This TikTok video is a classic case of credit discrimination. A white car salesman speaks in a condescending manner to a Black man with a 440 credit score.
In the viral video, a respectful Black male explains that he has $15,000 in cash to put down on the car of his dreams: a $115,000 Dodge Hellcat.
“I bought cars like this before all my life,” said the customer, “and I’m not going from a Bentley to a retired cop car.”
The car salesman laughs at the customer, then persists in selling him junk cars that the customer doesn’t want.
Federal law protects consumers from organizations or people who regularly extend credit.
The Equal Credit Opportunity Act makes it illegal for a creditor to discriminate in any aspect of credit transaction based on certain characteristics.
America has a long history of discriminating against Black people based on their credit score. It is illegal to discriminate against ability to pay when making a determination about credit.
The car salesman in the TIkTok video is not going to extend credit to the customer. So he amuses himself by recording the guy and uploading the video to TikTok.
Georgia is a 2-party state, meaning both parties are required to know when a phone call is being recorded.
I did not know that car places would accept a watch as part of a trade in. Also taking out a loan for a down payment is wild pic.twitter.com/kUaPoD15xo
— Washingtons ghost (@hartgoat) July 24, 2024
