The subjective element to legal interpretation is why our legal system is not purely algorithmic. If it was, people will argue malicious compliance like you ar

The subjective element to legal interpretation is why our legal system is not purely algorithmic. If it was, people will argue malicious compliance like you are, but intent has to be considered, both the intent of the developer and the intent of the exploiter (or loaner, is maybe a less loaded term for them) “Someone read the rules carefully, then borrowed capital to move the rules in their favor”, you could say the same thing about an integer overflow, both are attacks of excess, with intent for massive personal gain, outside the intended use case of the system