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A Guide to Auto Loans in 2022

Better Credit Blog

Subprime loans have been credited with causing the Mortgage Meltdown back in 2008 and 2009, and they’re no longer available for mortgage financing. Similar to mortgage subprime loans, subprime auto loans charge very high-interest rates. Auto dealers use subprime auto loans to get those with poor credit histories into cars.

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All the Best Credit Cards of 2022

Better Credit Blog

For example, credit cards for people with fair or poor credit typically report your payment history to all three credit bureaus. That will enable you to begin improving your credit scores, so that you can eventually get a more traditional credit card. In most cases, you’ll be given a secured credit card.