I think banks should look at people`s history before they lend to see if he has ever for example paid a bill late or if they haven´t paid the bill of the restaurant....Also they should only lend money to people that aren`t going to use it for good things such as people with criminal records.

For example if Craig hasn`t paid athe water bill recently then they shouldn`t lend him any money because it means that if they lend him money then they aren`t gong to be able to pay it back but if it was long ago then they should lend him money because that means that now they might have a better chance of paying it back. Also imagine that Craig once ended up in prison and he has been released recently and has a high reoffending risk, then they shouldn`t lend him money in case he uses it for things that he shouldn`t such as drugs and weapons. But in case he had no reoffending risk then they should lend him because probably he already learned the lesson.

Also I think banks shouldn`t let people save their money in them if they`re not living in that country so that people don`t have bank accounts in Switzerland or other countries and it is easy to track. That way it will be harder for people to steal money.


Comments (3)

  • Olivia-Avatar.jpg Olivia @ Topical Talk
    11 Dec 2018

    Thanks for your post! I'm interested in your fictional character and was wondering; what might be some of the problems for people who have recently been released from prison if they AREN'T able to get a loan? Are we making assumptions about all of these people by saying they shouldn't be lent to?

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    1. St-Josephs-Northfleet-logo-250x250.jpg energetic_conversation | St Joseph's Catholic Primary School, Northfleet
      Olivia @ Topical Talk's comment 11 Dec 2018

      If they aren't able to get a loan this could end up mostly badly as this happening could motivate the prisoner to do different things:
      1. The prisoner would become homeless and be motivated to continue doing what ever they did to get into prison. Or he might just change and move onto robbery instead. They'd probably end up in prison again and a chance for him having a proper life is mostly gone.
      2. They might not do bad things to earn money but because they might think that being in prison is better than being homeless. You get food and, even if it is just a cell, somewhere to live.
      3. The prisoner could be motivated to trick the bank, plead for a chance to be given a loan and... the money isn't payed back. Though this happening would be least likely to happen and as no smart bank would loan to someone with NO MONEY AT ALL.
      4. There is a chance of giving up his own life but I don't want to add to that.
      As you can see there could be some very bad endings, but look on the bright side! The world is simply FULL of possibilities...
      1. A very caring family member could help a lot, maybe give the prisoner a boost to start acting properly. They could be at their side and help them on their journey to getting a proper life.
      2.The prisoner could get a job! Day by day the money would start flowing and he could then go to more paying jobs. He could show he was trusted as he'd already had the job he'd started of with.
      3. No friendly family member at hand? Charities are here to help! The prisoner IS technically a poor person in need of money!
      These are a few answers to your question of: "What might be some problems for people who have recently been released from prison if they aren't able to get a loan?" Though I have also written things they could do instead so life wouldn't be so bad.

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  • New-Horizons-logo-250x250.jpg steadfast_moon | New Horizons Children's Academy
    11 Dec 2018

    Great post... but how will the bank know if they can pay back or not?

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