Banks still offer Black entrepreneurs inferior loans, service even when they are better qualified than peers
Nearly a decade ago, researchers from Brigham Young University, Utah State University and Rutgers published a disheartening study revealing how discrimination in bank loan services was tainting the American Dream for minority entrepreneurs.
Unfortunately, even in 2023, not much has changed. A newly published paper from this core group of authors finds banks still offer Black customers inferior loan products and service, even when those Black customers have objectively stronger financial profiles and FICO ...









