What Is Subprime?

It rang in as the “word of the year” in 2007, according to the American Dialect Society. And chances are, you’ll spot “subprime” popping up even more during 2008. Just what is the buzz about? And more importantly, what does it mean for you? Here’s the scoop on subprime and how it will affect you this year.


Written by: Rachel Hartman
Rachel Hartman is a freelance writer based in Mexico. Learn more at her website, www.rachelhartman.com.