Frequent Contributor
Posts: 334
Registered: ‎04-21-2012
Re: Is the Sub-prime Market Growing? (article)

I think the reason for the increase in the sub-prime credit is because the banks have gotten their bail out and their profits have gone back up.  There is still money to be made by going after these toxic creditors so they decided to get back into the water.  Banks are predators.

Starting Score: 676 Feb 2008; Current Score: 791 EQ; 824 CA, Dec. 2014; TU 814, Oct. 2014; Goal Score: 800 by end of year Oldest Account reported by EQ: 12 years; EQ AAoA: 5.8 years; EQ Credit Utilization: 2.3%