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Okay, so if someone conducts a scientific study that people from your demographic are less likely to pay back loans, and a bank uses that to deny you a loan to start your business. What are you going to do?

Are you going to accept that "science is science" and the people in your group are worse on average, so you as an individual shouldn't get to start a business? If you object are you just someone who "can't deal with the facts", and "putting your head in the sand" and denying the facts that the bank is probably right, someone from your background is going to fail anyway? Or will you just say, "Okay, science is science. The wiser have spoken, I will now give up on my dreams."



1. You can seek out a lender who specialises in higher risk loans

2. If there isn't one, you can start a lender that does that, since there is probably a business opportunity if noone is doing it.

3. You can convince friends and family that you are more reliable than your demographic and get angel investments from them.

4. You can convince VCs that you are more reliable than your demographic and get investment

5. You can try and aim for quick profitability and bootstrap your business.

6. You can complain about your victimhood and do nothing.


Ok, if you're just going to lie down and accept paying higher interest rates or jumping through hoops because you're male/female/black/white then go ahead.

I don't accept having to jump through additional hoops or having to pay more money because of demographic factors. And thankfully there are laws today that prevent banks from refusing to loan people money because they are black, female, etc.


This is why we have regulations that explicitly bar discrimination based on race.

Turning a blind eye to science isn’t solving the problem. It’s oppression.




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