Have Gamblers Caused the Credit Crunch?

As it is obviously clear, we know that we are in the middle of a huge financial crisis and the main culprit for this is the banks. Over the last few years, banks have been throwing away their money by giving it to people that cannot afford to pay it back. This has all led to the demise of the banks and businesses that were relying on them failing too.

I have always had a motto that if you cannot afford something then you should not buy it, why are people getting out huge mortgages that they cannot afford the repayment for? I mean borrowing over 100k is a huge amount of money. So this is why banks need to get their act together and carefully consider who they give their money too.

I have listed down a few situations where the banks definitely should not be lending out.
1) People that are on low income, what the banks are forgetting, is that people do not just have their mortgage to pay. They have the day to day costs of living to be taken into consideration. So someone that is earning 30k in my view should not be borrowing huge amounts for a home.
2) How long have they been in their work place? There are some people in this world that cannot be bothered to work and end up getting the sack. These people then find a job after a year or so of being unemployed and think that it is ok to go and get a car on finance, get a mortgage and sign up to things such as mobile contract. And to be honest no one tells them different, the bank just hands it over and the tax payer's end up suffering in the long run.
3) One crucial aspect that banks should look at is the habits of an individual before they loan any money out. How many times have gambling addicts got given a mortgage and car and then blow there monthly repayments on playing online poker or roulette. Addicts just will not stop so lending them money would be a huge no no.

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