Having an exact match domain makes it way easier to rank. That domain does have zero benefit to ranking for that search phrase quoted, so I don't think I'm being harsh.
You're completely right saying you don't need the keywords in the domain to rank, it can still be done. But he could also use this domain to try and rank for "buy viagra", "mobile phones" and "credit cards". Shall we include those search stats in his incredibly flawed valuation too?
Dashu1, how much do you value this domain at? Interestingly, he has been offered the exact same price I paid for BankLoans.net - which would you rather have?