So did you know that having a credit score now means that it is a racist credit score?

Yeah, this is the new definition of racism in America today.

Anything you don't like, even if it has nothing to do with race, you say it is racist and

therefore you must get rid of it.

The Joe Biden White House is now saying they want to shut down the major credit bureaus

because they believe that it's racist to give people a credit score.

They have moved because of a paper that was published talking about how it's wrong to

have people's decisions being made based on a credit data and they say it actually hurts

and it adds for a spread in the existing racial inequality in this country.

They say it makes it harder because we have credit scores in this country to achieve true

economic equality if you are black or brown.

Their words not mine.

The new acting director of the CFPD who recently replaced Donald Trump's appointee put

out in a statement on a blog.

He has two main priorities that he would do.

Number one, relief for consumers facing hardship due to COVID-19 and the related economic

crisis and two racial equity.

But nowhere does a statement specifically mention the ideas of public credit reporting agencies.

Don't worry, we're now getting it from White House insiders who are saying this is exactly

what they want.

The three primary reporting agencies do something that's pretty simple.

If you've ever had to get your credit check for anything, you know how it works.

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