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2. Do You Know What a Second-Chance Auto Loan Is?

   www.aol.com/know-second-chance-auto-loan...

   A second-chance auto loan is a type of financing lenders offer buyers with poor credit. Also known as subprime auto loans, second-chance auto loans are often buyers' last effort at getting funding ...

3. Delinquency rates at highest level in almost 30 years - AOL

   www.aol.com/finance/delinquency-rates-highest...

   Subprime auto loan delinquencies surge. According to Experian, borrowers with a FICO score between 501 and 600 fall under the subprime category. Lenders see subprime borrowers as a greater ...

4. Can You Buy a Car Without Credit History or a Cosigner - AOL

   www.aol.com/buy-car-without-credit-history...

   The good news is that folks with low credit scores can still get loans, even if they are subprime auto loans. This can make a huge difference for someone who needs a car to get to work or school ...

5. Subprime lending - Wikipedia

   en.wikipedia.org/wiki/Subprime_lending

   These loans are characterized by higher interest rates, poor quality collateral, and less favorable terms in order to compensate for higher credit risk. [3] During the early to mid-2000s, many subprime loans were packaged into mortgage-backed securities (MBS) and ultimately defaulted, contributing to the financial crisis of 2007–2008. [4]

6. Alternative financial services in the United States - Wikipedia

   en.wikipedia.org/wiki/Alternative_financial...

   For example, a customer could refinance $10,000 worth of auto loan debt at 7 percent interest into a home equity loan at 18 percent interest. Because the auto loan would have to be paid off in 5 years while the home equity loan would have a 20-year repayment plan, the required monthly payments for the customer would be lower even though the ...

7. RoadLoans - Wikipedia

   en.wikipedia.org/wiki/RoadLoans

   RoadLoans is a direct-to-consumer auto lender operating online and specializing in subprime auto loans. Established in 2000, RoadLoans finances and services new and used car loans as well as offering auto refinance options. [1] The Dallas-based company is a provider of subprime auto loans in the United States. [2]