Quote Originally Posted by gaelic cowboy View Post
As has already been pointed out your system will return the world to a place where only the toffs get credit and the rest of us are locked out of a system where we couldnt even borrow to fix the roof on our houses.
???

You can't just invent things. There are things such as "insurance" you know, there is saving money opposed to mass spending like we did. There is still normal people taking out small loans which they can repay.

Also, why would a toff need to take a loan? They got the money already.