Sentences with phrase «subprime vehicle loans»

At the close of September 2017, approximately $ 280 billion was outstanding in subprime vehicle loans.

Third - quarter reports show subprime vehicle loans represent a smaller percentage of the auto loan market compared to the past five years.

Not exact matches

The 2008 financial crisis, on the other hand, was triggered in part by subprime mortgages — essentially, loans given to homeowners unlikely to be able to pay them back — and investment vehicles based on them in which these toxic assets were bundled and often hidden.

Basically, this is a subprime or near - prime vehicle loan with a higher interest rate compared to standard solutions.

Fill out our simple finance application and a subprime loan specialist will contact you regarding your vehicle finance options.

Also, If you decide to buy a car now under subprime financing terms, wait about 6 months after you have financed your vehicle, then refinance the subprime car loan at more favorable terms.

There were a myriad of causes for the current housing problems, ranging from the Federal Reserve's zero interest rate policies, to widespread speculation on housing as an investment vehicle, to lax underwriting standards on subprime and no - doc / low doc loans.