CNNMoney.com is running a very interesteing article where they forecast that the subprime mortgage woes will maie it harder to get low-interest loans.
It will effect Federal Loans less, but it may still have an effect. Currently many lenders absorb several of the fees assicated wtih Stafford and PLUS loans - if they’re losing money in other areas, they not be abel to affrod that.
With private loans you’re likely to see higher intereste rates or see a rise in the minimum credit scroe required to get