Inquisitive_
VIP
Even the wealthy business people need credit lines and loans to grow their businesses, take Trump as an example a man that has gone into bankruptcy so many times yet was able to borrow 100's of millions and continues to do so.
Even many big businesses can't survive without this, so what do you think of the small blacks that are utterly refused 90+% of the cases even the wealthy ones?
This is the main financial weapons used to castrate them along with many others, this study by a Professor at Harvard hits the nail on the head, on white privilege. but of course @VixR and her ilks will shamelessly blame the victims for this as being too lazy
Imagine being forced to pay a higher interest rate than any other racial group on mortgages?
It doesn't matter how high income you are, you are still highly likely to be refused outright just for being black, hence your forced to go to the sharks to suck the last pint of fresh blood out of you.
Black even pay more for cars then whites and other races according to the extensive studies by professors
Here is a link to the full Harvard Professor PDF Study
http://scholar.harvard.edu/files/pager/files/annualreview_discrimination.pdf
Even many big businesses can't survive without this, so what do you think of the small blacks that are utterly refused 90+% of the cases even the wealthy ones?
This is the main financial weapons used to castrate them along with many others, this study by a Professor at Harvard hits the nail on the head, on white privilege. but of course @VixR and her ilks will shamelessly blame the victims for this as being too lazy
Imagine being forced to pay a higher interest rate than any other racial group on mortgages?
Available evidence suggests that blacks face higher rejection rates and less favorable terms in securing mortgages than do whites with similar credit characteristics (Ross & Yinger 1999). Oliver & Shapiro (1997, p. 142) report that blacks pay more than 0.5% higher interest rates on home mortgages than do whites and that this difference persists with controls for income level, date of purchase, and age of buyer
It doesn't matter how high income you are, you are still highly likely to be refused outright just for being black, hence your forced to go to the sharks to suck the last pint of fresh blood out of you.
Further, the authors find that “even at the highest income level, blacks are almost three times as likely to get their loans from a subprime lender as are others” (p. 197; see also Calem et al. 2004). Although the disproportionate rise of subprime lending in minority communities is not solely the result of discrimination, some evidence suggests that in certain cases explicit racial targeting may be at work. In two audit studies in which creditworthy testers approached subprime lenders, whites were more likely to be referred to the lenders’ prime borrowing division than were similar black applicants
Further, subprime lenders quoted the black applicants very high rates, fees, and closing costs that were not correlated with risk (Williams et al. 2005)
Black even pay more for cars then whites and other races according to the extensive studies by professors
an audit study in Chicago in which testers posed as customers seeking to purchase a new car, approaching dealers with identical rehearsed bargaining strategies. The results show that dealers were less flexible in their negotiations with blacks, resulting in a significant disparity in the ultimate distribution of prices (relative to white men, black men and black women paid on average $1132 and $446 more, respectively) (Ayres 1995).
Here is a link to the full Harvard Professor PDF Study
http://scholar.harvard.edu/files/pager/files/annualreview_discrimination.pdf