As with overall borrowing, nearly 4 - in - 10 (39 %) of Black borrowers drop out, compared to 29 % of white borrowers. (demos.org)
For instance, an investigation by the National Fair Housing Alliance into discriminatory auto lending revealed white borrowers with lower credit scores were given cheaper financing options than non-white consumers with better credit scores. (lendedu.com)
That's one reason why more than 20 % of African - American borrowers have credit scores of less than 620, compared to just over 5 % of non-Hispanic white borrowers. (inc.com)