Trump to Banks: Illegal Aliens Are Bad Credit Risks
· WOWERI
The Trump administration warns banks about credit risks associated with illegal aliens, which may affect their access to credit.
Changes in Credit Policy
The Trump administration warns banks about credit risks associated with illegal aliens, which may affect their access to credit. According to the article, Trump is now telling banks that they must consider whether borrowers who might be deported tomorrow will pay off their loans in the future or risk the stability of our financial system.
Impact on Immigrants
These changes may affect immigrants who are trying to get credit or take out a mortgage. They may need to provide additional documents or prove that they are not a credit risk.
What to do next
- H-1B Work Visa — Order
- Application for Employment Authorization — Order
- Appeal to Board of Immigration Appeals — Order
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Source: cis.org