The Unfair Price of Credit
There is an emerging market (called, sub prime lending) for those who have poor credit records but who fall short of being totally beyond credit acceptance and risk.
There is an emerging market (called, sub prime lending) for those who have poor credit records but who fall short of being totally beyond credit acceptance and risk.
To explain why there is such a business, take this example: The commission payable to a financial adviser or mortgage broker from the actual moneylender for £100,000 deal is about £250.
