The problem is that we've optimized for convenience and friendliness. I've seen freaking F2P MMORPGs offering better login security procedures than major finan

The problem is that we've optimized for convenience and friendliness. I've seen freaking F2P MMORPGs offering better login security procedures than major financial products. Getting a loan is a significant decision. It's okay to have some circumstance and hassle around it, especially if it can actually provide some security benefits. Personally, I'd love to see "each credit application must be submitted with a photo and a fingerprint" or even "you must go into some physical office to get verified." Yes, it would be a hassle to get that 90-days-same-as-cash washing machine promo, but if someone claimed identity theft, you've got a thick stack of records designed to make prosecuting the crime easy.