A lot of the discourse around this phenomenon seems to center "predatory lending" but it has never looked like that to me, and it seems like a defective argument along the lines of "7 companies caused climate change". The lenders don't come to your house and put a gun to your head. The American consumer is a hedonistic buffoon who wants a gigantic truck, regardless of the fact that their job as the assistant manager in the service department of the truck dealership can't support the $2000/mo all-in cost. Mr. Consumerbot expects the government to suppress fuel prices and regulate insurance prices and bail him out of the loan, even while he spends the remainder of his free time railing against taxation.