Last month, Tricolor Holdings collapsed suddenly, revealing a $900 million fraud led by CEO Daniel Chu. He allegedly tricked ...

Subprime mortgages, for those with low credit scores, carry high interest rates. Learn how they work, risks, and potential impacts on your financial future.

Discover what subprime loans are, who qualifies as a subprime borrower, and how they contributed to the financial crisis.

Founder and CEO Daniel Chu and other executives of Irving-based Tricolor have been indicted on federal fraud charges in ...

A subprime mortgage might be an option for a low-credit score borrower who can’t qualify for a conventional mortgage. There are laws in place to protect subprime borrowers from many of the risks they ...

Federal prosecutors filed criminal fraud charges against two top executives at Tricolor Auto, and two other executives have ...

Struggling with subprime credit? You're not alone. Learn five ways that you can quickly raise your credit score and improve ...

U.S. consumers with subpar credit scores are borrowing at a more modest pace in recent months, a sign that lenders are trimming their sails amid mounting losses. Data released by the Federal Reserve ...

That could be the motto for the subprime lending industry. And that simple slogan might just end up knocking the props out from under the U.S. economy. Until a few months ago, someone with tarnished ...

"Car prices have gone up by about 30% since 2019," said Girard. New and used car prices climbed sharply as supply chain ...

Sticker prices are increasingly out of reach for borrowers with subprime credit, especially for new cars, but increasingly even for used. Borrowers with subprime credit continue to get squeezed out of ...

A subprime mortgage is a type of home loan issued to borrowers with low credit scores (often below 600) who wouldn’t qualify for conventional mortgages. They usually come with much higher interest ...