Wednesday, January 03, 2007
What If Credit Were Much Easier?
What if getting credit was much easier for all people? What if minorities had equal access to credit and similar rates of interest and payment structures? What if getting credit was much easier for anyone? What if anyone could get the credit they need?
If more than minorities got credit easier, some banks inquire if they would pay back the money; if they didnt would that average interests rates would travel up for everyone else because the money would need to be made back somehow?
Are minorities more likely to pay back their loans or less likely? Bashes it matter which minority segment? Which 1s are more than likely to pay their loans back then achromatic males? Are loan defaults more than likely with folks with less instruction or more education?
Does the percentage of employment per ethnical section matter in the repayment of loans? Are minorities more likely to pay off car, home or credit card loans? Are bad debt percentages similar to achromatic males?
Since it looks that achromatic males have got previously been given better interest rates in the first place, would this mean value their loan repayment percentages are skewed to prefer them in the future? Are the people who survey these things looking a all the world of achromatic males in their repayment of loans and their credit worthiness?
What are all the facts of this issue; political rightness aside, what is the existent truth on credit? And what if credit were equally as easy for all people in every civilization? Think on this.
