The study by the National Community Reinvestment Coalition used a match-pair"mystery shopper" test, where a Black and a white applicant with nearly identical business profiles and strong credit histories would contact the same bank.
"We find troubling patterns that that loan program, that PPP program, was not offered equally across our test groups," he added.The study, which is small and has not been peer-reviewed, was conducted from April 27 to May 29. Applicants contacted 17 different financial institutions in the Washington, D.C., area.
In this Wednesday, June 24, 2020, photograph, a sign in the window informs passersby that Spokehouse Bikes in the Upham's Corner neighborhood of Boston is a Black-owned business.The study highlights one example where a bank representative turned away a Black applicant because he did not have an account at that bank. A representative from the same bank encouraged a white applicant in the same situation to open an account and offered to send him PPP loan materials.
"It shows that borrowing while Black is still a hazard," said Jesse Van Tol, the CEO of the NCRC, the study's sponsor.
HAHAHAHA.... I think you'll find the 'DIFFERENCE' in their CREDIT SCORE AND HISTORY!
If my math is correct isn’t that less than half....? Not sure where you’re going with this 🥴
This is like saying because somebody's 6'4 250 and hits 50 homers, everybody that size should hit 50 homers. Welcome to the world everything's not equal.
This is why our country has problems. Media will destroy our way of thinking and is very dangerous indeed
This is no surprise, Black People are discriminated against, in every Possible Way in America, Every possible Way, We are discriminated against from the Cradle Unto the Grave, AMERICA has always treated Black People as 2class to 3rd class citizens
We are supervised why ?
So tired of these articles everyday
From the full article:”At 13 of those banks, there was at least one case where Black and white applicants were treated differently.” ONE case? Wow!
Most all of the loans went through a business' local bank and provided the information required by the local bank. Maybe you should interview the banks that the black business owners had direct relationships with
Having to check off black white hispanic ...ect ect ect is what needs to stop
“The study, which is small and has not been peer-reviewed”
ABC slowly turning into BET
Here we go!
Stupid study. “The study highlights one example where a bank representative turned away a Black applicant because he did not have an account at that bank.” If I don’t bank at a particular bank, they turn me away. Stop your racist stories.
And people say systemic racism doesn’t exists? 🤦🏾♀️
This type of article induces to believe that it is pure 'racism'. A better statistical study should be done, the differences could be: creditworthiness, history credit, fixed income. Disgust of article.🤮
And we determined that was because of color because [insert enormous volume of research].
Yeah and if you do this 'test' in a different neighborhood/city the results will be different
Proof?
As always. Gig workers are not even being considered! We HAVEN'T RECEIVED EVEN ONE PAYMENT FROM GA. UNEMPLOYMENT.
Of course
SO TURNING YOUR ARTICLE AROUND TO THE TRUTH: 36 minority owned businesses 57.2 %, were favored over white owned businesses. ABC feeble attempt to stir up shit, some of us still no mathematics.
Here we go!Lord!
It’s called bad credit not racism.
‘Nearly identical’ is not how science works.
None of this is new OR news
Never!
If this is true could someone please explain why? I want honest and serious answers.
What type of business we speaking of? Add more to the description!
Unbelievable? NOT!!!?
behaved properly?
Great Making!
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แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »