If you think that is bad, check this out (and I have seen other reporting of the banks doing a repeat of their follies that lead up to the 08′ crash),
Banks Seek Lower Credit Score Requirements, Targeting Over 50 Million New Subprime Borrowers
https://www.zerohedge.com/personal-finance/lenders-seek-rig-creditworthiness-metrics-push-issue-even-more-consumer-debt