There was a UK equivalent of that but it got pretty rubbish. The rates dropped very low as too many people with cash were chasing too many borrowers. It got to

There was a UK equivalent of that but it got pretty rubbish. The rates dropped very low as too many people with cash were chasing too many borrowers. It got to the point that, even with a 10% loan portfolio, you might not make money as the borrowers were so bad.