by Whoosh Agency | Feb 24, 2021 | Consumer Debt, Subprime
If you’ve ever tried to get a mortgage or a car loan, you likely heard the term “debt to income ratio.” This ratio is a number that lenders use to determine how much more debt you can afford to pay each month. If your debt to income ratio is high, lenders will be less...
by Whoosh Agency | Jun 25, 2020 | Subprime
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...
