African American

Wellstone ruled

(34,661 posts)

7. Good old Red Lining.

Wed Jun 7, 2017, 10:36 PM

Jun 2017

ACORN burned Wells Fargo and US Bank as well as TCF over that one. Now they use your Combination of Credit Score and Zip Code as well as specific Census data with in that Zip Code.

Here is a new one we discovered a few years ago. If the City you are buying a home in was devastated by the Housing Crash,well be prepared to sign a statement guaranteeing you have gainful employment for the lenght of your Mortgage. Just one of those thirty plus pieces of paper at closing.

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Redlining is alive and well in US auto insurance industry. [View all] wildeyed Jun 2017 OP

All about your Zip Code my friends. Wellstone ruled Jun 2017 #1

I agree! Insurance is the biggest LEGAL scam ever created! TheDebbieDee Jun 2017 #3

We live in a Zip Code shared by Wellstone ruled Jun 2017 #5

Another mis-use of redlining (until the late 90s) was home improvement loans... TheDebbieDee Jun 2017 #6

Good old Red Lining. Wellstone ruled Jun 2017 #7

How do you guarantee employment in an at will state for 20/30 yrs? irisblue Jun 2017 #9

Catch 22. Wellstone ruled Jun 2017 #10

Ours is a mixed neighborhood of very nice homes, in the 100 K range. dixiegrrrrl Jun 2017 #8

All about Zip Code and Credit Score. Wellstone ruled Jun 2017 #11

Redlining has been used by the insurance industry since zip codes were put into TheDebbieDee Jun 2017 #2

they also use credit scores KT2000 Jun 2017 #4

If they can do this with AUTO insurance imagine what they do with HEALTH insurance. Eliot Rosewater Jun 2017 #12

It's pretty blatant here in Southeast Michigan MrScorpio Jun 2017 #13

Yep. Quayblue Jun 2017 #14