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originally posted by: Sillyolme
a reply to: pavil
There shouldn't even be graphs indicating this since race plays no part in a credit application or approval.
There is no place for race on any credit application so unless it's a one on one sit down at the bank and then a bank officer noting race on the application the underwriters will never know the race of the applicant because they never see them.
Unless this is a survey of people who applied for a loan and were turned down. Then and only then could they even obtain data on the race of applicants. But then a survey unless it's national still wouldn't reflect a broad spectrum of society. So I'm doubtful of those figures.
Just a note and FYI: net worth includes real estate so homeowners in general will have a higher net worth. And property is collateral.
originally posted by: Sillyolme
a reply to: 3daysgone
Black Median Household income: $35,481
(all races $53,657)
All Black Workers 2015 weekly earnings:$624
(all races $803)
Black Men weekly earnings: $652
(All men $889)
Black Women weekly earnings: $608
(All women $721)
SOURCE: 2015 3rd Quarter: Bureau of Labor Statistics – 16 Years or Older & 2014 Census Bureau American Community Survey.

blackdemographics.com...
Those figures of yours are very wrong.
There is no place for race on any credit application so unless it's a one on one sit down at the bank and then a bank officer noting race on the application the underwriters will never know the race of the applicant because they never see them.
originally posted by: 3NL1GHT3N3D1
Race bait? Sounds like it. What do you think this thread will accomplish other than getting people arguing over race, as if we don't have enough of that already?