Posted on 10/13/2023 6:38:05 AM PDT by ChicagoConservative27
The Biden administration released a statement Thursday warning financial institutions against using a person’s immigration status in credit applications.
The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) released a joint statement telling financial institutions that while it is not illegal to consider a person’s immigration status in the decision on whether to lend money, an overreliance on it could run afoul of the law, according to the statement. The statement implicates the Equal Credit Opportunity Act (ECOA), which makes it illegal to discriminate on the basis of race, color, religion, national origin, sex and more in considering a person’s credit application as the mechanism, even though the law does list citizenship status as a protected attribute.
(Excerpt) Read more at msn.com ...
What’s the purpose of doing a credit check on someone who doesn’t have a valid Social Security number?
But Trump should be prosecuted for fraud for getting a loan he could and did pay.
Community re-investment act take 2.
Well hey, this what the white college educated women voted for
because they know more and know better than the rest of us.
1) Come to America by walking across the border
2) Get a bank loan
3) Leave America
>>>Biden Admin Threatens Banks That Refuse To Lend Money To Illegal Immigrants.
Can it get anymore bizarre? (don’t answer)
Dicktatorship on full display...in case you haven’t already noticed it, this is the state of the USA. And the childish Republican conference can’t even change their own diapers.
All hail Nero!
If this isn’t enough to impeach that pedophile clown I don’t know what is. That azho should not have any control over the banks. Now the azho wants the banks to give free money to foreign freeloaders? Where do you find free money under asylum policy. The banks don’t own those azho RAT voters anythings.
I would check before leaving money in lending-to-illegals institutions. That is a GREAT way to fund terrorists.
The whole concept is infuriating.
own = owe
He means GIVE money to Illegals
I know a few of them.
Illegals fall into none of those categories.
>>>Dicktatorship on full display...
It’s not a Dick but a Bidentatorship in his Bidenconomics.
The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) continue to give aid and comfort to the domestic and foreign enemies of the United States.
Original link:
https://dailycaller.com/2023/10/12/biden-admin-threatens-banks-refuse-lend-money-illegal-immigrants/
Quit!!! They keep taking it as a challenge
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