Loans to weak credit...I thought that already happened.
Some 5 years ago, a local branch of Citi Financial called me, trying harder than a car dealer to talk me into a home eq loan I didn’t need or want, on my mortgage-free abode. It was totally clear to the agent that my income didn’t justify the loan in any real world, but when he realized it was clear to me as well, he acted personally offended and hung up.
I could swear this sort of fast-and-loose lending was outmoded by now.
For a number of years, my mail box was flooded by offers from "financial institutions" wanting me to get a home equity loan from them, not too much anymore.
I have a home equity line of credit at my C.U. with a zero balance. They send me blank checks trying to get me to borrow money. It cost nothing to get the credit line, no appraisal costs etc. and nothing to maintain it. It's available to get cash quickly, if I ever need it.