Why Subprime Loans Are Dropping

subprime loans
About 18 months ago, there was a surge of loans being written with customers with the lowest credit score. According to CNBC, subprime loans have dropped. Experian’s Melinda Zabritski says that just means lenders are starting to realize that too much subprime lending is not a good thing.

Watch the full interview from CNBC: https://video.cnbc.com/gallery/?video=3000625187&play=1