If you have less-than-stellar credit, you may be classified as someone who is "subprime," which means your credit score is lower than what's required to get the best, or "prime," interest rates.
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM).
With more than a third of Americans having a credit score considered subprime, it's worth taking the time to understand where you stand. In general, there are five different types of borrowers ...
Commerzbank AG may pursue contractual claims over residential mortgage-backed securities despite clauses in those agreements ...
Almost 50 million Americans are now considered 'subprime borrowers' - after higher living costs led to missed debt payments which damaged credit ratings. Compared to just a year ago, an extra 1.2 ...
After weeks of uncertainty, former President Trump posted a $175 million bond in his New York civil fraud case Monday with the help of little-known California billionaire Don Hankey. Hankey’s ...
Cox Automotive reported that credit access improved in March, even within the subprime space. However, Open Lending Corp.
If a lender considers you to have a greater risk of default than other borrowers, you might only qualify for what is known as ...