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"Subprime refers to financial material. The subprime category offers student loans, mortgage loans, and automobile loans. The subprime topic is very diverse and confusing and thorough research should be completed before making financial decisions."

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14y ago

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What is a sub-prime and Alt-A loan?

A sub-prime loan is a type of loan that is offered to those individuals that have poor credit histories and/or have a relatively high risk of default. Sub-prime loans tend to be costlier in terms of closing costs, fees and APRs than traditional (prime) loans. An Alt-A loan is a type of loan that is offered to those that don't qualify for prime loans, but who have a better risk profile than those in the sub-prime category. Alt-A loans are costlier than prime loans in terms of fees and APRs, however, they are not as costly as sub-prime loans.


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A prime brokerage is an investment company that offers multiple products and services. Services offered often include lending and financing assistance, brokerage services, and investment advice.


What institutions offer sub-prime auto loans in Saskatchewan?

The Wells Fargo in Saskatchewan offered sub-prime loans at least a year ago. Check to see if they still offer them for three or five year auto loans.


Why sub-prime crisis is called as Sub-prime?

It is called "sub-rime" because the holding of sub-prime (low credit quality) debt precipitated the crisis.


Can a mortgage become sub prime?

No. It begins life as a sub-prime mortgage.


What does Regional Acceptance do?

Regional Acceptance Corporation is an auto finance company, specializing in indirect sub-prime automotive financing and prime-to-near-prime portfolio acquisitions. They are owned by BB&T, a financial services company.


Are there any good websites with information on sub prime cedit cards?

Sub prime credit cards are cards offered to consumers with lower credit scores, typically under 660 FICO. These cards tend to have lower lines of credit, higher interest rates, and more fees than the average credit card.


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The names of the service offered by British Gas services are: Gas and Electricity, Boilers and Heating, Plumbing and Drains, Home appliances. All come with sub sections of what each include.


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There are many services offered on the website MyCheckFree. Examples of services offered on the website MyCheckFree includes online payment services and bill payment services.


What is the difference between a prime contractor and a subcontractor?

The prime contractor is contracted by the end customer. Sub-contractors are contracted by the prime contractor or other sub-contractors.


What services are offered by LatinMail?

There are many services that are offered by LatinMail. Examples of services that are offered by Latin Mail includes free email accounts and free web hosting services.


What services are offered in the tourism and hospitality management industry in Uganda?

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