@pleonasm - I don't mean to be cynical, but I wonder if they are asked to give loans specifically to people who look like they will take a long time to pay them back.
I mean, the person would still have to be trustworthy, but it is a legal contract, and now even declaring bankruptcy won't help in some cases.
A risk analyst might want the company to have a bunch of people who have to pay more over the long run because they aren't able to finish their payments in the short term.
It seems like they were giving out home loans left, right and center a few years ago, and ended up with payments for a while and eventually a house when people defaulted. So, it makes me wonder.