Sentences with phrase «use subprime financing»
Such payment failures would normally doom a loan application or force a borrower to use subprime financing at steep rates.
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Subprime loans are used as a way to offer financing to individuals with poor credit, low income, or limited credit history who don't qualify for conventional loans.
As a result, investors in sound foreign banks and finance companies should feel confident in using any subprime - related market declines as opportunities to add more shares.