The subprime market is undergoing a major change due to the recent narrowing of lender guidelines regarding applicants. Why in particular is the subprime market being targeted? Perhaps this is because the subprime market tends to experience more problems with meeting their loan obligations than other markets.Individuals who have to acquire a subprime loan typically have a spotty credit record, no credit record at all, or a bad credit record. No matter how you look at i…

More: continued here