adspace


What is sub- prime lending?

Answer Posted / Anoo Sonker

Sub-prime lending refers to the practice of extending loans to borrowers who have a higher risk of default due to poor credit history or low income. These loans often come with higher interest rates to compensate for the increased risk.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell some of the projects you did in the past?

1137


Discuss risks that you have taken if your life?

1131


What is Incorporation?

1158


What is current GDP of India?

1628


If you will be an animal in the next birth, what animal you would like to be and why?

1405


Write Different Kinds of Debentures According to Recording Point of View?

1071


What are the latest gold schemes launched by government and their various benefits?

1156


I want the sample question paper of po exam of sbi?

2069


Tell us about your qualification and subjects you studied?

1101


Define Preference Shares?

1270


Whom do you admire the most and why?

1253


Who is the Governor, Chief Minsiter and Other Ministers of Your State (Like Education, Tourism Ministers)?

1135


Why do you think you will succeed in this job?

1091


Do you anything about bureaucracy?

1164


What are some of the most significant deals this bank has completed in the last 12 months?

1214