Reply to Woah, Navy Federal is hella racist

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yep: 
https://www.investopedia.com/average-credit-scores-by-race-5214521

Explains everything except Asian. Asians with a military connection have lower than average credit scores?[/quote]

CNN used HMDA data, which does not provide credit scores. So they can’t control for that.

HOWEVER. CNN writes “…most of the Navy Federal applications that were denied are listed as being rejected for reasons other than “credit history.””

So they were not being rejected due to their credit history, which would flow thru to credit scoring.

And yes, Asians with military connection are likely more working class, shorter family history in the U.S., etc than NavyFed members who are white.

It would be interesting to know if NavyFed members who are white are actually military. I bet majority are family of military who inherited rights to NavyFed account and pretty far removed from military service. Whereas most black/Asian/Hispanic NavyFed members are actually direct military (either themselves or a parent). White NavyFed members are probably more likely to be college educated, white collar, and probably two-generations removed from military service. [/quote]

that was clever of CNN but I’m not sure “credit history” is the same thing as “credit score.” [/quote]

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