subprime Home Loans are for people who have a poor credit history. Therefore the rate depends on personal circumstance, how long the loan is for and what the credit history of the individual is like.

The Term sub prime is usually used in the context of loans.

A prime customer is one who has a very good history and can repay the loan comfortably during the agreed tenure.

A subprime customer is one who does not have a good credit history and also does not have enough income to substantiate the loan payments monthly.

The loans granted to a subprime customer is termed as a subprime loan...