Everyone’s like “Better than getting denied a loan for an arbitrary reason”, but we’re addicted to debt.
Private loans being exceptionally hard to obtain would drive down prices and hopefully promote individual austerity (setting aside discrimination and bigotry).
Everyone’s like “Better than getting denied a loan for an arbitrary reason”, but we’re addicted to debt.
Private loans being exceptionally hard to obtain would drive down prices and hopefully promote individual austerity (setting aside discrimination and bigotry).
Private loans make the fairness problem worse.
Loans only go to the “right kind of people” with connections.
Without the ability to get loans for housing, it’s a landlord’s paradise.