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Nor have higher interest rates helped.
Private loans generally have higher interest rates and lack some consumer protections available with federal loans.
But there is a catch: the new cards have higher interest rates and annual fees.
The private, nonfederal, loans tend to have higher interest rates and fewer repayment protections than federal loans.
We are going to have to have higher interest rates soon, I expect before the summer is out.
The so-called subprime category, loans that have higher interest rates because of weaker credit histories by borrowers, increased substantially in the last years as housing values soared.
Similar(34)
Physicians in private hospitals (where most organ transplants in Mumbai occur) may have higher interests in improving their own transplant program than in improving the city-wide transplant program.
Both countries have high interest rates.
Several lenders already offer 95% loans, but these have high interest rates.
But high-yield corporate bonds have high interest rates for a reason.
"The only thing I guarantee for sure is that someday we will have high interest rates again," Mr. Cohn said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com