subprime background

subprime

/ˈsʌb.pɹʌɪm/ /ˈsʌb.pɹaɪm/

Illustration subprime - Image 1

noun

Préstamo subprime

A subprime loan.

Examples :

"Many people took out subprime loans to buy houses, even though they had a difficult time paying bills. "

Mucha gente solicitó préstamos subprime para comprar casas, a pesar de que tenían dificultades para pagar las facturas.

finance business economy

Illustration subprime - Image 1

adjective

Subprime, de baja calidad

Less than prime; inferior.

Examples :

"Because Mark had a low credit score and a limited job history, he was only offered a subprime mortgage with a higher interest rate than someone with better credit. "

Debido a que Mark tenía una baja calificación crediticia y un historial laboral limitado, solo se le ofreció una hipoteca subprime con una tasa de interés más alta que a alguien con mejor crédito.

business finance economy

Illustration subprime - Image 1

adjective

Subprime, de alto riesgo

(now worldwide) Designating a loan (typically at a greater than usual rate of interest) offered to a borrower who is not qualified for other loans (for example, because of a poor credit history).

Examples :

"The bank offered a subprime loan to the student, despite his poor credit history, at a higher interest rate. "

El banco ofreció un préstamo subprime al estudiante, a pesar de su mal historial crediticio, a una tasa de interés más alta.

finance business economy insurance asset

Illustration subprime - Image 1

adjective

Subprime

Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.

Examples :

"The bank offered a subprime loan rate for the new student housing development. "

El banco ofreció una tasa de préstamo subprime para el nuevo desarrollo de viviendas estudiantiles.

finance business economy