Sentences with phrase «deep subprime borrowers»

According to the Experian study, the average loan term for deep subprime borrowers buying new cars was 72 months long — or six full years.

And deep subprime borrowers?

The deep subprime borrower will pay $ 694.32 per month while the super prime borrower will have a cost of $ 541.33.

Not exact matches

Moreover, Experian reported that in the fourth quarter of 2012, lenders increased auto loans to borrowers identified as deep subprime, with credit scores below 550, by 31 % year over year.

Jeff Ball, the CEO of Econohomes, sees his company filling a void: providing homes and financing for «deep subprime» borrowers.

We're seeing credit scores that are increasing against control groups, we're saving customers millions of dollars, hundreds of thousands of customers have taken over one million of our financial literacy courses, and, with our growing credit card platform, we're continuing to meet the needs of borrowers with subprime and deep subprime credit scores.