| Credit scores in America perpetuate racial injustice.; Here's how they rate people of color | |
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| Topic Started: Nov 24 2015, 11:51 PM (57 Views) | |
| Can't Help It | Nov 24 2015, 11:51 PM Post #1 |
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http://www.theguardian.com/commentisfree/2015/oct/13/your-credit-score-is-racist-heres-why In New York City, a coalition of labor, community and civil rights groups recently won the strongest ban on employment credit checks in the country. It’s a major economic justice victory, but we know it’s just a first step. We knocked down this discriminatory barrier because there is no demonstrated connection between a person’s credit history and his or her likely job performance or character. I too have questioned this practice and it's relevancy to employment , but did you also know that banks either own of finance the Payday loans and check cashing establishments ? Just a FYI if you're thinking about buying a house or a car, check your CS before contacting anybody about either. |
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| ...fixed | Nov 25 2015, 06:02 AM Post #2 |
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no matter what you post on this website the truth shall follow you and haunt you |
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| kennyinbmore | Nov 25 2015, 08:27 AM Post #3 |
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Great story. |
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| UTB | Nov 25 2015, 10:14 AM Post #4 |
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Pay your bills on time, and you won't have any problems. |
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4:19 AM Jul 11