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In finance, subprime lending (also referred to as near-prime, non-prime, and second-chance lending) means making loans to people who may have difficulty maintaining the repayment schedule, sometimes reflecting setbacks such as unemployment, divorce, medical emergencies, etc. Historically, subprime borrowers were defined as having a FICO score below 640, although "this has varied over time and circumstances."
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Write a program to find prime number in vb net?
Private Sub Command1_Click() Dim I, N As Integer N = Val(Text1.Text) For I = 2 To N - 1 If N Mod I = 0 Then Print "THE NUMBER IS NOT A PRIME NUMBER" Exit Sub End If Next I Print "THE NUMBER IS A PRIME NUMBER" End Sub Private Sub Command2_Click() Text1.Text = "" Text1.SetFocus End Sub Private Sub Command3_Click() End End Sub
What is sub set?
sub set is set
What does the word sub mean?
Sub means smaller or under.
What is prime cost sum in construction?
The term "Prime Cost Sum" shall mean a sum provided for work or services to be executed by a Nominated Sub-contractor or for material s or goods to be obtained from a Nominated Supplier. Such sum shall be deemed to be exclusive of any profit or attendance required by the Contractor and provision shall be made for the additional thereof.
What is 4 9 sub?
4 9 sub is 7 squared
Where can one find information about sub prime lending?
One can find information about sub prime lending from the following sites; Bankrate, SFGate, Department of Bank Insurance, HUD government, and Investopedia.
What is money given to a borrower with low income and assets?
Sub-Prime lending. Others simply call it foolish.
In relation to finance what is sub prime lending?
Sub prime lending is the process of making loans to people who may have difficulty maintaining the repayment schedule. Typically, these loans may have a higher interest rate, poor quality collateral, and less favorable terms, in order to compensate for the higher credit risk.
What is a sub prime credit card?
A sub prime credit card usually has higher interest rates and a lower credit limit than a regular card, but they can be used by borrowers with a lower credit score. Most major issuers issue them, but some smaller issuers also specialize in sub prime lending.
Subprime debt crisis?
Sub-prime debt was a major aspect to the Global Financial Crises overall. Sub-prime lending involved the opening of high risk secure and unsecured credit, and unscrupulous to criminal banking policies.
How can a person that has a felony buy a house?
Short answer: Can't do it! There are the prime and subprime lending markets. It is a fair bet that most all of the borrowers in the subprime lending market do not have any felony convictions. Everybody watching the news these last few months is probably weary of the news of the crash in the sup-prime lending market. Hugh lending institutions are going out of business after having bought into the concept of lending mortgage money to people who, for various reasons such as credit history, job stability, debt, education level, income level, did not qualify for borrowing money at the attractive interest rates offered to borrowers who qualify for the "prime" lending market. Another way of looking at sub-prime lending is to say that for various reasons sub-prime mortgage borrowers were not as credit worthy as prime lending market borrowers. This made rational the idea that they (lenders) could exact higher interest rates from people who were less creditworthy yet, who desired to borrow money to buy real estate. All this to say that convicted felons are much worse lending targets than the thousands of people who make up the sub-prime lending market. So in the lingo of old agrarian America: Convicted felons will have a "hard row to hoe" when it comes to borrowing money to buy homes. Chai Xiuchi, Dallas Texas
Which websites carry details on prime lending rates?
You can find information on prime lending rates at www2.primelending.com.
Who is the founder of Dollar Loan Center?
Chuck Brennan is the founder of the Dollar Loan Center. He started the organization in 1998 when he saw a nationwide need in the sub-prime lending market.
What is RPLR?
Retail prime lending rate which usually the bank's lending rate for the loan
Why sub-prime crisis is called as Sub-prime?
It is called "sub-rime" because the holding of sub-prime (low credit quality) debt precipitated the crisis.
Why is the offering of teaser loans by commercial banks a cause of economic concern?
The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
Can a mortgage become sub prime?
No. It begins life as a sub-prime mortgage.
