Sort of a side tangent, but what banks are looking for specifically is demonstrable collateral for a loan that they can get access to, and the risk landscape is

Sort of a side tangent, but what banks are looking for specifically is demonstrable collateral for a loan that they can get access to, and the risk landscape is such that they're very constrained in what type of collateral this is with regard to people without a lot of capital. They look for employment because that's where most of the risk can be offloaded to. What would be nice to see would be forms of collateralized loans where the lender doesn't have to take custody of the collateral until default, which requires that they can actually take possession at a later date. We see this with homes, equity loans and the like, primarily because homes cannot be moved, but more importantly because lenders have a way to stop a sale before the loan is paid. With assets that can be moved around it is much harder, but imagine a scenario where for example, you can borrow against stock or a CD or something else, and the lender never touches the asset but becomes entitled to it if you default. This would significantly reduce lender friction and allow more people to take out loans with more different sources of income.