Debt Collectors Are More Likely To Go After Black People

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By The Huffington Post’s Emily Cohn – A new survey finds that African-Americans are much more likely than whites to be called by debt collectors, despite both groups reporting relatively equal levels of debt and repayment rates.

Just take a look at this chart:

o-DEBT-COLLECTORS-570

Think tank Demos and the NAACP Economic Department collaborated to survey moderate-income American households with some credit card debt for the study. Black Americans weren’t any more likely than whites to be late on a payment, the survey found, and they were also no more likely than whites to declare bankruptcy or get evicted.

So what gives?

Continue to full article.

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