Those stricter laws have definitely aided the specific situation. Nevertheless, the numbers on defaulted re payments will always be pretty high. More over, the fraudulent tasks of individuals who never plan to make repayments continue steadily to also harm the market.
Those figures that are high with reduced rates of interest inevitably lowers the earnings per consumer. Sadly, truthful customers are those whom suffer once the organizations turn to protect their business models as most readily useful they are able to.