What I read: Two “almost identical schoolmates” but one black, the other one white, ask the same bank for the same loan, the black student gets it with a higher interest rate than the white student.
If so, then… wow!
this territory is moderated
They probably had different credit scores and income to debt ratio. Lenders can’t ask about race because of redlining laws
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Here they are targeting farmers. They are going through different voting blocks and handing out fiat!
Stack Sats and stay humble, but whatever you do... STACK SATA!
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That's true of basically all loans in the U.S. Cars, mortgages, etc.
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