What is a subprime loan? How do subprime loans differ from standard loans?

Your project is to research the subprime difficulties that led to the

A subprime loan is a type of loan that is typically given to individuals with poor credit ratings or a limited credit history. These loans typically have higher interest rates and more restrictive terms than standard loans, as lenders consider these borrowers as high risk. Subprime loans may also require larger down payments and may not offer the same flexibility or leniency in repayment plans that are available with standard loans.