LongTermGuy
05-21-2015, 01:05 PM
05/15/2015
~ ``As part of its amnesty program, the Obama regime seeks to expand credit to a whopping 45 million potential deadbeats — including illegal immigrants — whose credit files are too spotty even to score for risk.
In a just-released federal report, the administration portrays these "credit invisibles" as victims of a traditional credit-scoring system. And since most are minorities, it claims that excluding them from the financial mainstream is discriminatory.`` ~
http://news.investors.com/ibd-editor...r-pool-yet.htm (http://news.investors.com/ibd-editorials/051515-752974-obama-pushes-banks-into-riskiest-borrower-pool-yet.htm)
~ ``As part of its amnesty program, the Obama regime seeks to expand credit to a whopping 45 million potential deadbeats — including illegal immigrants — whose credit files are too spotty even to score for risk.
In a just-released federal report, the administration portrays these "credit invisibles" as victims of a traditional credit-scoring system. And since most are minorities, it claims that excluding them from the financial mainstream is discriminatory.`` ~
http://news.investors.com/ibd-editor...r-pool-yet.htm (http://news.investors.com/ibd-editorials/051515-752974-obama-pushes-banks-into-riskiest-borrower-pool-yet.htm)