Lenders are Making Some Student Loans Harder to Obtain

A recent article touched on the current state of the student loan industry and how overall market conditions are affecting it. Due to recent changes in overall market conditions, some have lenders are raising rates and fees on some student loans. In addition to raising rates and fees, some lenders are simply making certain student loans more difficult to obtain.

The article also focused on the difficulties that those with less-than-perfect credit may encounter when applying for new student loans and how fears over loan defaults may be contributing to what seems to be a general tightening of standards.

» Read the full article here

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Posted in News, Loans, Personal Finance, Student Loans

This entry was posted on Thursday, February 7th, 2008 at 7:06 am and is filed under News, Loans, Personal Finance, Student Loans. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.