The __________ lending market makes loans to consumers who have bankruptcies, no credit history, low-to-moderate incomes, or a poor credit history.

Question

Quizplus · Accepted Answer

The term "subprime" is commonly used to refer to lending markets that offer loans to individuals with less-than-perfect credit or financial histories. This includes consumers who have filed for bankruptcy, have a poor credit history, or have low-to-moderate incomes. The other answer choices do not accurately describe this type of lending market.

The __________ Lending Market Makes Loans to Consumers Who Have