Any Co-relation Between Subprime And Debt?

You seem to have done fine other than to fill in the explanation of your general question.
In general, subprime loans ( those that are of a higher interest rate) are given to people for 1 major reason based on 2 major factors.
The major reason is the lender's view of your ability to pay back a loan. The less likely or bigger the risk they are taking to lend you the money, the higher your interest rate will be.
The 2 factors?
1: Debt to income ratio... How much money of your income per month goes out to debts (not necesarily bills) such as credit cards and other lenders versus how much money you bring into the household per month. The higher the ration (the more you owe) the higher the risk you are to the lender.
2:Payment history: Do you have a history of missing payments, making late payments or letting debts go to collection? It is a firm belief in the lending world that your previous payment history does and will reflect how you will pay in the future.

Hope this helps

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