data to determine the creditworthiness of a borrower, which can lead to discrimination based on race and ethnicity,” says Silver. “Also, some real estate agents maysteer clients away from certain neighborhoodsbased on their racial makeup.” This practice, known as steering, is also now ...
When it comes to savings, yields differ from the fed funds rate because of the way the banking system is set up, Zimmerman says. Think of it this way: When you put money in an account at a bank, you’re essentially lending the bank money. And that loan has virtually no risk, as l...
In a space that’s all about decentralization, governance is the backbone, and UNI holders are the ones steering the ship.So, how does this governance work? Simple. Anyone with UNI tokens can propose changes or improvements to the protocol. These proposals are then put up for a vote. The...
To recap, homophones are words with the same sounds and spellings but different meanings. The best example of homophones that many get confused with is “there,”“their,” and “they’re.” Reckon we missed anything from the list? Share them in the comments, and feel free to leave your...
However unromantic of her this might be, it is possible she might actually want to get some sleep instead of picking through the annual Whitman’s sampler and stealing all the almond crunch. There was a precedent, from many years ago, in the pre-Marta era she likes to call “The dark ...
(CFPB):The Consumer Financial Protection Bureau is a federal agency responsible for enforcing consumer protection laws and promoting fair and transparent financial practices. It provides resources, guidance, and complaint resolution services to help borrowers understand their rights, navigate the lending ...
Indeed, in some respects, the Polo is classier inside than the pricier Audi A1. Only certain versions of the Peugeot 208 and Mini are better, with more plush materials lending them that extra touch of luxury (but also increasing their price tags). As you’d expect from a VW model every...
However, you don’t know how many people have had their hands on that door handle or steering wheel before you. It’s critical you treat it like any other public space and insist that it is disinfected before you drive. It’s important to wipe the car down yourself, or watch a ...
Regulation Z is the Federal Reserve Board regulation synonymous with theTruth in Lending Act of 1968, part of the Consumer Credit Protection Act.1The Act protects consumers from predatory lending practices. Lenders must disclose interest rates, allow borrowers to cancel certain types of loans, and ...
TheFair Credit Reporting Actwas passed in 1970 to regulate the collection of credit information which is frequently used to determine mortgage and lending rates. The law limits who can access a consumer's credit history and prohibits lenders from providing outdated or inaccurate information. The law...