I’m not super happy with the lack of supporting data, just colorful graphs and a lot of emotional anecdotes but there is a clear disparity that I think warrants greater investigation. I love the credit union movement and was shocked to read this article. I would love to hear your opinions lemmings!
Like the author says this is probably due to how automated systems were trained. They weren’t made to be racist, but based on certain traits are more likely to reject, and that ends up making them discriminate against black applicants. I’m thinking: neighborhood, street, schools attended, stuff like that.