Subprime loans are loans made to households that do not necessarily meet "standard" lending restrictions.

Name: Subprime loans are loans made to households that do not necessarily meet "standard" lending restrictions.
Brand: Quizplus
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Subprime loans are known for being offered to borrowers who have lower credit scores, higher debt-to-income ratios, and/or other factors that make them higher risk borrowers. These loans often come with higher interest rates and less favorable terms compared to traditional prime loans.

Subprime Loans Are Loans Made to Households That Do Not