Hot Student Stories

In determining whether to issue a loan, banks are not allowed to ask about an applicant’s

Kevin Sutter

in Business

1 answer

1 answer

Tara Andrews on November 25, 2018

In the determination of the issuance of a loan, the banks are not allowed to ask about an applicant's country of origin.This is to prevent the banks of the stereotypes of the people and basing their decision on the person of his or her country of origin. All people should be equal when it comes to get the credit or not, since the decision must be based only on income and the corresponding factors other than descent.

Add you answer