Report: Blacks, Hispanics Have Lower Credit Scores
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| An official at Taunton-based Bristol County Savings Bank, whose Dartmouth office is shown above, says a new Federal Reserve study reinforces that credit-scoring models “[aren’t] based on racial factors but just credit history.” |
By Amy Wyeth
A new Federal Reserve report documents for the first time that black and Hispanic borrowers generally have lower credit scores than whites.
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