Subprime lending is receiving attention in the news as major financial institutions who invested heavily in this commodity now have to deal with increased numbers of foreclosures.
Individuals who are current on their home mortgage payments may feel that they are isolated from the impact of this financial situation; however anyone who is using consumer credit is likely to feel the results of the fallout. Learn more about subprime lending and its impact in this month's newsletter.
Download the April 2008 Money for Life newsletter (pdf) for more information.
Kathy S. Schmidt
5/1/2008