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Re:Tell HN: Salary data is for sale by pjlegato on Friday January 07, 2022 @08:37AM (#29838921)
Bank of America was founded in 1904 -- well before credit scores became a thing -- to provide banking services to Italian-Americans, who could not usually obtain service from other banks due to ethnic discrimination.
Re:Tell HN: Salary data is for sale by mbg721 on Friday January 07, 2022 @08:43AM (#29838992)
It's also worth noting that banks couldn't operate across state lines until sometime in the 80s, so it wasn't unusual to see a lot of different smaller banks.
Re:Tell HN: Salary data is for sale by InTheArena on Friday January 07, 2022 @10:20AM (#29840103)
Which is a good example of why you need financial systems to eliminate ethnic and religious biases in lending.