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Thursday, April 19, 2018

Senate Votes To Roll Back Rules Aimed At Fair Auto Lending For Minorities

A man walks by a New York City auto dealership in 2017. Studies have found that African-Americans and Hispanics have systematically been charged a higher markup on auto loans than have white borrowers.

The measure, which now heads to the House, would roll back federal policies aimed at protecting minority buyers from discriminatory loan terms. The vote could lead to the rollback of other rules.

(Image credit: Spencer Platt/Getty Images)



from News : NPR https://ift.tt/2HJQlsX
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