Sub-prime mortgages in the US were a form of illegitimate debt.

Name: Sub-prime mortgages in the US were a form of illegitimate debt.
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Sub-prime mortgages were often given to borrowers with poor credit histories and low credit scores, and they often had high interest rates and fees. These loans were often considered to be illegitimate because they were often made to borrowers who could not afford them, and they often led to foreclosures.

Sub-Prime Mortgages in the US Were a Form of Illegitimate