Discover what subprime loans are, who qualifies as a subprime borrower, and how they contributed to the financial crisis.

Subprime mortgages, for those with low credit scores, carry high interest rates. Learn how they work, risks, and potential impacts on your financial future.

The latest Equifax analysis of the subprime auto finance industry triggered memories of when auto finance leader Lou Loquasto first began his professional career. Not only did Equifax call the ...

In April, 5.23% of subprime auto loans were 60 days or more delinquent, the worst April on record, and a hair above the prior record of April 2020. Subprime delinquencies were already rising from 2015 ...

jumped, too, but by a smaller rate at 2.56 percent. But on the opposite end of deep subprime, financing to superprime buyers — individuals with sterling credit scores of 740 or higher — actually fell ...

Since the housing crisis began over a decade ago, subprime mortgage loans basically disappeared – thanks to regulatory actions from government and self-preservation for both lenders and borrowers. The ...

Subprime mortgages are designed for borrowers with lower credit scores, usually below 600, who may not qualify for conventional loans, which generally offer better terms and interest rates. Do you ...

City Councilman Jerry Heimlicher was making subprime loans before most people knew what the term meant, but he was making them on cars and trucks made by Ford Motor Co. rather than home mortgages now ...

Auto loan delinquencies are soaring across the U.S. Find out why that means getting a car loan is becoming tougher for everyone. Auto loan delinquencies and tighter lending indicate economic ...

The share of consumers taking out the riskiest form of loans has reached its highest peak this decade, a sign of growing financial stress for many Americans. The share of consumers taking on subprime ...

We're all just a little worried about the U.S. economy these days, aren't we? So naturally, the sudden collapse of a big used car dealer – Tricolor Holdings, which specialized in customers with ...