Posted on 02/07/2014 5:06:25 PM PST by jazusamo
This proves that Obama and fellow crook Holder still believe this is 1950 and lending institutions just hate all black people. The facts are black loan seekers, on average, have poorer credit ratings than white loan seekers who have lower credit ratings than Asian loan seekers. Appeals to reason cut no ice with racialists determined to find racism in every nook and cranny.
The way I read it, the rates for borrowers with good credit scores is going up.
This will translate into less auto sales as people say no thanks and keep their car a little longer.
Welcome to Obamanomics.
Used cars Re going to be dirt cheap in a year or so
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