What exactly is deep subprime borrowing from the bank?

Strong subprime is one of five borrowing tiers toward FICO credit reporting model. This is the prominent category, towards reasonable scores, spanning out-of individuals with a score less than 580. The newest FICO credit reporting design selections off 3 hundred so you’re able to 850, and also the high the matter the higher. Continue reading “Strong subprime automotive loans is actually you’ll, while you’re working with ideal lender”