 TITLE: How Subprime Loans Can Affect Your Credit CONTENT: How to Get a Subprime Loan\n--------------------------\nMany lenders that offer prime loans also offer subprime loans. Start by checking with your local bank, but also consider others that may be able to offer more favorable terms for your situation.\nCredit unions, for instance, have a federal cap of 18% on subprime loan interest rates, which is lower than what you might get from other lenders. However, you may need to be a member before you can apply.\nAnother option to consider is an online lender. Many online lenders allow you to get prequalified before you apply so you can get an idea of what rate and other terms you might get. This allows for easier comparison and prevents you from having to rack up credit inquiries as you shop around.\nAs with any loan, it's best to check with at least a few lenders to improve your chances of getting the best terms based on your qualifications. END