All this talk about how lending as a business is evil and commissions for sales people are wrong misses the point that if competition is working banks are meant to be walking over each other to lend money - or they go broke.
Those sales people might not be able to count but they are adding value to the system by connecting the person to the bank loan. Something a dry boring accountant with a masters degree cannot do necessarily. The skills a financial planner and mortgage specialists need are not that far different from a sales clerk in the mall.
Also unscrupulous lending practices are not a problem thanks to modern bankruptcy laws. In most cases bankrupts walk away scot free and the banks will lend to them again after just a couple of years.
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