Sentences with phrase «deep subprime by»
About a third of those with scores between 351 and 500 — considered deep subprime by VantageScore — will see a change in their score.
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About a third of those with scores between 351 and 500 — considered deep subprime by VantageScore — will see a change in their score.
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There's a section of the auto - loan market — known in industry parlance as deep subprime — where delinquency rates have ticked up to levels last seen in 2007, according to data compiled by credit reporting bureau Equifax.
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.
A closer look shows a more startling statistic: 47.9 percent of the debt is carried by 393,000 residents with subprime and deep subprime credit.
A majority of people who turn to LendUp have subprime, or deep subprime, credit scores [3], as evidenced by our VantageScore distribution graph.
By then, though, the company had already taken a deeper dive into credit - default swaps, including an expansion into the subprime mortgage market that would eventually trigger the improbable.