ilmscore | Interest Rates on Subprime Borrowers Predictions

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Subprime borrowers can expect significantly higher interest rates: 11% on mortgages (vs. 6%), 12% on auto loans (vs. 7%), and 25-45% on payday loans.

"instead of giving you a 6% mortgage we're going to charge you 11% instead of us charging you 7% on t..."

Jun 14, 2024

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