Racial Discrimination In The Auto Loan Market

More than 100 million Americans have an auto loan and auto loan debt in the U. S is at a record high of 1. 56 trillion Between the. The car loan situation explained Donut Podcasts is launching two all new podcasts this month so be sure to head over and. Congress eases rules against racial discrimination in the auto loan market By J.

News Car dealers often work with third-party. Some Illinois lawmakers say they want to end what they call car insurance red-lining in Illinois. Mark Cohen the Justin Potter Professor of American Competitive Enterprise and a Professor of Law discusses racial disparities in. Write up Via cnbc The color of your skin can make buying a car more expensive decades of experiments and data show. Federal authorities accuse a Maryland used car dealership of racially discriminating against black customers by offering them less.

Research shows auto lenders often charge black and Hispanic customers higher interest rates than white customers with similar. A former sales manager at a Mercedes-Benz dealership in Lafayette is now suing the business for racial discrimination Watch. The past problem has not disappeared. Moderator Larry Santucci Federal Reserve Bank of Philadelphia Racial Discrimination in the Auto Loan Market Alexander W racial discrimination in the auto loan market his research interests include financial institutions household finance and empirical Automatic captions.