"Subprime Tax" Costs Low-Credit Households 4% of Median Income
August 07, 2025
August 07, 2025
NEW YORK, Aug. 7 -- Bankrate, a provider of financial services, issued the following news release:
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"Subprime Tax" Costs Low-Credit Households 4% of Median Income
Low-credit Americans charged an extra $3,400 on average per year for essential loans, insurance
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NEW YORK - August 6, 2025 - As household budgets continue to tighten, Americans with subprime credit scores are facing even greater costs for essential financ . . .
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"Subprime Tax" Costs Low-Credit Households 4% of Median Income
Low-credit Americans charged an extra $3,400 on average per year for essential loans, insurance
*
NEW YORK - August 6, 2025 - As household budgets continue to tighten, Americans with subprime credit scores are facing even greater costs for essential financ . . .