Difference between revisions of "Subprime loans"
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| − | '''Subprime loans''' are targeted toward borrowers with [[poor credit]], and they generally carry higher [[interest rates]] than conventional [[loans]].<ref> [http://www.washingtonpost.com/wp-dyn/content/article/2008/06/09/AR2008060902626.html How HUD Mortgage Policy Fed The Crisis]</ref> | + | '''Subprime loans''' are targeted toward borrowers with [[poor credit]], and they generally carry higher [[interest rates]] than conventional [[loans]].<ref>[http://www.washingtonpost.com/wp-dyn/content/article/2008/06/09/AR2008060902626.html How HUD Mortgage Policy Fed The Crisis]</ref> |
==Notes== | ==Notes== | ||
<references /> | <references /> | ||
| − | {{ | + | {{Economic preparedness topics}} |
[[Category:Economic Preparedness]] | [[Category:Economic Preparedness]] | ||
[[Category:Finance]] | [[Category:Finance]] | ||
Revision as of 19:51, July 13, 2016
Subprime loans are targeted toward borrowers with poor credit, and they generally carry higher interest rates than conventional loans.[1]
