Glossary
Credit Tiers
The segmentation of borrowers — prime, near-prime, subprime, deep subprime — used by lenders to price and underwrite credit. Most consumer-financing waterfalls explicitly map lenders to tiers.
Glossary
The segmentation of borrowers — prime, near-prime, subprime, deep subprime — used by lenders to price and underwrite credit. Most consumer-financing waterfalls explicitly map lenders to tiers.