What are subprime auto loans?
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Permalink Reply by patrick Blizzak on
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Well, it is not so easy as it seems. First of all check this information about auto loans https://fintopi.com/. Still, I recommend to turn to some reliable loan company. I had a nice experience with those guys and I was taken thorough with all the info from the program. They walked me through the program with ease. It was very easy to understand
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A subprime auto loan is a type of loan used to finance a car purchase that's offered to people with low credit scores or limited credit histories. Subprime loans carry higher interest rates than comparable prime loans and may also come with prepayment penalties if the borrower chooses to pay off the loan early.
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