Join for FREE,
and start talking with other members, weighing in on community discussions,
Also, by registering and logging in you'll see fewer ads and pesky
welcome messages (like this one!)
And, yes, banks need "skin in the game" so they will lend responsibly. It's all well and good to hold these kids responsible for staffords, but anything beyond that amount, a bank needs to evaluate the risk, take on some of the risk.