I suspect you are old enough to know, and remember, that this is how banking used to operate, back in the days before computer technology made it possible to do the things that have been highlighted in here, in earlier postings.
I have never forgotten how I was grilled by a local building society manager (a building society equates to a bank in the UK for anyone who doesn't know the term); he personally interviewed me for what seemed like for ever in order to ensure that I could repay the loan.

From the Bank of Dave website FAQs:-
"Do you credit score?
No, we manually underwrite every application. You obtain a decision from a person, not a computer."

Says it all really.

Great documentary tonight by the way; it confirmed for me the suspicion I have that the UK can't rely on what goes on within the capital; this guy Dave Fishwick (DF) took his fight to the authorities (financial services authority in this instance) who were sat on their hands and, initially, just said no to his initiative, guts and determination to succeed.
Amazingly, the FSA thinking was that Dave's bank would be more acceptable to the authorities if the loans on offer were to provide greater risk for the customer. DF underwrites all loans from his own resources with insurance cover for the small number that default - but, the main point is that the local community trust each other in assessing what risk does exist.
Go figure.

__________________
Dave