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Subprime loans are not lending to people who can't repay. It's lending to people who don't have the credit history or have a poor history and giving them a chan
by docker_up 8y ago
Subprime loans are not lending to people who can't repay. It's lending to people who don't have the credit history or have a poor history and giving them a chance to borrow money. If they can't afford the loan they shouldn't be getting it in the first place.