it can be hard to qualify for the best credit cards — or any card at all. It's even more difficult if you fall in the subprime (credit scores of 580 to 619) or deep subprime category (scores ...

As a result, subprime borrowers often receive unfavorable terms on credit cards, loans and other financial products that can add up to high costs over time. These costs make it harder to get out ...

Subprime borrowers are rarely deemed eligible for 0% APR credit cards, for example. That said, even if you do get approved for the new loan or credit card, a subprime score will almost guarantee ...

The European Central Bank's Elizabeth McCaul says banks don't know the extent of their private-credit exposure. (Chasialis ...

Both Equifax and TransUnion discussed delinquency in auto finance this week, with one of the credit bureaus highlighting the ...

How I got into debt using subprime credit cards How I got into debt using subprime credit cards Available for over a year Amy, 31, explains how she got into a debt of £11,000 using credit cards.

Missed payments can quickly lead to a subprime credit score and can stay on your credit report for up to seven years. Making the minimum monthly payment for loans and credit cards keeps these ...