> Is a bankruptcy greater than >10 years ago statistically a red flag? What do you think would be a better term? I think the banks themselves should be allowed

> Is a bankruptcy greater than >10 years ago statistically a red flag? What do you think would be a better term? I think the banks themselves should be allowed to decide when the risk is worth taking. It will all be determined by actuarial tables like every other similar business decision. If the risk of someone defaulting 15 years after bankruptcy is 20% higher, then banks may charge that person 20% more interest.