Are Credit Scores Racist?

If black people suck at using credit more than white people, that's not racism. It's statistics.

Just like crime stats.

A number? How? You could argue how a number is used could hurt someone, but the data itself is just data.

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Is it time to revamp the entire credit qualification process as dated, unrealistic and prejudicial?

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You misspelled "credick".

the credit rating system is a joke, but not because it singles out any race.

There are no pictures attached to any credit report I've ever heard of. And that's a good reason to name your kid "Steve" instead of "Sheddrick".

Also, the most over the top swank card you can get is the Black Card.

Working in banking and other financial services has shown me the true source of the problem with this issue and it is collections. Since they don't have access to health insurance they opt to go to the emergency room more often than not or doc in the box places. Sometimes they don't receive the bill because they move alot or they simply don't pay it. Being that they don't understand how credit truly works they don't see this being a consequence for them later on. This isn't just a black thing either, poor whites have the exact same problem.

Does the Pope shite in the woods?

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Is it time to revamp the entire credit qualification process as dated, unrealistic and prejudicial?

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No. Because it's not. Next question.

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lower average incomes, identification issues, unemployment or under-employment and lack of home address stability as responsible for dramatically lower scores.

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Umm... shouldn't these lead to a lower credit score?