PDA

View Full Version : Credit Scores be rayciss- new, federally backed credit bureau to close the "racial wealth gap"



Whitey Ford
07-11-2020, 08:56 AM
Joe Biden’s policy roadmap aims to create a new, federally-backed credit bureau to close the racial wealth gap

https://i.imgur.com/tk87DnZ.png

Americans may see the formation of a new federally-backed credit bureau if former vice president and presumptive Democratic presidential nominee Joe Biden is elected in November, thanks to the efforts of a task force appointed by Biden and Vermont Senator Bernie Sanders in May.

This week, the task force of Democrats presented Biden with a 110-page document of policy recommendations. NBC News first reported on the policy wish list on Wednesday. Although the document contains a wide range of initiatives from health care to immigration, the policy recommendations also focused on ways the U.S. can work to close the racial wealth gap, including creating a more level playing field when it comes to credit reporting.

“We’ve seen with horrifying clarity the cost of systemic racism,” Biden said in a speech given Thursday in Pennsylvania. “We need a dedicated agenda to close the wealth gap.”

https://www.cnbc.com/2020/07/09/joe-biden-democrats-aim-to-close-racial-wealth-gap-with-new-credit-bureau.html

Sandy
07-12-2020, 10:02 AM
Fine, make credit scores meaningless. Allow lenders one secret standard, "Are you a nigger?"

After getting rid of all niggers that whine "racism," it can't be any worse with high-risk humans that also whine and get rubber-stamped on loans as it is.

Midder Peenud Hayed
07-12-2020, 06:18 PM
Another idiotic idea in a long line of idiotic ideas. This would render Equifax, Experian, and Transunion meaningless. Lenders would have to be legally compelled to use the new nigger credit bureau, at which point, I'm sure they'd quit using credit scores altogether.

What really pisses me off is that this cheats those of us who maintain our credit responsibly by once again giving niggers something they neither earned or deserve.