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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...

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Kara Wolf

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3y ago

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