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What Are Subprime Loans and Their Pros and Cons?

What Are Subprime Loans and Their Pros and Cons?

A subprime loan is a type of loan offered at a higher rate than prime to people who don’t qualify for prime rate loans. Often, subprime borrowers have been rejected by traditional lenders because they have low credit scores or have other factors that give lenders...
Student Loan Debt

Student Loan Debt

During this unprecedented time of COVID-19, many people are unable to make their ends meet, including their rent or mortgage, credit cards, or other obligations. Many people are under the assumption that when it comes to student loans, that they have no option but to...