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Credit scores in America perpetuate racial injustice.; Here's how they rate people of color
Topic Started: Nov 24 2015, 11:51 PM (57 Views)
Can't Help It
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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
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Can't Help It
Nov 24 2015, 11:51 PM
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.


no matter what you post on this website the truth shall follow you and haunt you
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kennyinbmore
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Can't Help It
Nov 24 2015, 11:51 PM
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.
Great story.
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UTB

Pay your bills on time, and you won't have any problems.
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