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Financially ignorant people with wants bigger than their needs & no ability to repay of course had no part in this.
Those bad people just took advantage of them . Yep,more victims.
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Of course they're not victims, they walk away with what they started with. Broke with lousy credit.
There's something called a finance officer from the bank who's supposed to deny these applicants as their duty is to safeguard the other people's money their handing out.
If you want to blame the "financially ignorant" well then it's also the people's fault that put there money into these banks making these bad loans.
No, the financial institution has a responsibility to it's investors not to engage in this reckless activity.