Lloyds tsb irresponsible lenders?

I heard this morning that LLoyds TSB have borken the banking code by lending over £100 000 to a family living on benefits.
While they should clearly be bought to book over this, the customer themselves signed the papers presumably without a gun being held to their head, and should take most of the responsibility for taking out the loan.

Have stopped being surprised by people's stupidity, fed up of reading stories about epople up to their eyeballs in debt who 'didn't realise' they had to pay it back. The concept of borrowing surely isn't that hard.

Exploitation

to a certain extent, people on low incomes are almost being exploited by the agressive marketing of loans and mortgages. Not everyone has their head screwed on the right way, but that doesn't mean they should end up in vast debt through no fault of their own!

Marketing

I think there should be tighter rules on how loans and mortgages are marketed. They seem to be pushed very hard in banks and building societies these days, and I can see how people can get confused.

Yes, but

I think thebanks have a responsibility not to just give money out to anyone who wants it. They clearly weren't doing the proper checks in that case, which is morally wrong. Not eveyrone is able to make a decision like that themselves, although I agree that we hear far too many stories about people just not getting the fact they had to pay it all back...