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  1. #1
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    Niggers+Cheap Credit=Bubble, Federal Reserve lowers bank standards for personal loans

    The Federal Reserve wants make it easier to approve personal loans

    ‘The agencies recognize that use of alternative data may improve the speed and accuracy of credit decisions,’ they said in a joint statement
    It could become easier for some personal-loan applicants to secure a loan after federal regulators announced this week that they encourage the use of “alternative data” in credit underwriting standards — so long as it’s done responsibly.
    "Alternative Data"- i.e. the pimp game, the drug trade and the 'hustle.' LOL

    “To the extent firms are using or contemplating using alternative data, the agencies encourage responsible use of such data,” said the joint statement comes from the Fed, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the National Credit Union Administration.

    “The agencies recognize that use of alternative data may improve the speed and accuracy of credit decisions and may help firms evaluate the creditworthiness of consumers who currently may not obtain credit in the mainstream credit system,” they said.
    Hey, didn't the housing bubble happen when they let every useless and shiftless nigger have a home loan even when it was blatantly obvious that they couldn't afford it? Let's just double down then, eh?
    https://www.marketwatch.com/story/fe...?mod=home-page
    Be polite, be professional, but have a plan to avoid every nigger you meet.

  2. #2
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    There's someone who actually thinks niggers understand the concept of money, loans, and interest? They don't, any more than a five-year-old does. They just know, "Gots me a whole bunch of munny." Keep giving them money for bling, wigs, drugs and '98 Caddies. Good luck with this "alternative data" and with getting repaid.


  3. #3
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    Watch, niggers will default on loans the first month.
    Give America back to the human race and end nigger fuxation - TRUMP 2020

  4. #4
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    Quote Originally Posted by White Orchid View Post
    Watch, niggers will default on loans the first month.
    Yes, sir! And whatever collateral they had will not be worth recovering! Niggers don't bleed for the country! Niggers bleed from the country!
    Liberalism is the root of heresy, the tree of evil in whose branches all the harpies of infidelity find ample shelter; it is today the evil of all evils. - Dr. Don Felix Sarda Y Salvany

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