Government Regulations The credit crisis of 2008 was caused by lenders providing loans to buyers who could not afford the payments on mortgages when the interest rates rose. The lenders could not pay the investors because the owners were defaulting on their loans. The Government could have mitigated this by having stricter loan qualifications. The lenders would not have been able to lend the money to the buyers who were high risk. Lending to buyers who are high-risk cause issues such as the crisis in 2008. The lenders wanted to make profits and could if the buyers continued to pay back the loans. The Government could have worked with the lenders by providing more guidelines and qualifications for issues loans. The guidelines should have been