Subprime lenders include:

Question

Quizplus · Accepted Answer

Subprime lenders typically specialize in high-risk lending to borrowers with poor credit histories, limited income, or a history of defaulting on loans. Pawn shops are one example of a subprime lender, as they offer loans to customers who use their personal property as collateral. Commercial banks and credit unions, on the other hand, generally focus on prime lending to customers with good credit histories and high income levels. Therefore, B is the only correct answer.

Subprime Lenders Include