Isn't this how 2008 happened? Needing to have cash for a security deposit or down payment is a gate designed to reduce risk. Allowing people to take out these l

Isn't this how 2008 happened? Needing to have cash for a security deposit or down payment is a gate designed to reduce risk. Allowing people to take out these loans introduces risks for the landlords. If this catches on landlords are going to start having to do multiple credit checks, once when you apply and another on the day you sign or very close to it, just like they do for mortgages.