Jump to content
House Price Crash Forum
Sign in to follow this  
OLDFTB

On Newsnight A Bit Later

Recommended Posts

A few years ago in the US the black and hispanic communities won a massive legal case against car manufacturers who had been charging higher IRs for loans to African Americans and Hispanic Americans than to White Americans.

I wonder if the same will now happen with mortgages?

Share this post


Link to post
Share on other sites
A few years ago in the US the black and hispanic communities won a massive legal case against car manufacturers who had been charging higher IRs for loans to African Americans and Hispanic Americans than to White Americans.

I wonder if the same will now happen with mortgages?

Looks like it

Share this post


Link to post
Share on other sites
A few years ago in the US the black and hispanic communities won a massive legal case against car manufacturers who had been charging higher IRs for loans to African Americans and Hispanic Americans than to White Americans.

I wonder if the same will now happen with mortgages?

Bring back local bank manager led lending.

Five years history of banking at your local branch and your bank manager will know if you are a responsible, prudent member of society, or a feckless muppet. Your skin colour should not be an issue.

Instead, we get blind risk assessment, which sees only that more BEM people default, so ups the interest rate and lends to anyone. That's unfair to everyone (including the repossessed muppets).

Share this post


Link to post
Share on other sites
Bring back local bank manager led lending.

Five years history of banking at your local branch and your bank manager will know if you are a responsible, prudent member of society, or a feckless muppet. Your skin colour should not be an issue.

Instead, we get blind risk assessment, which sees only that more BEM people default, so ups the interest rate and lends to anyone. That's unfair to everyone (including the repossessed muppets).

Absolutely TOTALLY agree....

And

COMPLETELY BAN LIAR LOANS OF ANY SORT.

25 year prison sentence for ANY lies/lying.

Edited by eric pebble

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 405 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.