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Subprime loans are offered to individuals with a credit score below 620. Such prestigious financial organizations as Chase Manhattan, BankOne, and Wells Fargo have begun offering subprime loans.

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12y ago

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Where can one obtain sub prime loans?

One can obtain subprime loans by first talking to experts at a bank for more information and a course of action. Many companies offer subprime loan options. One of these companies is Bankrate.


were can i get a subprime bank loan to buy a house?

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


What is Sub-prime?

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...


What is subbing?

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...


What does subprime mean in the dictionary?

Subprime has a couple different definitions. One definition is that subprime means being of less than top quality. Another definition is that subprime means a loan made to a borrower with poor credit rating, usually at high interest rates.


How can you tell if you am getting a subprime loan rate?

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.


How much is the total size of subprime loan in US?

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What is the average rate for a Subprime Home Loan?

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.


Where can one obtain a instant loan?

One can obtain an instant loan at several places. Factors for obtaining an instant loan depend on the type of loan needed. individuals can obtain an instant loan from a bank or any other company that specializes in instant loans.


What is Name of money given to a borrower of low income and assets?

subprime loan


How can someone obtain a loan from the website Christiannet?

One can obtain a loan from the website Christianet by inputting one's personal information. In addition, one would have to have a good credit to receive a loan.


What is the definition of subprime lending?

Subprime lending in finance means making a loan to someone who may have difficulty with the repayment schedule. Usually given to those who would otherwise not be eligible for a loan based on credit risk factors.