There, fixed it.
Read about lenders throughout the history of mankind. I think you would come around to my way of thinking. In Biblical days, Jewish lenders did not hesitate to make loans to fellow Jews knowing that the person could never be able to repay it. Why make the bad loan? The lender determined that the person and his familly if sold off as slaves (as mandated by law) if the loan was defaulted was worth more than the defaulted loan. The lenders did not hesitate to take advantage of the consumers' foolishness. Not everyone took the loan, but enough did to make the practice profitable. It was one of the reasons why God let the Babylonians destroy Israel and carry her people off to captivity. I see this happening today (except for the slavery part) when major banks try to entice college students to apply for credit cards even when they do not have a job and are still in school. Loans products that were used rarely for problem applicants are now being used as mainstream products for people who cannot afford to buy a home in the first place. I see ethical problems coming out of the financial institutions, and if government is not the institution to rein in these practices, do you advocate an irate realative entering these bank offices with guns blazing and hostage taking??????