Direct-To-Consumer Student Loans Riskier

14 Aug 2009

Moody’s Investors Service says so-called direct-to-consumer student loans have the potential for higher default rates than traditional loans.

Moody’s Investors Service says so-called direct-to-consumer student loans have the potential for higher default rates than traditional loans. According to Moody’s, there is a greater chance that the DTC loans, which go directly to the borrower, would be used for something other than educational purposes, such as excessive ...

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