How come non-prime individuals become illiquid? The assumption which was often stated had been a shock cost. The frequently repeated tale ended up being that their car broke down plus they needed $500 in repairs. Considering that many people that are non-prime have actually $500 they could access for an emergency,  that they had a liquidity issue. (Hold apart the reality that the greater part of Us americans, including many prime consumers, shortage access to $2,000 in cost savings, that will be required for numerous medical, house fix, and even some car emergencies).  Without fixing their automobile, they might never be in a position to get to exert effort, ensuing possibly in task loss/not having the ability to select their kids up, etc.