They start us young too. Knowing we aren't taught anything about credit; they give up extremely high apr loans knowing we can't pay them. Our credit takes a hit and it becomes impossible to even get predatory loans. I am speaking from experience here.
@@josephhsu3221 there's more to it than that, but I all reality I don't think its worth the argument. I saw your other comment stating that you are skeptical that it isn't discrimination, not saying you're wrong for that opinion, but I don't believe you'd wouldn't be skeptical of the other side. Which would ultimately make it a pointless argument. (Also people attempting to use banks outside of their home town is fairly normal, some people go for a specific kind of loan, or its the best rated. Looking for a specific apy on a savings account, etc.)
@@watdafak666 I did. You can’t tell me anything I already know. It started due to redlining. Parts of Oak Cliff and South Dallas wasn’t the hood when redlining started. Black people started to move in, whites fled like hell, and then they started to economically exclude those same neighborhoods. Let’s not forget when white people began bombing black people’s homes and businesses when black people started to move to South Dallas. This is common knowledge. Businesses didn’t close, they moved out due to the shifting demographics. This was a practice that happened across the country. Due to this, neighborhoods began to decline. Meanwhile, the Park Cities and many neighborhoods in North Dallas were never redlined and continues to be prosperous to this day.
@@214dude2 So you're saying a certain demographic moved in that caused all others to flee, including businesses and residents, and now you are blaming those that left for the decrepit state of these areas? If whites and businesses started moving in and displacing the current demographic you'd start blaming the people moving in for "gentrification." You can't win when you blame the demographic's problems on all outside factors. At one point you're going to have to hold the resident demographic accountable for its own shortcomings.
They start us young too. Knowing we aren't taught anything about credit; they give up extremely high apr loans knowing we can't pay them. Our credit takes a hit and it becomes impossible to even get predatory loans. I am speaking from experience here.
It’s not just black people. Nobody gets finance education
@@josephhsu3221 there's more to it than that, but I all reality I don't think its worth the argument. I saw your other comment stating that you are skeptical that it isn't discrimination, not saying you're wrong for that opinion, but I don't believe you'd wouldn't be skeptical of the other side. Which would ultimately make it a pointless argument.
(Also people attempting to use banks outside of their home town is fairly normal, some people go for a specific kind of loan, or its the best rated. Looking for a specific apy on a savings account, etc.)
Happening here in Kansas City Mo. I was redlined Aug. 2021 and not one attorney will assist me. I will not quit until I'm heard.
Texas Capital Bank out of Dallas recently sent unsolicited checks for $1,000 with 84-88% APR.
Hi, Sean. Can please contact David Schechter. He'd like to know more about this. dschechter@wfaa.com
i see nothing but opportunity there... if one bank jumped, they all will jump in!
what about black banks
Why don’t people in south Dallas use banks from south Dallas? I’m skeptical that This isn’t discrimination
There aren’t that many banks. Go google what South Dallas, Oak Cliff, etc. use to be BEFORE redlining.
If I was a bank director, I would try to screw everyone and anyone, including their grandma. This is deliberate, blatant and disgusting.
@@214dude2 Good reason for that if you do your homework youd realize why banks aren't putting branches there
@@watdafak666 I did. You can’t tell me anything I already know. It started due to redlining. Parts of Oak Cliff and South Dallas wasn’t the hood when redlining started. Black people started to move in, whites fled like hell, and then they started to economically exclude those same neighborhoods. Let’s not forget when white people began bombing black people’s homes and businesses when black people started to move to South Dallas. This is common knowledge. Businesses didn’t close, they moved out due to the shifting demographics. This was a practice that happened across the country. Due to this, neighborhoods began to decline. Meanwhile, the Park Cities and many neighborhoods in North Dallas were never redlined and continues to be prosperous to this day.
@@214dude2 So you're saying a certain demographic moved in that caused all others to flee, including businesses and residents, and now you are blaming those that left for the decrepit state of these areas? If whites and businesses started moving in and displacing the current demographic you'd start blaming the people moving in for "gentrification." You can't win when you blame the demographic's problems on all outside factors. At one point you're going to have to hold the resident demographic accountable for its own shortcomings.
Institutional Racism!!!