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A big one that sticks out to me is the banks lending too much. When I bought my house this past March I went in and they told me I was approved for a $300,000 house. In reality, I can afford a $150k house at max. I told the lender I wanted to keep the loan under $150k and she argued with me that I could afford $280k easily. It's absolutely ridiculous that we have bankers arguing with consumers that they can afford more than they really can. All the banks do is take your fixed monthly bills and subtract it from your monthly income and then say the rest can be spent on big gigantic house. They don't take into account FOOD, miscellaneous bills, entertainment, stuff you need around the house, gas, car maintenance, varying bills, etc.
I checked that and oil companies.
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