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A subprime lender is one who gives loans to people who may have difficulty maintaining the repayment schedule. These loans often come with higher interest rates. Some companies that provide this service include American Credit Acceptance and AutoTrakk.

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12y ago

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What are steps to acquire a subprime mortgage?

When you are applying for a mortgage ask your lender about how to acquire a subprime mortgage. They will walk your through it and advise as to if this is the best option for you.


How can one apply for a subprime home loan?

You can use a mortgage broker who can access a subprime lender database to locate lenders that meet your requirements. Once a lender is identified, complete the residential mortgage application and federal/state disclosures.


Return a finance car to the lender?

My car was crashed and I lost my job. How do I return the finance car to the lender?


Where can one get current information about subprime auto loans?

Subprime auto loans are loans taken out by individuals with poor credit records to purchase automobiles. Information concerning subprime auto loans can be found on finance specialist websites such as Edmunds.


The subprime lender wrote off late fees after loan was paid the vehicle in still in our possession are we still able get the lien removed?

You will need to get a written lien release from the lender.


What is a finance charge?

A finance charge is interest charged by a lender on the unpaid balance of a loan.


What is finance charge?

A finance charge is interest charged by a lender on the unpaid balance of 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.


Who are the largest lenders for people with bad credit?

CapitalOne is better known for their credit card products. They also are a large lender to people with subprime credit.


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 has the author Michelle A Danis written?

Michelle A. Danis has written: 'The delinquency of subprime mortgages' -- subject(s): Default (Finance), Foreclosure


Is it possible to transfer car finance to someone else?

Yes, if the lender holding the lien agrees. Talk to the lender.