Biden admin threatens legal action against banks that refuse loans to migrant invaders

[Anti Federalist]

So, not only are your tax dollars funding your displacement and extinction, so are your savings and interest fees.

Biden Admin Orders Banks Not to Reject Illegal Immigrants' Loan Applications

https://archive.ph/ZM9Ua#selection-267.0-277.10

By Tom Ozimek
10/14/2023

The Biden administration has warned U.S. banks and other financial institutions that they can't reject illegal immigrants' credit applications based solely or predominantly on their immigration status.

The Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) said in a recent statement that rejecting illegal immigrants for credit cards and various types of loans just because they are noncitizens is unlawful.

The two agencies stated that they were issuing the warning "because consumers have reported being rejected for credit cards as well as for auto, student, personal and equipment loans because of their immigration status, even when they have strong credit histories and ties to the United States and are otherwise qualified to receive the loans."

 

[GlennwaldSnowdenAssanged]

Go to your bank and tell them you want to withdraw $20,000 and they will treat you like a criminal.

 

[WarriorLiberty]

Migrants cant take loans when they are migrants.

 

[oyarde]

Ya , you got problems if the dept of Unjustice is concerned about banks rejecting loan applications because the apllicant is here illegally and claims this isnt legal and they would sue. Pretty good example of how fucking retarded your countries federal agencies are .

 

[69360]

I'm sorry but refusing a loan to a non-citizen is perfectly valid. They have no ties to the country and could disapear with funds or financed goods. In my former business we automatically rejected any loan if you were not a citizen. To not be able to would harm my business model. If I was still in the business, I would be first in line to sue the feds over this.

 

[Anti Globalist]

Does the Biden administration really need to threaten the banks knowing full well they were going to cooperate and do that anyway?