Re:Max Levchin’s Affirm Raises $275M to Make Loans
by danieltillett on Thursday May 07, 2015 @02:03AM
(#9503514)
>denying credit on the basis of race, color, religion, national origin, gender, marital status
Are any of these independent factors for greater (or lower) risk once other factors like income, education and conscientiousness are considered? If they aren't why do any lenders care and if they are then any lender is just going to use cruder proxies for these factors disadvantaging more people.
Are any of these independent factors for greater (or lower) risk once other factors like income, education and conscientiousness are considered? If they aren't why do any lenders care and if they are then any lender is just going to use cruder proxies for these factors disadvantaging more people.