New Book Reveals How Banks and Financial Institutions are Discriminating Daily Against Their Customers
Reform or Revolt: The Push to End Discrimination in our Banks and Financial Institutions Based on Economic Class, Race, Sex and for Being Differently Abled by Benjamin Davis is now available.
SOUTH BELOIT, Ill., Oct. 29, 2018 /PRNewswire/ -- Banks and financial institutions discriminate against their customers daily based on economic class, race, sex and for being differently abled. This is done through lending and fee decisions based on discriminatory data related to income inequality. This impacts risk-based pricing on loans, credit score minimums for loan approval, debt to income ratio calculations, loan to value ratio calculations and requirements for primary mortgage insurance, among other policies. This new book is designed to identify and explain discriminatory financial processes, as well as offer solutions that financial institutions and customers can take to end financial discrimination.
The author has divided the book into three sections: Discriminatory Policies, Financial Institution Remediation and Customer Remediation. This new book features customer examples, formulas and calculations to show how banks and customers can be more profitable when we stop discriminating and start growing together. With in-depth insider knowledge, Benjamin Davis takes his nearly two decades of bank experience, in multiple roles for multiple institutions, and reveals exactly where and how customers are discriminated against because of their economic class, race, sex and for being differently abled.
The Discriminatory Policies section provides in-depth descriptions of bank policies and details how that policy is used to discriminate against a protected class of customers.
The Financial Institution Remediation section details how banks and financial institutions can solve for each of their impacted policies to eliminate discrimination in their daily routines.
The Customer Remediation section details how customers can force banks and financial institutions to act to end financial discrimination.
Everything you need to know, Reform or Revolt: A Push to End Discrimination in our Banks and Financial Institutions Based on Economic Class, Race, Sex and for Being Differently Abled will guide the reader in identifying financial discrimination and will inform on how to solve for it, once and for all. It is time to end financial discrimination. It is time for Reform or Revolt!
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Benjamin Davis
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SOURCE Benjamin Davis
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