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Reply to "Woah, Navy Federal is hella racist"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How is a conclusion that only includes one single data point valid? What about down payments--yes, privileged white people are much more likely to have down payments given to them--debt, and most of all, credit score? Such a flawed and biased story.[/quote] Well the story focused on a black man who was rejected for a loan with 700+ FICO, 20% down payment, $100K income, and SFH owner occupied use. That’s a slam dunk underwriting approval. [/quote] And how much was he asking for?[/quote]
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