____________ is lending to homebuyers who don't meet the usual criteria for qualifying for a loan.

Question

Quizplus · Accepted Answer

Subprime lending is a type of lending where homebuyers who have a poor credit score, low income, or other financial issues that prevent them from qualifying for a traditional loan are given a loan at a higher interest rate. This type of lending is considered high-risk for both the borrower and the lender.

____________ Is Lending to Homebuyers Who Don't Meet the Usual