Subprime borrowers are those with weakened credit histories or reduced repayment capacity. Loans to these borrowers historically have had a higher delinquency rate. Many lenders have expanded their lending programs and added subprime products as a method by providing greater credit access to lower-income of meeting their
consumers.
- Community Reinvestment Act (CRA) responsibilities
- Fraudulent marketing tactics
- FTC Act
- Predatory Lending