Subprime Loans news and trends

Nonbank Loans Rise As Banks Find New Ways To Access Subprime Borrowers

April 11, 2018
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Nonbank Loans Rise As Banks Find New Ways To Access Subprime Borrowers

April 11, 2018
Exeter Finance, the direct lender that lends money to people with a subprime credit score — as well as other nonbank financial companies — have seen their bank loans jump over the past seven years as big banks find it a safer way to access the subprime market. The Wall Street Journal, citing an analysis of […]