4 ms·
So ultimately, it's the same core issue as the 2008 housing collapse. When lenders don't have to give half a crap about the borrower's ability to repay a loan,
by drspacemonkey 9y ago
So ultimately, it's the same core issue as the 2008 housing collapse. When lenders don't have to give half a crap about the borrower's ability to repay a loan, they just keep issuing bigger and bigger loans.